Amid global challenges, imports are increasing faster than exports, the country’s Goods Trade Deficit will reach $25.04 billion in December 2025.
Delhi. Due to sharp increase in imports compared to exports, the country’s merchandise trade deficit increased to $ 25.04 billion in December 2025. In December last year it was $20.63 billion. Data released by the Ministry of Commerce and Industry on Thursday showed that merchandise exports increased by 1.88 percent to $38.51 billion in December 2025. Whereas merchandise imports increased by 8.67 percent to $63.55 billion.
Services exports declined to $35.50 billion from $36.97 billion a year ago. Import of services also declined and stood at $17.38 billion as compared to $17.80 billion. Thus, total exports including services and goods stood at $74.01 billion and total imports stood at $80.94 billion. In this, exports have decreased on annual basis while imports have increased. The total trade deficit increased from $ 1.46 billion to $ 6.92 billion by December 2024.
Commerce Secretary Rajesh Aggarwal said on Thursday that the country’s merchandise exports increased by 1.87 percent to $38.5 billion in December last month. Imports increased to $63.55 billion in December 2025 from $58.43 billion in December 2024. The trade deficit in the month under review stood at US $ 25 billion.
Aggarwal said that despite global uncertainties, India’s exports are registering positive growth. He also said that in the current financial year 2025-26, the export of goods and services is estimated to be more than 850 billion dollars. Exports increased by 2.44 percent to US $ 330.29 billion during April-December in the current financial year 2025-26.
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