India's trade gap: Merchandise deficit eases to $20 billion June; helped by falling oil, gold imports
Sunday, 13 July 2025 () India's merchandise trade gap saw a slight decrease to $20.7 billion in June 2025, primarily due to lower crude oil prices and reduced gold imports. Strategic sourcing, including increased oil purchases from Russia and the US, helped mitigate the impact of global commodity price fluctuations.
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India's goods exports remained flat at $35.1 billion in June, while imports decreased by 3.8% to $53.9 billion, narrowing the trade deficit to $18.8 billion. The... IndiaTimes
India's merchandise trade deficit narrowed to $18.78 billion in June, surpassing market forecasts and improving from May's figures, driven by decreased exports... IndiaTimes
Sunday, 13 July 2025 ()
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