Trade deficit falls to $6.6 bn. in Nov. due to merchandise export growth, Pg1

Key Highlights:

• India's trade deficit decreased by over 61% to $6.6 billion in November 2025.
• Total exports increased by 15.5% to $74 billion, while total imports decreased by 0.6% to $80.6 billion.
• Merchandise exports grew by 19.4% to $38.1 billion in November 2025.
• Exports to the U.S. increased by 22.6% to $6.98 billion compared to November 2024.
• Gold imports decreased by nearly 60% to $4 billion compared to November 2024.

Detailed Insights:

• The growth in merchandise exports in November 2025 is the highest in the last 10 years for the same month.
• The reduction in the trade deficit was influenced by a significant decrease in gold imports, which fell by nearly 73% compared to October 2025.
• Increased exports to the U.S. indicate strengthening trade relations between India and the U.S.
• The Ministry of Commerce and Industry released the data, highlighting positive trends in export performance.

Key Concepts Involved:

• Trade Deficit: The amount by which the cost of a country's imports exceeds the value of its exports.
• Merchandise Exports: Tangible goods that are sold and transported to another country.
• Merchandise Imports: Tangible goods that are bought and transported from another country.