India's Exports Surge Amidst Rising Trade Deficit

India witnessed a 7.29% rise in exports, reaching USD 37.24 billion in July, with a trade deficit of USD 27.35 billion. Imports grew by 8.6%. For April-July 2025-26, exports rose 3.07% to USD 149.2 billion while imports increased by 5.36% to USD 244.01 billion.

In a significant economic development, India's exports in July surged by 7.29% compared to the previous year, totaling USD 37.24 billion, according to official data revealed on Thursday.

Simultaneously, the trade deficit for the month was reported at USD 27.35 billion, indicating a substantial gap between exports and imports.

Year-on-year import figures also showed an increase of 8.6%, with imports standing at USD 64.59 billion, reflecting the country's growing demand for foreign goods.