India’s Trade Gap Narrows As Exports Climb

India’s exports rose 6.7% to $35.1 billion in August, up from $32.89 billion last year. Imports declined 10.12% to $61.59 billion, compared to $68.53 billion in August 2024. Official data shows a shrinking trade deficit, supported by stronger export performance and reduced import volumes year-on-year, signaling improved external sector stability.