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flag India's trade deficit surged in March 2025, reaching $21.54 billion, due to higher imports.

flag India's trade deficit widened to $21.54 billion in March 2025, up from $14.05 billion in February, as imports rose 11.3% to $63.51 billion, outpacing a 0.7% increase in exports to $41.97 billion. flag Despite global challenges, India's total exports for the 2024-25 fiscal year reached a record $820.93 billion, with non-petroleum exports growing by 6% year-on-year. flag India aims to complete the first phase of its bilateral trade agreement with the US by fall 2025, amid growing global protectionism.

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