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Goods trade deficit surges to record $41.7 bn on precious metal imports
November 18, 2025
|The Morning Standard
Goods trade deficit surges to record $41.7 bn on precious metal imports
INDIA's merchandise trade deficit widened to a record high of $41.68 billion in October on the back of surge in imports of precious metals like gold and silver and fall in petroleum exports, the data released by the commerce ministry revealed on Monday.
Overall trade deficit widened to a $21.80 billion in October. The sudden surge in the imports of the precious metals has been primarily attributed to pent-up demand, festive buying and industrial requirements.
هذه القصة من طبعة November 18, 2025 من The Morning Standard.
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