India Balance Of Trade

India · Monthly series · EC-IN-BOT

Latest, July 2026

-27.93B USD

+2.47B USD from June 2026

Open interactive chartIndia Balance Of Trade in the app

792.1M-20.92B-42.63BAugust 2016July 2027
History through July 2026, the forecast path to July 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for July 2027: -27.57B USD, with an 80% interval of -40.24B USD to -15.14B USD.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
August 2026-29.09B USD-34.29B USD-24.46B USD
September 2026-28.80B USD-35.83B USD-22.36B USD
October 2026-30.79B USD-39.45B USD-22.48B USD
November 2026-29.11B USD-38.62B USD-20.38B USD
December 2026-27.32B USD-31.69B USD-23.34B USD
January 2027-26.68B USD-37.28B USD-16.89B USD
February 2027-24.29B USD-34.94B USD-14.07B USD
March 2027-24.14B USD-33.29B USD-15.56B USD
April 2027-26.03B USD-39.07B USD-13.46B USD
May 2027-26.48B USD-34.53B USD-18.88B USD
June 2027-26.09B USD-34.44B USD-18.18B USD
July 2027-27.57B USD-40.24B USD-15.14B USD

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+9%Matches the no-change baseline over 12 tests (12 tests, 7 won)
Direction
62%No clear edge over a coin flip (90 of 144 calls right in 12 tests)
Turning points
50 of 76Anticipated most turns (76 turns in 12 tests, 0 without a turn)
Error vs baseline
9% lowerError ratio 0.91; 1.00 is a tie.
Tests won
7 / 12Complete rolling backtests; ties count as no win.
Test period
2014-08-01 to 2026-07-0112 observations ahead per test.
80% band coverage
81%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 8% of the 119 earlier readings since August 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
July 2026-27.93B USD
June 2026-30.39B USD
May 2026-24.77B USD
April 2026-27.61B USD
March 2026-25.49B USD
February 2026-27.14B USD
January 2026-28.51B USD
December 2025-26.25B USD
November 2025-25.11B USD
October 2025-42.63B USD
September 2025-32.93B USD
August 2025-27.21B USD
July 2025-28.45B USD
June 2025-19.00B USD
May 2025-22.24B USD
April 2025-26.46B USD
March 2025-22.53B USD
February 2025-14.15B USD
January 2025-23.15B USD
December 2024-20.72B USD
November 2024-31.98B USD
October 2024-26.13B USD
September 2024-24.41B USD
August 2024-34.03B USD

Source

Data: public market data feeds.

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