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Trade Deficit Widens in March 2025 to $3.63 Billion
April 16, 2025
|The Daily Guardian
India's trade deficit increased sharply in March 2025 to USD 3.63 billion, as against USD 1.92 billion in the same month of 2024, according to government data released on Tuesday.
The trade deficit widened to USD 21.54 billion in March, up from a three-year low of USD 14.05 billion in February.
India's overall export (Merchandise & Services) showed steady growth in March 2025, with both exports and imports registering year-on-year increases, according to the government data released on Tuesday.
Official data shows that the total export, which combines merchandise and services, increased to USD 73.61 billion in March 2024, up from USD 71.71 billion in March 2024.
The growth reflects continued resilience in key sectors of the economy.
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