
India's merchandise exports rose 1.87% to USD 38.5 billion in December 2025 despite global uncertainties and US tariffs, while imports increased 8.7% to USD 63.55 billion, widening the trade deficit marginally to USD 25.04 billion. Key export sectors included engineering, electronics, marine, and pharmaceuticals. Exports to the US, China, and UAE showed steady growth, with exports to China surging 67.35%. Cumulatively, April-December exports grew 2.44% to USD 330.29 billion. Total exports of goods and services are projected to exceed USD 850 billion in FY 2025-26 amid ongoing trade negotiations and diversification efforts.
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