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India’s Trade Deficit Narrows to $18 Billion in November 2025.

Economy & Business | Dated: 19 Dec 2025

India's merchandise trade deficit narrowed to $18 billion in November 2025, down from $22 billion in the previous month, according to data from the Ministry of Commerce. The reduction was primarily driven by a decline in gold and petroleum imports, coupled with a steady performance in engineering and electronic exports.

🎯 Key Highlights:

  • Services exports continued to show resilience, registering a surplus of $14 billion.
  • Exports of electronic goods grew by 22% year-on-year, aided by the PLI scheme.
  • The narrowing deficit is expected to ease pressure on the Current Account Deficit (CAD) for Q3 FY26.

💡 Other Important Facts:

  • Data: Trade Deficit (Nov 2025).
  • Value: $18 Billion.
  • Positive Trend: Rise in Electronics Exports.

📚 Test Your Knowledge:

What was India's merchandise trade deficit recorded in November 2025?

Correct Answer: $18 Billion

🚀 Quick Recap:

About Ministry of Commerce

  • Minister – Piyush Goyal
  • Secretary – Sunil Barthwal