India trade deficit

How Bright Lights Of Diwali Hide A Dark Trade Truth Between India And China

Diwali 2025: Despite government campaigns promoting 'Make in India' and 'Buy Swadeshi', the majority of Diwali lights and accessories sold in Indian markets continue to be imported from China, further widening the trade deficit between the two nations.

Oct 19, 2025, 16:13 PM IST

Gold Fever Drains India’s Wallet: Trade Deficit Soars To Rs 2.5 Lakh Crore As Imports Explode

Rising gold demand during festivals and weddings pushes India’s trade gap to record levels.

Oct 14, 2025, 07:23 AM IST

Trump-Putin Summit Holds Key: US Threatens India With More Tariffs Over Russian Oil

US warns India of increased tariffs if Trump-Putin peace talks fail, citing India's Russian oil imports. A 50% tariff looms, threatening India-US trade relations and economy.

Aug 14, 2025, 16:07 PM IST

India’s exports up 37% to record USD 37.29 bn in Dec; trade deficit widens to USD 22 bn

Imports in December too rose by 38 per cent to USD 59.27 billion on account of an increase in oil imports, which soared 65.17 per cent to USD 15.9 billion, government data showed on Monday.

Jan 04, 2022, 08:51 AM IST

India’s trade deficit narrows to USD 9.96 bn, exports dip 9.07% in November 2020; Govt data

India is thus a net importer in November 2020, with a trade deficit of USD 9.96 billion, as compared to a trade deficit of USD 12.75 billion, an improvement by 21.93%.

Dec 02, 2020, 23:30 PM IST

India's exports decline 36.47% in May, trade deficit narrows to USD 3.15 bn amid COVID-19 crisis

Imports also plunged 51 per cent to USD 22.2 billion in May, leaving a trade deficit of USD 3.15 billion, compared to USD 15.36 billion in the same month previous year, according to the government statement. 

Jun 15, 2020, 20:33 PM IST

India's trade deficit narrows by 7.98% to $15.28 billion in June, exports falls by 9.71%

India's imports in June 2019 too fell 9.06 percent to USD 40.29 billion in June 2019 as compared to USD 44.30 billion in June 2018, data further showed.

Jul 16, 2019, 11:31 AM IST

India's exports up 2.44% in February; trade deficit narrows to $9.60 bn

Imports, however, fell 5.41 percent USD 36.26 billion.

Mar 15, 2019, 18:18 PM IST

Exports up 0.34% in Dec 2018; trade deficit narrows

The trade deficit stood at USD 14.2 billion in December 2017.

Jan 15, 2019, 18:26 PM IST

Exports grow by 17.86% in October due to base effect; trade deficit widens

The exports on monthly basis were down compared to USD 27.95 billion in September.

Nov 16, 2018, 10:56 AM IST

Gold imports up 4% to $17.63 billion in Apr-Sep 2018-19

Imports of the precious metal stood at USD 16.96 billion in April-September 2017-18 financial year, according to the commerce ministry data.

Oct 19, 2018, 13:46 PM IST

India's exports decline 2.15% in September

Imports, however, went up by 10.45 percent in September.

Oct 15, 2018, 17:31 PM IST

Exports up 19.21% in August; trade deficit at $17.4 billion

In July, trade deficit soared to a near five-year high of USD 18.02 billion.

Sep 12, 2018, 14:22 PM IST

Trade deficit greater concern than rupee, says Niti chief

The sharp surge in imports in July this year had led to worsening of India's trade deficit to 5-year high of USD 18.02 billion.

Aug 21, 2018, 17:51 PM IST

India's April trade deficit widens to $13.7 billion

Goods imports last month were $39.6 billion, a gain of 4.6 percent from a year ago, data from the commerce and industry ministry showed.

May 15, 2018, 18:11 PM IST

India's February gold imports plunge a quarter on subdued demand

Lower gold imports could also help the South Asian country reduce its trade deficit, which rose to the highest in more than 4-1/2 years in January.

Mar 07, 2018, 12:53 PM IST

Indian exports to China up by 40.69% in Jan-Aug period

India's exports to China increased by 40.69 percent year-on-year to reach USD 10.60 billion during the seven months.

Oct 06, 2017, 17:29 PM IST

India Vs China: A comparison of economic growth

Here is a comparison between Indian and Chinese economy

Sep 05, 2017, 13:41 PM IST

India has trade deficit with 27 countries for last 3 years: Nirmala Sitharaman

India has a trade deficit with as many as 27 major countries, including China, Australia, Iraq and Iran, during the last three years.

May 09, 2016, 18:47 PM IST

Trade deficit narrows to $10.4 billion in May

The country's gold imports were however increased by 10.4 percent to $2.42 billion in May this year.

Jun 16, 2015, 11:06 AM IST