India’s trade deficit surged sharply in October 2025, driven by record gold imports and export challenges from U.S. tariff pressures.(Representing image) Why Did India’s Trade Deficit Widen in October 2025? | A Deep-Dive Explained - Dr.Sanjaykumar pawar Table of Contents Introduction What Exactly Happened in October 2025? Understanding India’s Trade Balance: A Quick Breakdown Performance of India’s Exports Major Headwinds Facing India’s Merchandise Exports Impact of the U.S. 50% Tariffs Which Sectors Were Hit the Hardest? Why Imports Surged: The Gold and Silver Story Are Festive Imports the Only Reason? Was October an Outlier or a Trend? Economic Forecast: What Lies Ahead? Conclusion Frequently Asked Questions (FAQs) Sources (Credible and Authoritative) 1. Introduction October 2025 delivered one of the most dramatic shifts in India’s recent trade history, with the trade deficit soaring 141% year-on-year to $21.8 billion . At first glance, this spike trig...
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