India's Exports Soar to 10-Year High in Nov 2025, Deficit Plummets

• India's merchandise exports in November 2025 surged by 19.37% to $38.13 billion, marking a 10-year record high for the month.
• Imports decreased by 1.88% to $62.66 billion, with gold imports falling by nearly 60% and reductions in crude oil and coal.
• The trade deficit significantly narrowed from $41.68 billion in October to $24.53 billion in November.
• Services exports also grew, reaching $35.86 billion in November 2025.

Why It Matters: India's record exports and reduced trade deficit show economic resilience.