Trade deficit narrows! November deficit drops to $24.53 billion compared to $41.68 billion in October; check details

India's merchandise trade deficit narrowed significantly to $24.53 billion in November, driven by reduced imports of gold, oil, and coal. This decline exceeded analyst expectations and comes as India implements measures to counter US tariffs and seeks concessions on key exports.

PNSPNS
Dec 15, 2025 - 16:36
 0
Trade deficit narrows! November deficit drops to $24.53 billion compared to $41.68 billion in October; check details
India's merchandise trade deficit narrowed significantly to $24.53 billion in November, driven by reduced imports of gold, oil, and coal. This decline exceeded analyst expectations and comes as India implements measures to counter US tariffs and seeks concessions on key exports.

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