Archive · 26 Aug 2026
India’s $214 Billion Non-Petroleum Trade Deficit Challenges Make in India
India bought more goods from other countries than it sold abroad in 2025-26.
This difference is called a trade deficit.
India’s total deficit was $334 billion.
Oil and petroleum products made up $120 billion of it.
Other goods created a larger deficit of $214 billion.
Electronics were the biggest part of this non-petroleum gap.
India assembles phones, but it still imports many important parts.
Integrated circuits alone accounted for $30 billion in net imports.
This shows that making products in India can still depend heavily on imported components.
India’s total trade deficit reached $334 billion in 2025-26.
Petroleum accounted for $120 billion of the total deficit.
Non-petroleum goods contributed $214 billion, nearly twice the petroleum deficit.
Electronics drove nearly $69 billion of the non-petroleum deficit.
Integrated circuits alone generated $30 billion in net imports despite domestic phone assembly.
- Who
- India and its goods-producing industries, especially electronics.
- What
- India recorded a $334 billion total trade deficit, including a $214 billion non-petroleum deficit.
- When
- In 2025-26.
- Where
- India’s international trade.
- Why
- Electronics and imported components, including integrated circuits, semiconductors, and electric accumulators, increased the non-petroleum deficit.
- Total trade deficit
- $334 billion in 2025-26
- Petroleum deficit
- $120 billion
- Non-petroleum deficit
- $214 billion
- Largest non-oil contributor
- Electronics, at nearly $69 billion
- Electronics share of total deficit
- 20%
- Electronics share of non-petroleum deficit
- 32%
- Integrated-circuit net imports
- $30 billion