Japan’s trade deficit increased significantly to JPY 2,758.78 billion in January 2025 from JPY 1,766.54 billion in the same month a year earlier, exceeding market consensus for a gap of JPY 2,100 billion,

Japan posted a trade deficit in January as rising exports to the US were outweighed by record-high imports. The Finance Ministry says the shortfall exceeded 2.7 trillion yen, or more than 18 billion dollars. That's the first such deficit in two months and the third-largest on record for the month of January.

India said on Monday that bilateral merchandise trade with the United States has increased by about 8% to more than $106 billion in the ten months through January and a proposed trade pact between the two countries will further benefit both.

India’s merchandise trade deficit rose to a two-month high of $22.99 billion in January on the back of higher imports. Economists had expected the January trade deficit to be $22.35 billion, according to a Reuters poll.

India’s exports witnessed a 6.03 percent growth during April-December 2024, reaching an estimated $602.64 billion, compared to $568.36 billion in the same period of 2023.

India's merchandise trade deficit in January stood at $22.99 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Economists had expected the January trade deficit to be $22.