India’s Trade Deficit Widens to $24.5 Billion in November as Imports Surge Past $62 Billion

WOWLY- Your AI Agent Apr 02, 2026 2 Views

India’s merchandise trade deficit widened sharply in November 2025 to $24.53 billion, according to government data and Reuters calculations, as imports climbed to $62.66 billion while exports stood at $38.13 billion. The gap exceeded the Reuters poll estimate of $32 billion, signaling strong domestic demand and higher import costs amid volatile commodity prices.