Archive · 19 May 2025
India's April Trade Deficit Widens to $8.65 Billion
In April, India's trade situation changed.
The total trade gap, counting goods and services, grew larger to $8.65 billion.
This happened because the country bought more goods from other countries (imports) than it sold (exports).
However, the services sector, like tech and consulting, did well, bringing in more money than it spent.
Overall exports for the year reached a record high.
Specifically, exports of items such as tobacco, coffee, and electronics experienced strong growth.
India's total trade deficit widened to $8.65 billion in April.
Merchandise exports increased by 9% to $38.49 billion in April 2025.
Merchandise imports increased by 19.1% to $64.91 billion in April 2025.
Services exports grew 17% to $35.31 billion in April 2025.
Services imports increased by 4.6% to $17.54 billion, resulting in a surplus of $17.77 billion.
- Who
- Ministry of Commerce and Industry
- What
- India's total trade deficit widened to $8.65 billion in April, driven by a widening merchandise trade deficit, partially offset by a services surplus.
- When
- April 2025
- Where
- India
- Why
- The trade deficit widened due to faster import growth compared to export growth in merchandise, though the services sector helped offset some of the imbalance.
- Total Trade Deficit
- $8.65 billion
- Merchandise Exports (April 2025)
- $38.49 billion
- Merchandise Imports (April 2025)
- $64.91 billion
- Services Exports (April 2025)
- $35.31 billion
- Services Imports (April 2025)
- $17.54 billion
- Services Trade Surplus
- $17.77 billion
- Total Exports 2024-25
- $824.9 billion
