India Balance of Trade

Exports minus imports of goods each month.

−₹2.44tn

+₹360.2bn vs Jul 2026

Aug 2026 · Monthly data

Seasonally adjusted

Matches the latest releaseNot refreshed recently, awaiting the next release

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Balance of Trade

Jan 1990 to Aug 2026

Source: FRED series XTNTVA01INM667S · OECD merchandise trade, converted from US dollars to rupees at each period's own rate.

India Balance of Trade in context

Worked out from the published series shown above.

In India, the balance of trade fell by ₹117.4bn over the year to Aug 2026, from −₹2.32tn in Aug 2025.

Over the past five years it has ranged from −₹3.35tn in Oct 2025 to −₹768.91bn in Aug 2021.

How this series is defined

Everything you need to check the figure against the source.

Source
OECD via FRED
Series
XTNTVA01INM667S
Frequency
Monthly
Unit
₹m
Seasonal adjustment
Seasonally adjusted
Latest observation
Aug 2026
Revision status
Latest published estimate, subject to revision

India runs a persistent deficit, driven largely by oil and gold imports.

Data refreshed 2026-11-06. Figures are the latest published observations and can be revised.

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