gold imports
India Reports Export Recovery in November Following October Decline: Commerce Minister Goyal Reveals Trade Resilience
Dec 04, 2025 03:08 am CST
Commerce Minister Piyush Goyal announces significant export growth in November, offsetting October's 12% decline. Despite global economic challenges, India maintains positive trade momentum while pursuing multiple free trade agreements with international partners. The country's economy shows strength with 8.2% Q2 growth, though the rupee reaches historic low against US dollar.
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%.