India’s July trade deficit widens to $31.98 bn from $30.43 bn in June
Economic Times 1 hr ago·13 Aug 2026, 8:57 am
India's trade deficit for July widened to $31.98 billion, exceeding expectations, as imports surged faster than exports. While merchandise exports grew to $44.24 billion from $40.41 billion in June, imports rose to $76.22 billion from $70.84 billion, widening the gap.
This widening gap signals a higher demand for foreign goods, which can pressure the rupee and increase the cost of imported commodities like oil. For investors, it highlights the need to monitor the current account balance and the government's efforts to boost export competitiveness in the coming months.
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