Data Insights

Overall, India's trade values showed a mixed performance in the analyzed period. Month-on-month, exports increased significantly while imports decreased sharply, leading to a net positive trade flow. However, year-on-year comparisons indicate a decline in both exports and imports, suggesting potential challenges in the trade landscape. The total trade flow for exports was 38.92 billion USD, while imports totaled 59.59 billion USD, indicating a trade deficit.

In the month-on-month analysis, India's total exports increased by 2.31 billion USD, reflecting a growth of approximately 6.30%. The top three countries contributing to this increase were Singapore (1.65 billion USD), the United States (1.13 billion USD), and Malaysia (487.18 million USD). Conversely, imports saw a decline of 4.13 billion USD, a decrease of about 6.47%. The most significant drops in imports were from the United Arab Emirates (-2.12 billion USD), Switzerland (-1.94 billion USD), and the United Kingdom (-983.46 million USD).

On a year-on-year basis, total exports decreased by 3.05 billion USD, which is a decline of approximately 7.27%. The top contributors to this decline were the United States (-2.13 billion USD), the United Arab Emirates (-2.1 billion USD), and the Netherlands (-918.94 million USD). Imports also experienced a decrease of 3.92 billion USD, a drop of about 6.18%. The most significant declines in imports were from the United Arab Emirates (-5.09 billion USD), Iraq (-1.77 billion USD), and Russia (-1.31 billion USD).

Overall, India's trade dynamics show a significant increase in imports year-on-year, with a total increase of 12.75 billion USD, while exports have slightly decreased by 204.48 million USD. Month-on-month, imports have decreased sharply by 7.49 billion USD, while exports have seen a marginal increase. The trade balance indicates a strong reliance on imports, particularly from China and the United States, while exports are facing challenges, particularly to the United States and the UAE.

In the month-on-month analysis, India's total imports decreased by approximately 7.49 billion USD, reflecting a decline of about 10.52%. The top five countries contributing to the highest import values were Russia (3.34 billion USD), Peru (1.16 billion USD), and Sri Lanka (264.37 million USD), with significant increases in trade values of 473.64 million USD, 184.81 million USD, and 149.67 million USD respectively. Conversely, the lowest values were from the United Arab Emirates (4.71 billion USD), Switzerland (2.71 billion USD), and China (11.38 billion USD), showing declines of 2.34 billion USD, 1.24 billion USD, and 849.29 million USD respectively. Exports saw a slight increase of 65.55 million USD, or 0.18%, with Hong Kong (993.62 million USD), the United States (6.89 billion USD), and Togo (340.87 million USD) leading the gains. The lowest performing exports were to the United Arab Emirates (3.26 billion USD), Singapore (646.68 million USD), and Australia (516.84 million USD), with declines of 703.39 million USD, 250.02 million USD, and 99.35 million USD respectively.

Year-on-year, total imports increased by 12.75 billion USD, or 25.01%, indicating a robust growth trend. The highest increases were from China (11.38 billion USD), Switzerland (2.71 billion USD), and the United States (4.48 billion USD), with respective increases of 2.66 billion USD, 2.38 billion USD, and 1.43 billion USD. On the other hand, the lowest performing imports were from Ireland (141.14 million USD), Russia (3.34 billion USD), and the United Arab Emirates (4.71 billion USD), with declines of 606.59 million USD, 519.81 million USD, and 503.07 million USD respectively. Exports, however, saw a slight decrease of 204.48 million USD, or 0.55%. The top increases in exports were from China (1.67 billion USD), Hong Kong (993.62 million USD), and Vietnam (584.87 million USD), with increases of 409.11 million USD, 241.7 million USD, and 193.56 million USD respectively. The lowest performing exports were to the United States (6.89 billion USD), the Netherlands (1.3 billion USD), and Australia (516.84 million USD), with declines of 1.02 billion USD, 592.82 million USD, and 291.43 million USD respectively.

Overall, the total trade value for imports reached 71.21B USD, reflecting a month-on-month increase of 7.66B USD (12.05%) and a year-on-year increase of 11.77B USD (19.81%). Exports totaled 36.54B USD, showing a month-on-month decrease of 1.93B USD (-5.02%) but a slight year-on-year increase of 158.42M USD (0.004%). The trade balance indicates a significant increase in imports, while exports have shown a decline in the recent month, suggesting a shift in trade dynamics.

In the month-on-month analysis, imports from Switzerland saw the highest increase with a trade value of 3.95B, reflecting a significant rise of 3.36B (5.68%). The United Arab Emirates followed with a trade value of 7.05B, increasing by 2.11B (0.43%). The United Kingdom also showed a notable increase with a trade value of 1.9B, up by 1.21B (1.76%). On the lower end, imports from Russia decreased to 2.86B, down by 1.3B (-0.31%). Iraq's imports fell to 1.99B, a decrease of 479.56M (-0.19%). Germany also saw a decline, with imports dropping to 1.47B, down by 452.55M (-0.24%). For exports, the United Arab Emirates led with a trade value of 3.96B, increasing by 511.74M (0.15%). Italy followed with 799.4M, up by 95.03M (0.13%). Japan also increased exports to 570.37M, up by 91.19M (0.19%). On the downside, exports to China decreased to 1.63B, down by 413.23M (-0.20%). Malaysia's exports fell to 535.52M, down by 380.1M (-0.42%). The United States saw a slight decline in exports to 6.6B, down by 289.27M (-0.04%).

In the year-on-year analysis, imports from Switzerland increased significantly to 3.95B, up by 3.53B (8.35%). The United Arab Emirates also saw a rise to 7.05B, increasing by 2.3B (0.48%). China’s imports rose to 12.23B, up by 1.75B (0.17%). Conversely, imports from Russia decreased to 2.86B, down by 1.96B (-0.41%). Ireland's imports fell to 134.91M, down by 671.76M (-0.83%). Iraq's imports also decreased to 1.99B, down by 423.29M (-0.18%). For exports, the United Arab Emirates led with 3.96B, increasing by 886.77M (0.29%). China followed with 1.63B, up by 581.06M (0.55%). Hong Kong's exports increased to 646.82M, up by 320.94M (0.98%). On the downside, exports to the United States decreased to 6.6B, down by 1.85B (-0.22%). Bangladesh's exports fell to 841.92M, down by 228.97M (-0.21%). South Africa's exports also decreased to 510.28M, down by 123.58M (-0.19%).

The analysis of trade values for India in 202512 indicates a positive trend in both imports and exports. Month-on-month, total imports increased by 884.73M USD (1.41%) to reach 63.55B USD, while exports rose by 364.72M USD (0.96%) to 38.48B USD. Year-on-year, imports grew by 5.28B USD (9.07%), and exports increased by 533.31M USD (1.41%). The overall trade flow reflects a healthy growth trajectory, particularly in imports from China and exports to China and the UAE.

In the month-on-month analysis, imports from China saw a significant increase of 1.41B USD, representing a 13.74% rise. Iraq also showed a strong performance with an increase of 820.83M USD (49.92%). The United Arab Emirates contributed 680.01M USD (15.98%) to the import values. On the downside, imports from the United States decreased by 1.23B USD (-23.32%), while Thailand and Russia saw declines of 785.65M USD (-44.79%) and 679.55M USD (-14.03%) respectively. In exports, the Netherlands led with an increase of 405.38M USD (40.27%), followed by Malaysia with 392.56M USD (75.05%). Togo's exports surged by 161.1M USD (126.10%). Conversely, Spain's exports fell by 225.09M USD (-25.19%), Bahrain by 178.82M USD (-75.28%), and Sri Lanka by 173.73M USD (-29.89%). Overall, total imports increased by 884.73M USD (1.41%) while exports rose by 364.72M USD (0.96%).

In the year-on-year analysis, imports from China increased by 1.95B USD (19.99%), with Ghana showing a remarkable rise of 619.96M USD (557.12%). Saudi Arabia's imports grew by 584.55M USD (28.84%). On the contrary, imports from Switzerland decreased by 975.01M USD (-62.21%), Thailand by 353.08M USD (-26.72%), and Ireland by 299.52M USD (-64.39%). In exports, China again led with an increase of 822.08M USD (67.13%), followed by the United Arab Emirates with 424.41M USD (14.04%). Malaysia's exports rose by 359.32M USD (64.59%). However, exports to Saudi Arabia fell by 409M USD (-28.69%), Bangladesh by 316M USD (-27.30%), and Czechia by 208.56M USD (-68.06%). Overall, total imports increased by 5.28B USD (9.07%) while exports saw a modest rise of 533.31M USD (1.41%).

Overall, the total trade for the month showed exports at 38.11B with a month-on-month increase of 3.76B (10.94%), while imports totaled 62.66B, reflecting a significant decrease of 13.4B (-17.67%). Year-on-year, exports reached 38.11B, marking an increase of 6.07B (18.95%), while imports totaled 62.66B, with a slight decline of 1.2B (-1.89%). The trade balance indicates a growing export sector despite challenges in imports.

In the month-on-month analysis, imports from the United States saw a significant increase of 794.91M, representing a 17.81% rise. Thailand also showed strong growth with an increase of 462.41M (35.80%). Brazil's imports surged by 356.28M, marking a 67.85% increase. On the lower end, imports from Switzerland dropped sharply by 4.25B (-83.54%), while the United Arab Emirates and Hong Kong saw declines of 3.07B (-41.93%) and 1.58B (-45.58%) respectively. Exports to the United States increased by 672.77M (10.67%), while China saw a rise of 571.98M (35.00%). Spain's exports grew by 344.21M (62.67%). Conversely, exports to the Netherlands fell by 505.16M (-33.34%), and Qatar and Mozambique experienced declines of 72.03M (-36.77%) and 68.3M (-36.87%) respectively.

In the year-on-year analysis, imports from China increased by 1.59B (18.27%), while the United States saw a rise of 1.51B (40.25%). Thailand's imports grew by 785.12M (81.04%). On the downside, imports from Switzerland decreased by 3.96B (-82.73%), and Saudi Arabia and the United Arab Emirates saw declines of 1.3B (-36.40%) and 1.17B (-21.56%) respectively. Exports to the United States increased by 1.27B (22.31%), with China following closely with a rise of 1.03B (88.08%). Spain's exports grew by 574.15M (178.03%). However, exports to the Netherlands fell by 393.28M (-28.03%), and Czechia and Malaysia saw declines of 254.68M (-68.39%) and 192.36M (-26.83%) respectively.

The analysis indicates a robust increase in India's imports month-on-month and year-on-year, particularly from Switzerland, Hong Kong, and China. Total imports rose by 7.55B (11.02%) MoM and 9.88B (14.92%) YoY. In contrast, exports faced a decline, with total exports decreasing by 2.01B (-5.52%) MoM and 4.83B (-12.33%) YoY, primarily driven by significant drops from Hong Kong, Singapore, and the United States.

In the month-on-month analysis, imports from Switzerland saw the highest increase with a trade value of 5.09B, reflecting a significant rise of 1.57B (44.61%). Hong Kong and Australia also showed strong growth, with increases of 911.58M (35.89%) and 839.58M (76.71%) respectively. On the lower end, imports from Indonesia decreased by 404.21M (-21.41%), while China and Turkey experienced declines of 212.15M (-1.87%) and 197.04M (-54.35%) respectively. In exports, the United States led with an increase of 841.31M (15.39%), followed by Singapore with 279.13M (44.57%) and China with 158.14M (10.77%). Conversely, Hong Kong saw a significant drop of 498.18M (-44.68%), with Spain and the UAE also declining by 438.47M (-44.34%) and 244.09M (-6.83%). Overall, total imports increased by 7.55B (11.02%), while exports decreased by 2.01B (-5.52%).

Year-on-year, imports from Switzerland again topped the list with a trade value of 5.09B, showing a remarkable increase of 3.79B (290.63%). Hong Kong and China followed with increases of 1.63B (89.40%) and 1.5B (15.59%) respectively. On the downside, imports from Russia fell by 1.73B (-26.28%), with Iraq and Indonesia also experiencing declines of 615.05M (-19.39%) and 455.92M (-23.51%). In exports, China led with a growth of 480.46M (41.96%), while Spain and Sri Lanka also saw increases of 166.32M (43.43%) and 110.1M (27.83%). However, Singapore faced a significant drop of 1.11B (-55.17%), with the United States and Australia also declining by 606.38M (-8.71%) and 513.46M (-55.17%). Overall, total imports increased by 9.88B (14.92%), while exports decreased by 4.83B (-12.33%).