Due to increase in exports, India’s merchandise trade deficit i.e. trade deficit decreased to $ 14.05 billion (Rs 1.21 lakh crore) in February 2025. Last month in January it was $ 22.99 billion (Rs 1.99 lakh crore). This deficit is the lowest since August 2021. Merchandise exports stood at Rs 3.20 lakh crore in February. It was Rs 3.16 lakh crore in January. There has been an increase of 1.25% in this. Imports in the country decreased by 13.59% Talking about imports, India’s imports stood at Rs 4.42 lakh crore in February. This is Rs 73,000 crore less than in January. Last month, India had imports worth Rs 5.15 lakh crore. What is trade deficit? When during a certain time period the country’s imports, i.e. the value of goods imported from abroad, exceeds the country’s exports, i.e. the value of goods sent outside the country, in such a situation more of India’s money goes abroad, this situation is called trade deficit. It is also called negative balance of trade. In other words, when a country buys more than it sells, it is called trade deficit.
