FX.co ★ India Trade Deficit Narrows for 1st Time in 3 Months

In June 2025, India reported a trade deficit of $18.8 billion, marking a decrease from the $21 billion deficit recorded in the same month of the previous year. This development interrupted a trend of three months of consecutive trade deficit increases. The result was below the anticipated expansion to $22.2 billion. Imports fell by 4% year-on-year to $53.9 billion, likely influenced by declining oil import volumes attributed to reduced global prices. Meanwhile, exports remained relatively stable at $34.1 billion.