India's merchandise trade deficit for September 2022 was $19.37 billion, lower than the previous month's $26.72 billion. Exports slowed by 2.6% to $34.47 billion, while imports decreased by over 15% to $53.84 billion. The government revised August's exports to $38.45 billion and imports to $60.1 billion. Services exports in September were $29.37 billion, while imports were $14.91 billion.