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Exports rise 6.7% to $35.1 bn, trade deficit shrinks to $26.49 bn in Aug
Millennium Post Delhi
|New Delhi 16September2025
Imports declined 10.12 per cent to $61.59 billion, according to govt data
India’s exports rose 6.7 per cent to $35.1 billion in August annually, while imports declined 10.12 per cent to $61.59 billion, according to government data released on Monday.
Gold imports were down nearly 56 per cent in August, helping to trim merchandise trade deficit to $26.49 billion in August, as against $35.64 billion in the year-ago month.
The US was top exporting destination for India at $6.86 billion showing a growth of 7.15 per cent year-on-year, followed by the UAE ($3.24 billion), the Netherland ($1.83 billion), China ($1.21 billion) and the UK (1.14 billion) during August.
Trade tensions have been simmering between India and the US, with the latter slapping steep tariffs on Indian goods.
This story is from the New Delhi 16September2025 edition of Millennium Post Delhi.
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