Middle East crisis impacts India's trade and current account deficit
after close1 source ↓written by the desknot a recommendation
- in Q3 FY26
- $13.2 billion
- YoY
- $11.3 billion
- trade deficit
- $93.6 billion
- mitigates further deterioration
- $57.5 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, driven by a goods trade deficit of $93.6 billion. However, a services trade surplus of $57.5 billion mitigates further deterioration.
Not investment advice. For informational purposes only.