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Jan 07, 2026
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India's trade deficit with FTA countries widening; electronics exports stand out performer
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At a time when India is accelerating free trade agreement (FTA) negotiations to diversify exports and soften the impact of US tariffs, a Niti Aayog report has said that India's trade deficit with its FTA partner countries is rising sharply, but exports from sunrise industries such as electronics are growing their foothold globally. The Niti Aayog's 'Trade Watch Quarterly' report said India's trade deficit with FTA partners rose 59.2 per cent between April and June last year compared to the previous year as imports jumped by 10 per cent to $65.3 billion and exports declined by 9 per cent to $38.7 billion.
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