Inde Balance Commerciale

The merchandise trade deficit in India was $21.94 billion in December of 2024, widening from the $19.8 billion in the corresponding period of the previous year, but below market expectations of a sharper $27.3 billion deficit. Imports grew by $1.7 billion to $59.95 billion in the period, aligned with the elevated level of rupee selling reported by exchanges as the currency extends record lows. In turn, exports eased by $0.4 billion to $38 billion.