
Mint Quick Edit | India’s trade data: Beware myths
Data for 2024-25 released this week shows a notable shift in India’s trade trends with its big partners. With the US, India’s merchandise exports jumped 11.6% to $86.5 billion last fiscal year, while imports rose 7.4% to $45.3 billion. As a result, our bilateral trade surplus widened to $41.2 billion. In contrast, our exports to…