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Exports rise 7.29% to $37.24 bn in July; trade deficit at $27.35 bn

Trade deficit widened to $27.35 billion in July, the highest since November last year when the trade gap was $31.77 billion

exporters, trade, tariff

The main sectors that pushed the growth include engineering, electronics, gems and jewellery, pharma and chemicals.

Press Trust of India New Delhi

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Snapping the two-month declining streak, India's exports rebounded by 7.29 per cent to $37.24 billion in July, while trade deficit widened to an eight-month high of $27.35 billion during the month.
 
Official data released on Thursday also showed that imports increased by 8.6 per cent year-on-year to $64.59 billion in July 2025.
 
Trade deficit widened to $27.35 billion in July, the highest since November last year when the trade gap was $31.77 billion.
 
During April-July 2025-26, exports increased by 3.07 per cent to $149.2 billion, while imports rose 5.36 per cent to $244.01 billion.  ALSO READ: India moving fast towards becoming the world's third-major economy: PM Modi
 
The trade deficit during the first four months of 2025-26 was $94.81 billion.
 
Briefing media on the data, Commerce Secretary Sunil Barthwal said that despite global economic uncertainties, India's goods and services exports are doing well.
 
Exports have grown substantially, much higher than the global exports growth, he said.
 
The main sectors that pushed the growth include engineering, electronics, gems and jewellery, pharma and chemicals.

 

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 14 2025 | 4:08 PM IST

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