Many people are happy about the reduction in the trade deficit, but the reality is that the reason behind India's trade deficit decreasing is that India has slightly reduced its imports of gold, silver, and crude this time.
1 replies3 likes
Mridul Das
Introvert! • 1m
📢 India's Trade Performance: Feb 2025 vs Feb 2024 🇮🇳📊 While total trade down by $4.5 billion but India achieved trade Surplus of $4.43 Billion 💵 which is huge 👏
🔹 Merchandise Trade
📉 Exports: $36.91B (-10.9% YoY from 2024)
📉 Imports: $50.96
🇮🇳 India's Joke of the Day: A calculation error crashed the stock market and the rupee exchange rate! 📉💸
Authorities reported a record trade deficit of $37.8 billion in November, triggering market panic. The rupee plummeted, and a sell-off hit t
See More
4 replies16 likes
Todays India level
Hey I am on Medial • 1y
Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B
India's Major Trade Partners – Total Trade (in $Billion).
1. China – $118.41 Billion🇨🇳 but $100b deficit 🔻🔻
2. United States – $118.29 Billion🇺🇲 $47b Surplus 🔥
3. United Arab Emirates – $83.65 Billion🇦🇪
4. Russia – $65.69 Billion🇷🇺
5.
In 2024–25, India’s total imports stood at $915.19 billion, with China accounting for the largest share at $126.96 billion.
During the same period, India recorded a trade deficit of $94.26 billion, widening from $78.39 billion in the previous year.
I
