New Delhi, Jan. 16 -- India's total exports, including goods and services, were estimated at USD 74.01 billion in December 2025, a marginal decline of 1.01 per cent compared with the same month last year, according to provisional data released by the Ministry of Commerce and Industry.

Total imports rose 6.17 per cent year-on-year to USD 80.94 billion, resulting in a trade deficit of USD 6.92 billion for the month.

Merchandise and Services Performance

Merchandise exports increased to USD 38.51 billion in December 2025 from USD 37.80 billion a year earlier, while merchandise imports rose sharply to USD 63.55 billion from USD 58.43 billion.

Services exports were estimated at USD 35.50 billion, lower than USD 36.97 billion in December 202...