India’s trade deficit hits $21.54 billion, exports rose $41.97 billion in March 2025
India's trade deficit was at $21.54 billion as of March 2025, while the exports for the nation rose marginally to $41.97 billion. The imports into India also rose 11.3% (YoY) as of the March data release.
New Delhi, Apr 15 (PTI) India's exports grew marginally by 0.7 per cent to USD 41.97 billion in March, while the trade deficit stood at USD 21.54 billion in the month, the latest government data showed on Tuesday.
Imports increased by 11.3 per cent year-on-year to USD 63.51 billion in March, according to the data released by the commerce ministry data.
Cumulatively, during the 2024-25 fiscal year (April-March), the country's exports moved up a tad by 0.08 per cent to USD 437.42 billion, while imports climbed by 6.62 per cent to USD 720.24 billion.
The country's overall exports of goods and services increased by 5.5 pc to USD 820.93 billion.
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