# India Trade Balance: Goods & Services

India Trade Balance: Goods & Services was −30,210 US$ million in September 2026, down 3,350.5 from August 2026 and up 2,786.5 from a year earlier.
Over the past ten years it has ranged from −42,616 US$ million (Oct 2025) to 709.6 US$ million (Jun 2020), averaging −17,927 US$ million.

- Source agency: Makrognosis (computed from agency-direct inputs)
- Makrognosis code: `IN.TRADEBAL.M.NSA`
- Frequency: monthly
- Units: US$ million
- Coverage: 1996-01-01 to 2026-09-01 (369 observations)
- Page: https://makrognosis.robomacro.com/data/india/trade-balance-goods-and-services

## Recent data

| Period | Value |
|---|---:|
| September 2026 | −30,210 US$ million |
| August 2026 | −26,859 US$ million |
| July 2026 | −31,980 US$ million |
| June 2026 | −30,428 US$ million |
| May 2026 | −28,210 US$ million |
| April 2026 | −28,383 US$ million |
| March 2026 | −20,670 US$ million |
| February 2026 | −27,089 US$ million |
| January 2026 | −34,752 US$ million |
| December 2025 | −26,238 US$ million |
| November 2025 | −25,101 US$ million |
| October 2025 | −42,616 US$ million |
| September 2025 | −32,996 US$ million |
| August 2025 | −27,219 US$ million |
| July 2025 | −27,877 US$ million |
| June 2025 | −19,097 US$ million |
| May 2025 | −22,551 US$ million |
| April 2025 | −27,098 US$ million |
| March 2025 | −21,460 US$ million |
| February 2025 | −14,053 US$ million |
| January 2025 | −23,092 US$ million |
| December 2024 | −20,675 US$ million |
| November 2024 | −31,986 US$ million |
| October 2024 | −26,086 US$ million |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IN.TRADEBAL.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IN.TRADEBAL.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```