Gold Import Spike Pushes India’s Trade Deficit to All-Time High
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.
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.
Of China’s USD 3.6 trillion in exports in 2024, these were the top five export categories and products—and the largest buyers for each.
Asia remains China’s main export destination, though its share has eased slightly.
Metals, agricultural goods and food products led export gains, while food, textiles and manufactured inputs rose fastest on the import side.
ANDAMAN PARTNERS presents an overview of the maritime arteries through which much of the world’s energy and trade flows.
Asia’s share of global imports is dominant across key industrial commodities, with China driving regional demand and shaping global supply chains.
ANDAMAN PARTNERS examines China's role in global resources, which is complex, comprehensive and consequential.
The implications of India’s rise will be substantial and complex, and global businesses must take note of opportunities to leverage the unfolding Indian Century.
Global trade is a mirror reflection of trade surplus economies supplying raw materials and goods, and trade deficit economies absorbing them to drive growth and consumption.
ANDAMAN PARTNERS examines the rapid increase in China's exports to Africa in the first half of 2025.