Debasis Mohapatra
Bengaluru, 18 Nov 2025
Rising gold imports drove India’s trade deficit higher in October as good trade deficit touched a record high.
Here is a snapshot:
- Goods Trade:
Merchandise Trade during October 2025
2) Good Trade during April-October, 2025
Merchandise Trade during April-October 2025
3) Services trade in October, 2025
4) Total Trade during April-October, 2025
Total Trade during April-October 2025*
5) Trade data in tabular form:
| Type | Particulars | October 2025 (US$ Billion) | October 2024 (US$ Billion) |
| Merchandise | Exports | 34.38 | 38.98 |
| Imports | 76.06 | 65.21 | |
| Services* | Exports | 38.52 | 34.41 |
| Imports | 18.64 | 17.23 | |
| Total Trade (Merchandise +Services) * | Exports | 72.89 | 73.39 |
| Imports | 94.70 | 82.44 | |
| Trade Balance | -21.80 | -9.05 |
(Source: PIB, Govt of India)
