TestCloud
Prep • Practice • Perform
Log In

India’s Trade Deficit Narrows to 9-Month Low in January 2026.

Economy & Business | Dated: 14 Feb 2026

India's merchandise trade deficit narrowed to a nine-month low of $17.49 billion in January 2026, compared to $19.8 billion in December. Exports grew by 3.12% to $36.92 billion, despite global economic headwinds and the Red Sea crisis affecting shipping routes.

🎯 Key Highlights:

  • Electronic goods exports registered a significant growth.
  • The service sector export surplus helped cushion the overall trade balance.
  • Trade deficit is the difference between imports and exports.

💡 Other Important Facts:

  • Indicator: Trade Deficit.
  • Value: $17.49 Bn.
  • Trend: Narrowed.

📚 Test Your Knowledge:

What was India's merchandise trade deficit recorded in January 2026, marking a nine-month low?

Correct Answer: $17.49 Billion

🚀 Quick Recap:

About Commerce Ministry

  • Minister – Piyush Goyal
  • Top Export Destination – USA