India’s trade deficit expanded to $26.42 billion in April as compared to $21.54 billion in March, according to data from the Ministry of Commerce and Industry on Thursday.
Merchandise exports grew 9% annually to $38.49 billion in April, while merchandise imports grew 19% annually to $64.91 billion. On a monthly basis, while merchandise exports fell by 8.2% compared to March 2025, imports grew by 2.2%.
“We opened FY26 with a bang,” Commerce secretary Sunil Barthwal said, adding that India would maintain this export momentum. “FY26 should be a good year for us despite all the external factors we face.”
Several free trade agreements are expected to be concluded soon by the ministry, with the government working on New Zealand and the EU FTA actively currently.
. Read more on Economy & Finance by NDTV Profit.Several free trade agreements are expected to be concluded soon by the commerce ministry. Read MoreEconomy & Finance, Business, Notifications
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