India's Trade Balance Deteriorates: Exports Drop 11.8% While Imports Surge 16.6% in October

Nov 17, 2025 06:40 pm CST

India's trade deficit expanded to USD 41.68 billion in October as exports fell 11.8% to USD 34.38 billion while imports surged 16.63% to USD 76.06 billion. Gold imports tripled to USD 14.72 billion, contributing significantly to the imbalance. Despite this monthly setback, April-October exports maintained a slight growth of 0.63% while imports rose 6.37%.