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<h1>Exports rise 1.87% in December 2025; imports climb, widening the trade deficit and lifting the nine month merchandise gap.</h1> Merchandise exports rose 1.87% to USD 38.5 billion in December 2025 while imports increased 8.7% to USD 63.55 billion, widening the monthly trade deficit to USD 25.04 billion; cumulatively (April-December) exports grew modestly and imports grew faster, producing a nine month trade deficit of USD 248.32 billion, with engineering, electronics, marine and pharmaceuticals cited as main export drivers and a government projection that goods and services exports may exceed USD 850 billion this fiscal year.