{
  "id": "403489",
  "title": "Balance of Trade",
  "indicator": "India Balance of Trade, Exports, Imports",
  "country": "IN",
  "period": "February 2026",
  "reference_date": "2026-02-28",
  "release_date": "2026-03-16",
  "source": "Ministry of Commerce and Industry",
  "source_url": "https://commerce.gov.in/",
  "news_source": "Times of India",
  "news_url": "https://timesofindia.indiatimes.com/business/india-business/trade-deficit-for-february-widens-to-3-96-billion-indias-exports-climb-11-imports-surge-21/articleshow/129604688.cms",
  "parent_publication": "India Trade Statistics Release",
  "document_type": "news release / economic statistics",
  "indicators": [
    {
      "name": "Balance of Trade (Merchandise)",
      "actual": -27.1,
      "previous": -14.42,
      "unit": "USD billion"
    },
    {
      "name": "Merchandise Exports",
      "actual": 36.61,
      "previous": 36.91,
      "unit": "USD billion",
      "yoy_change": "-0.8%"
    },
    {
      "name": "Merchandise Imports",
      "actual": 63.71,
      "previous": 51.33,
      "unit": "USD billion",
      "yoy_change": "+24.0%"
    },
    {
      "name": "Total Exports (Merchandise + Services)",
      "actual": 76.13,
      "previous": 68.56,
      "unit": "USD billion",
      "yoy_change": "+11.04%"
    },
    {
      "name": "Total Imports (Merchandise + Services)",
      "actual": 80.09,
      "previous": 65.84,
      "unit": "USD billion",
      "yoy_change": "+21.61%"
    },
    {
      "name": "Overall Trade Deficit (Combined)",
      "actual": -3.96,
      "previous": -2.72,
      "unit": "USD billion"
    }
  ],
  "key_drivers": {
    "import_surge": ["Gold (+28.7%)", "Silver (+143%)", "Electronics (+17.6%)", "Crude Oil (-3%)"],
    "export_growth": ["Engineering goods", "Electronic goods (+10%)", "Non-petroleum exports", "Gems & jewellery (+4.08%)"]
  },
  "extraction_quality": {
    "title_match": true,
    "domain_match": true,
    "body_length": 6230,
    "indicator_present": true,
    "structure_preserved": true,
    "numbers_verified": true
  },
  "notes": "Unified release covering three related indicators (Balance of Trade, Exports, Imports). Primary government source is Ministry of Commerce and Industry; data retrieved via Times of India news article citing official release. Exact numbers match event payload: exports $36.61B, imports $63.71B, merchandise deficit -$27.1B."
}