India's trade deficit halved in June 2025, driven by a surge in exports to $67.98 billion.

In June 2025, India's trade deficit narrowed to USD 3.51 billion, down from USD 7.30 billion in June 2024, due to a 6.5% increase in exports to USD 67.98 billion, outpacing a marginal rise in imports to USD 71.50 billion. The improvement in export performance is attributed to strong global demand and robust services sector growth, with the government aiming for USD 1 trillion in exports by 2026.