India’s Trade Deficit Widens as Machinery and Chemicals Drive Import Growth
Imports reached USD 76 billion in July 2026, with machinery & electronics up 32%, adding to a widening trade imbalance
Imports reached USD 76 billion in July 2026, with machinery & electronics up 32%, adding to a widening trade imbalance
With commodity exports down from 2021, faster growth in machinery, electronics and transport imports has narrowed Australia’s trade surplus.