In fiscal year 2025, India's balance of trade with Latin American and Caribbean countries was a deficit of nearly **** billion U.S. dollars. The balance of trade calculates the comparison of exports against imports, determining a surplus (when exports outweigh imports) or a deficit (when imports are more than exports) of trade. The trade balance is also a component of a country's GDP.
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Department of Commerce (India). (June 4, 2025). Balance of trade with Latin American and Caribbean (LAC) countries from financial year 2011 to 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 20, 2025, from https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). "Balance of trade with Latin American and Caribbean (LAC) countries from financial year 2011 to 2025 (in billion U.S. dollars)." Chart. June 4, 2025. Statista. Accessed July 20, 2025. https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). (2025). Balance of trade with Latin American and Caribbean (LAC) countries from financial year 2011 to 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 20, 2025. https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). "Balance of Trade with Latin American and Caribbean (Lac) Countries from Financial Year 2011 to 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Jun 2025, https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India), Balance of trade with Latin American and Caribbean (LAC) countries from financial year 2011 to 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/ (last visited July 20, 2025)
Balance of trade with Latin American and Caribbean (LAC) countries from financial year 2011 to 2025 (in billion U.S. dollars) [Graph], Department of Commerce (India), June 4, 2025. [Online]. Available: https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
