India's Trade Deficit Hits $25 Billion in December; Exports Up 2%

• India's trade deficit reached $25 billion in December 2025, with merchandise exports growing by 1.87% to $38.5 billion.
• Imports increased to $63.55 billion in December 2025, up from $58.43 billion in December 2024.
• Commerce Secretary Rajesh Agarwal projects total goods and services exports to exceed $850 billion in FY26.
• Exports to China rose by $5.5 billion in 2025, reaching $19.75 billion, a 9.7% increase.
• The trade deficit with China hit a record $116.12 billion in 2025, marking the second time it surpassed $100 billion.

Why It Matters: India's trade deficit widened to $25 billion in December, driven by higher imports despite export growth.