India’s Trade Deficit Shrank in April-July 2025

• India’s trade deficit shrank 3.7% to $31.3 billion in the 2025-26 financial year.

• The increase was attributed to faster growth in exports than imports.

• India’s overall exports, including both merchandise and services, stood at $277.6 billion in April-July 2025, a 5.2% increase from April-July 2024.

• Total imports grew a slower 4.2% to $308.9 billion.

• Despite uncertain global policy environment, India’s goods and services exports grew substantially faster than global growth levels.

• Merchandise exports grew 3.1% to $149.2 billion, while imports grew 5.4% to $244 billion.

• Non-petroleum merchandise exports grew 7.7% to $127.5 billion in April-July 2025.

• Service exports grew 7.9% to $128.4 billion, while service imports remained flat at $64.9 billion.

Shrinking Trade Deficit India is important topic for Civil service exam (WBCS).

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