Inde Balance Commerciale

India recorded a trade deficit of $21.54 billion in March of 2025, widening from the $15.6 billion gap in the corresponding period of the previous year. Imports surged by 11.4% annually to $63.51 billion, the highest ever for the month, despite the relatively low price of fuel that makes up a large portion of India's foreign purchases. In the meantime, exports rose by a much-softer 0.7% to $41.97 billion, even though Asian economies were rushing to expedite foreign sales before the US President Trump followed through with the threat of aggressive reciprocal tariffs.