India recorded a trade deficit of $26.42 billion in April of 2025, widening from $19.1 billion from the corresponding period of the previous year to mark the sharpest gap since the record-high from November of 2024. Imports surged by 19.12% annually to $64.91 billion, despite the decline in...
India to take up trade deficit issue with China: SharmaPress Trust of India
MUMBAI, May 3 (Xinhua) -- India's trade deficit for April widened to 20.1 billion U.S. dollars from 15.3 billion dollars in the same month last year, official data showed on Tuesday. However, trade deficit declined marginally from 20.9 billion dollars reported in the preceding month of ...
Trade between India and China has been rising exponentially with a widening trade deficit for India, which has raised alarm by businesses, and some Indian parliamentarians have started accusing China for unfair trade practices. Nevertheless, both countries intend to negotiate for free trade ...
India posted a current account deficit of $11.5 billion in the three months to December of 2024, up from a revised $10.4 billion in the same period last year, though slightly below the $12 billion forecast. The merchandise trade deficit widened to $79.2 billion, compared to $71.6 billion ...
Fiscal Balance is calculated as the difference between income and spending during the reported period (excluding borrowed funds). When revenues exceed expenditure, a budget surplus is formed. Otherwise, there is a trade deficit. This actually means that the government spends more money than the mone...
Overall, India’s total trade deficit is expected to worsen in this fiscal year as its surplus with the United States falls due to higher tariffs imposed by the latter (figure 7). Since a higher trade deficit directly impacts GDP, we expect this impact to range between –0.1% and –0.3%...
Afghanistan's trade deficit remains at approximately 31% of GDP and is highly dependent on financing through grants and aid. While Afghan agricultural growth remains consistent, recent industrial and services growth have been enormously impacted by COVID-19 lockdowns and trade cessations. While trade...
Trade Deficit Concerns: India's trade deficits with FTA partners have consistently widened post-implementation. With ASEAN, the trade deficit increased from USD 5 billion in 2010 (when FTA was implemented) to over USD 43.57 billion in FY23. The India-Korea CEPA has seen a similar trend, ...
Trade balance analysis reveals that India had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. India export statistics show that the country's top 8 export partners in 2024 collectively ...