Middle East crisis impacts India's trade and current account deficits
pre-market1 source ↓written by the desknot a recommendation
- in Q3 FY26
- $13.2 billion
- YoY
- $11.3 billion
The ongoing Middle East crisis is expected to widen India's trade deficit and current account deficit (CAD). CAD increased to $13.2 billion in Q3 FY26, up from $11.3 billion YoY, primarily due to a goods trade deficit of $93.6 billion. However, a services trade surplus of $57.5 billion is helping to keep the CAD manageable.
Not investment advice. For informational purposes only.