Overview According to a statement by Commerce Secretary Rajesh Agrawal on Thursday, January 15, 2026 , India's merchandise exports experienced a growth of 1.87% , reaching $38.5 billion in December 2025 . This growth occurred amidst global economic uncertainties. Imports also saw an increase during the same period, contributing to a trade deficit. Key Developments Trade Performance in December 2025 Exports: Increased by 1.87% to $38.5 billion . Imports: Increased to $63.55 billion from $58.43 billion a year ago. Trade Deficit: Stood at $25 billion . Fiscal Year Performance (April-December) Exports: Rose by 2.44% to $330.29 billion during April-December . Projected Total Exports: Exports of goods and services are likely to cross $850 billion this fiscal year. UPSC Relevance This data is relevant for the GS3 (Economy) paper, specifically concerning international trade, economic growth, and government policies. Understanding export and import trends, as well as the trade deficit, is crucial for analyzing India's economic performance and its position in the global market. Potential UPSC Questions Analyze the factors contributing to India's export growth and the challenges it faces in the global market. Discuss the impact of the trade deficit on India's balance of payments and overall economic stability. Evaluate the effectiveness of government policies aimed at promoting exports and reducing the trade deficit. Important Facts December 2025 Exports: $38.5 billion ( 1.87% increase) December 2025 Imports: $63.55 billion December 2025 Trade Deficit: $25 billion April-December 2025 Exports: $330.29 billion ( 2.44% increase) Projected Fiscal Year Exports: Over $850 billion