India’s goods exports have declined for the third consecutive month in January, reaching $36.43 billion, a drop of 2.38% compared to the same month last year. This follows a widening of the merchandise trade deficit to $22.99 billion.

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• India’s goods exports shrank by 2.38% year-on-year to $36.43 billion in January.
• This marks the third consecutive month of declining exports.
• The merchandise trade deficit widened to $22.99 billion, up from $16.56 billion in January last year.
• The trade deficit increased further compared to $21.94 billion in December 2024.
• The decrease in exports reflects a slowdown in global demand and economic conditions.
• The widening trade deficit adds pressure on India’s current account balance.
• January’s export figures indicate challenges in key export sectors.
• The export decline comes amid a global economic slowdown and trade uncertainties.
• India’s government is expected to focus on measures to boost exports in the coming months.
• The trend of declining exports has raised concerns about India’s trade performance.