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India’s FY25 trade surplus with US grows, deficit with China widens

India’s trade dynamics reveal a shifting landscape, with the US emerging as a key partner, marked by increased exports and a growing trade surplus. Conversely, the trade deficit with China has widened significantly due to decreased exports, particularly in ore, and a surge in imports. This reflects changing global trade patterns and India’s evolving export destinations. India’s trade dynamics reveal a shifting landscape, with the US emerging as a key partner, marked by increased exports and a growing trade surplus. Conversely, the trade deficit with China has widened significantly due to decreased exports, particularly in ore, and a surge in imports. This reflects changing global trade patterns and India’s evolving export destinations.
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