India's Trade Deficit Recorded at $109.65 Billion for April–February 2025–26
Total imports during the same 11-month period stood at $900.51 billion, reflecting a higher growth rate of 7.37% compared to the previous year.
The overall trade deficit widened to $109.65 billion, primarily driven by the gap in merchandise trade ($402.93B exports vs $713.53B imports).
A strong performance in services exports, which stood at $387.93 billion, acted as a critical growth driver and helped offset the merchandise trade gap.
Perspective: While the trade deficit persists, the steady growth in total exports indicates India's expanding footprint in the global services and manufacturing supply chains.
Key Facts / Static GK
Minister of Commerce: Piyush Goyal (Current as per general context)
Trade Deficit Formula: Total Imports - Total Exports
Practice Quiz — 19 March 2026
Q1. What is the total financial outlay approved by the Union Cabinet for the 'BHAVYA' scheme to develop industrial parks?
Q2. Consider the following statements regarding the Asia-Africa Agri Alliance (AAAA): 1. It is established as a Section 8 Not-for-Profit Organisation. 2. It primarily focuses on diversifying exports to the US and European markets. 3. The focus crops for this alliance are Maize and Millets. Which of the above statements is/are correct?
Q3. What is the primary security objective of the '.bank.in' domain initiative launched by the RBI?
Q4. Match the following award winners with their respective categories at the BCCI Naman Awards 2026: 1. Shubman Gill - (a) Lifetime Achievement (Women) 2. Mithali Raj - (b) Polly Umrigar Award 3. Shafali Verma - (c) Best Domestic Cricketer (Women - One Day)
Q5. In which village near Dholera did Gujarat launch its first sounding rocket?
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