New Delhi, Aug. 14 -- India's overall trade deficit (merchandise and services combined) widened to USD 11.72 billion in July 2025, up from USD 10.10 billion in the same month last year, driven by a sharper rise in imports than exports, according to the data released by the Commerce & Industry Ministry.
The data shows that the overall exports stood at USD 68.25 billion in July 2025, marking a growth from the same month of the previous year at USD 65.31 billion.
On the other hand, imports of the country grew at a faster pace, reaching USD 79.99 billion compared with USD 75.41 billion a year earlier.
The deficit figures come amid the uncertain global trade conditions and announcements of 50 per cent reciprocal tariffs announced by US Pres...
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