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
India's merchandise trade exceeded USD 1.2 trillion in 2025, with exports remaining resilient and imports continuing to expand through 2026
India’s trade deficit widened to a record USD 41.7 billion in October 2025, driven by a sharp jump in gold imports to USD 14.7 billion.