Trade Deficit

Imports surge led by gold, silver and electronics while exports dip marginally; Centre weighs relief measures as West Asia crisis disrupts logistics and raises shipping costs

India's exports to the US dipped 12.88 per cent year-on-year to USD 6.88 billion in February due to high tariffs in America, while the trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal, according to the commerce ministry data released on Monday. Exports contracted in September, October, December last year and January this year also. However, it rose 22.61 per cent in November. Indian goods were attracting a sweeping 50 per cent levies in the US. But after US Supreme Court struck down the Trump tariffs, US President Donald Trump imposed 10 per cent duty on all countries from February 24 for 150 days. So now the impact of the lower tariffs is likely to be reflected in the data for the month of March, which will be released in mid-May. Imports, on the other hand, from the US grew 36.53 per cent to USD 4.48 billion in February, data showed. During the April-February period of this fiscal year, the country's exports to the US increased 3.84 per

Imports grew 24% in February to $63.71 billion, due to gold and silver imports, according to data released by the commerce department on Monday

India's current account deficit widened to $13.2 billion in Q3FY26 as the trade gap expanded, though higher services receipts, lower investment outflows and stronger remittances provided some support

India ramps up imports from the US, pushing January shipments up 24% and steadily narrowing its trade surplus with Washington amid tariff pressures

The new India-US reciprocal tariff deal offers relief and predictability, but ties market access to strategic concessions, reshaping how bilateral trade will be negotiated

Majority of the respondents said the domestic currency would appreciate to 88.5 against the dollar by end FY26

Shipments to US, China rose sharply in November

Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion

Factoring in only domestic inflation could lead to a shortfall

India's current account deficit narrowed sharply in Q2FY26 on lower trade gaps and strong remittances. But a spike in gold imports in October could push the Q3 deficit above 2.5 per cent of GDP

Exports to the United States also declined, dropping to $6.3 billion in October from $6.9 billion a year earlier

India cautiously renews economic engagement with Afghanistan, balancing humanitarian aid and trade ties without extending formal recognition to the Taliban regime

India's trade deficit hit an eight-month high in July as imports grew faster than exports; government eyes FTAs and export promotion to boost competitiveness

It should be noted that most developing countries that have sought to negotiate Mr Trump's threatened tariff rates downwards have had limited success

The NITI Aayog's proposal for Chinese companies to acquire stakes of up to 24 per cent would also balance investor interests with misgivings in Indian policy

Japan sank into a trade deficit of 2.2 trillion yen ($15 billion) for the first six month of this year, according to government data released Thursday, as exports were hit by President Donald Trump's tariffs. In June, Japan's exports slipped 0.5% from a year earlier after its shipments of vehicles and other products were slapped with a 25% tariff. Trump has postponed implementing that higher import duty until Aug. 1, to allow time for negotiations but so far no deal has been reached. Exports in June totaled nearly 9.2 trillion yen ($62 billion), in the second straight month of declines. Imports in June rose 0.2% to 9 trillion yen ($61 billion), the Finance Ministry said. That left a trade surplus of 153 billion yen (just over $1 billion). The trade deficit in May was 637.6 billion yen, or $4.4 billion. Japan's exports to the United States fell 11% in June, with auto exports plunging 25%. Shipments to China decreased by nearly 5%. Exports to Mexico, a major auto assembly hub for Nort

Indian exporters currently bear a 10 per cent baseline tariff, after the US administration temporarily paused the 26 per cent reciprocal tariff on India

A new foreign policy survey by the Observer Research Foundation finds most young respondents also wary of Chinese 'military coercion'

India posted a $13.5 billion current account surplus in Q4FY25, the first in three quarters, aided by strong services exports and a decline in primary income outflows