<h1>India's Foreign Trade Soars from $42B to $765B in Two Decades, Trade Deficit Widens to $136B.</h1> Foreign trade in India, comprising exports and imports, grew from $42 billion in 1990-91 to $765 billion in 2013-14, with an average annual growth rate of 13.42%, increasing 18-fold over the period. The trade deficit also widened from $6 billion to $136 billion. Trade dynamics are influenced by macroeconomic factors such as demand, supply, and exchange rates. In 2013-14, major importers from India included the USA, Singapore, and Bangladesh, while in 1990-91, they included the USSR and Hong Kong. Detailed trade statistics are available through DGCI&S publications, as reported by a government official in a parliamentary session.