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India Trade

Indian Trade Deficit Widens

India's trade deficit shrunk again after having widened in July to $18.5 billion. The situation unfolded as high import prices driven by inflation met dwindling demand for Indian exports from major buyers like the U.S., which is battling economic problems. The deficit has been increasing significantly since May, as data by the

As the dollar has been strengthening against global currencies - aided by early and decisive action of the U.S. Fed to reign in inflation -, an unfavorable further contributed to Indians foreign trade pains. Other factors driving up spending on trade included much higher fossil fuel imports, including many shipments of oil from Russia, as well as elevated gold buying, which has now been reigned in by a

Description

This chart shows the monthly overall trade deficit in India (in billion U.S. dollars).

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India-China's trade deficit 2015-2025
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Economies with the highest goods trade deficit worldwide in 2025
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International trade tax rate as a share of revenue in South Korea 1972-2023
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Total trade deficit of the U.S. 1975-2025
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Total bilateral trade value between India and China 2016-2024
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Value of imports to India FY 2025, by origin country

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