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India's Trade Deficit Shrinks in June: A Surprising Turn with Strong Services Surplus

Jessica Bennett 15 Jul, 2025

India's merchandise trade deficit unexpectedly narrowed to $18.78 billion in June, below forecasts and May's figures, with a strong services surplus offsetting some of the decline.

Business

India's Trade Deficit Narrows to $20 Billion in June as Oil and Gold Imports Decline

Ryan Peterson 13 Jul, 2025

India's merchandise trade deficit narrowed to $20.7 billion in June 2025, aided by lower oil and gold imports. Strategic sourcing shifts and global oil price drops contributed to t...

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