Exports rise 7.29 pc to $37.24 bn in July; trade deficit widens to 8-month high of $27.35 bn

New Delhi: Snapping the two-month declining streak, India's exports rebounded by 7.29 per cent to $37.24 billion in July, while trade deficit widened to an eight-month high of $27.35 billion during the month.

Official data released on Thursday also showed that imports increased by 8.6 per cent year-on-year to $64.59 billion in July 2025.

Trade deficit widened to $27.35 billion in July, the highest since November last year when the trade gap was $31.77 billion.

During April-July 2025-26, exports increased by 3.07 per cent to $149.2 billion, while imports rose 5.36 per cent to $244.01 billion.

The trade deficit during the first four months of 2025-26 was $94.81 billion.

Briefing media on the data, Commerce Secretary Sunil Barthwal said that despite global economic uncertainties, India's goods and services exports are doing well.

Exports have grown substantially, much higher than the global exports growth, he said.

The main sectors that pushed the growth include engineering, electronics, gems and jewellery, pharma and chemicals.