India's exports surge 25.4% in August, trimming trade deficit to $9.41bn

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India's trade deficit narrowed to $9.41 billion in August 2026, driven by strong export growth. Overall exports rose 25.41% year-on-year to $82.68 billion, while imports climbed to $92.09 billion. Merchandise exports led the charge with a 26.12% increase, reaching $43.81 billion. Services exports also posted robust gains, further supporting the positive trend. The accelerating export momentum points to an improving trade outlook for India.

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