<ul><li>India’s trade deficit expanded to $21.54 billion in March, with merchandise exports growing by 0.7% and merchandise imports growing by 11.3%.</li><li>On a monthly basis, exports grew by 13.75%, while imports grew by 24.6%.</li><li>Overall exports for the full fiscal were at a record high of over $820 billion, with a growth of 5.5%.</li><li>The Ministry of Commerce is targeting $500 billion in trade with the US by 2030.</li></ul>

India’s Trade Deficit Widens To $21.5 Billion In March Amid Trump Tariff Jitters

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