New Delhi19 minutes ago
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In March, the merchandise exports rose 0.7% to $ 41.97 billion (Rs 3.60 lakh crore) on an annual basis.
India’s merchandise trade deficit i.e. trade deficit has increased to 21.54 billion (Rs 1.84 lakh crore) due to increase in imports in March 2025. This is 34% higher than the previous month.
The trade deficit in February was $ 14.05 billion (Rs 1.21 lakh crore). At the same time, the merchandise exports have increased by 0.7% to $ 41.97 billion (Rs 3.60 lakh crore) in March.
Import 11.4% in the country
Talking about imports, India’s import in March stood at $ 63.51 billion to Rs 5.44 lakh crore. This is 1.02 lakh crores more than in February. Last month, Rs 4.42 lakh crore was imported in India.
Trade deficit was the lowest in 3 years in February
The trade deficit had come down to $ 14.05 billion (Rs 1.21 lakh crore) in February 2025. This deficit was the lowest since August 2021. Merchandise Export was Rs 3.20 lakh crore in February. It was Rs 3.16 lakh crore in January. It increased by 1.25%.
Talking about import in February, it was 13.59% less than in January. India’s import was Rs 4.42 lakh crore in February. This was Rs 73,000 crore less than in January. In January, India was imported Rs 5.15 lakh crore.
In February, the import in the country was reduced by 13.59%.
What is a trade deficit?
When during a certain time period, the value of the country’s import, that is, the export of goods from abroad, is more than the value of goods sent outside the country.
In such a situation, India’s money goes more abroad, this situation is called trade deficit or trade deficit. It is also called Negative Balance of Trade. In other words, when a country buys more than selling, it is called a trade deficit.