India's Trade Gap with US Narrows Amid Push for Tariff Deal

India's trade gap with US narrows amid push for tariff deal

BENGALURU -- India's trade gap with the U.S. narrowed in June on account of a surge in imports, according to data released Tuesday, as New Delhi works

India's trade deficit narrows sharply to USD 3.51 bn from USD 7.30 bn in June 2025 (YoY) - ChiniMandi

New Delhi [India]: India’s overall trade deficit (merchandise and services) narrowed significantly to USD 3.51 billion in June 2025, down from USD 7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday. The decline in the trade deficit reflects stronger export performance, aided by resilient demand in key global markets and robust service sector growth. The data suggests that overall exp…

India's trade deficit narrows sharply to USD 3.51 bn from USD 7.30 bn

India's overall trade deficit (merchandise and services) narrowed significantly to USD 3.51 billion in June 2025, down from USD 7.30 billion in June 2024, as exports outpaced imports on a year-on-year basis, government data showed on Tuesday.