Trade balance

Merchandise trade balance, monthly. Monthly, US$ billion. Latest: −30.21 (Sep 2026).

Level

US$ billion

Source: Department of Commerce, Ministry of Commerce & Industry.Download CSV (merch_trade_balance)

About this series

Series id	`merch_trade_balance`
Source	Department of Commerce, Ministry of Commerce & Industry: Merchandise trade (SDDS table, monthly press release)
Coverage	Mar 2024 to Sep 2026 (28 observations)
Release	around the 15th, for the previous month
Updated by	Daily automated pipeline · `pipelines/sources/commerce/trade.py`
Licence	Open government data (NDSAP / GODL-India): free to reuse with attribution
Notes	US$ million in the source, shown in billions. The latest month is provisional; the next year's release revises it (note column).
Checked against the official release	Not yet. Values come straight from the publisher, but no one has yet compared them with the press release.

Download and cite

Download CSV Columns: period, value, vintage (date we first recorded the value), note.

Cite: Econvitals India (2026). Merchandise trade balance, monthly [merch_trade_balance]. Retrieved 28 Oct 2026. Original source: Department of Commerce, Ministry of Commerce & Industry.

Latest observations

Period	Value	Note
Sep 2026	−30.21	provisional
Aug 2026	−26.86	provisional
Jul 2026	−31.98	provisional
Jun 2026	−30.43	provisional
May 2026	−28.21	provisional
Apr 2026	−28.38	provisional
Mar 2026	−20.67	provisional
Feb 2026	−27.10	provisional
Jan 2026	−34.68	provisional
Dec 2025	−25.05	provisional
Nov 2025	−24.53	provisional
Sep 2025	−33.00	revised
Aug 2025	−27.22	revised
Jul 2025	−27.88	revised
Jun 2025	−19.10	revised
May 2025	−22.55	revised
Apr 2025	−27.10	revised
Mar 2025	−21.69	revised
Feb 2025	−14.42	revised
Jan 2025	−23.43	revised
Dec 2024	−20.63	revised
Nov 2024	−31.92	revised
Aug 2024	−35.64	revised
Jul 2024	−24.77	revised

Revisions

No revisions recorded since this series was added. When the publisher revises a past value, the old and new values appear here.