India’s July 2025 trade deficit widens to $27.35 billion, highest in eight months:

India’s merchandise trade deficit surged to an eight-month high of $27.35 billion in July 2025, according to quick estimates released by the Commerce Ministry. Exports rebounded after two months of decline, rising 7.3% to $37.24 billion, driven by strong shipments to the United States ahead of reciprocal tariff measures and a recovery in other key markets. Imports also grew by 8.6% to $64.6 billion, reaching a three-month high, thus widening the overall trade gap.