India Balance Of Trade
India · Monthly series · EC-IN-BOT
Latest, July 2026
-27.93B USD
+2.47B USD from June 2026
Forecast
Forecast for July 2027: -27.57B USD, with an 80% interval of -40.24B USD to -15.14B USD.
| Period | Forecast | 80% low | 80% 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 |
AI confidence
Mixed evidenceThe 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.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2026-07-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
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.
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.
Recent history (24 observations)
| Period | Value |
|---|---|
| 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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