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Latest Articles in trade deficit
India's Merchandise Trade Deficit Records At $20.67 Bn In July
Merchandise exports stood at USD 32.25 billion, while imports were USD 52.92 billion in July, the government data showed
Read MoreIndia's June Trade Deficit Narrows As Imports Decline More Significantly
The reduction in the trade deficit was primarily driven by a larger decline in imports compared to exports
Read MoreIndia's Trade Deficit Shrinks To $20.13 Bn In June
In June, the country's merchandise exports experienced a 22 per cent decline, amounting to USD 32.97 billion, compared to USD 42.28 billion in the same month of the previous year
Read MoreIndian Economy: April Trade Deficit Narrows Near Two-year Lows
External sector risks are skewed to the downside, with the goods trade deficit expected to be narrower in FY2024 relative to FY2023, it says
Read MoreIndia, Russia Stop Talks To Settle Trade In Rupees
The rupee is not fully convertible and India’s share of global exports of goods also is just about 2 per cent – these factors reduce the necessity for other countries to hold rupees
Read MoreBeijing Is Keen To Promote Balanced Trade With New Delhi: China’s Consul General
Exports from India to China decreased from USD 28.1 billion to USD 17.48 billion and the trade imbalance increased by 45 per cent to USD 101.02 billion in 2021, from USD 69.4 billion
Read MoreChina Likely To See Trade Deficit In 2023: Report
After the end of China's 'Zero Covid' policy in December 2022, there were hopes for economic recovery in China, the report said, adding that deteriorating confidence of households, coupled with the unresolved difficulties in the housing sector, weighed on the country's growth rebound
Read MoreExports Falls By 6.58% In Jan, Trade Deficit At $17.75 Bn
Engineering goods, iron ore, plastic and linoleum, and gems and jewellery were among the export sectors that experienced negative growth during the fiscal year's first ten months
Read MoreJapan Registers Highest Ever Trade Deficit In 2022
A trade deficit is typically the amount by which the cost of a country's imports exceeds the overall value of its exports
Read MoreIndia's Exports Witness Modest Growth At $32 Bn In November
"Merchandise imports in November 2022 were USD 55.88 billion, as compared to USD 53.03 billion in November 2021," as per the data
Read MoreIndia’s Trade Deficit With China Touches $51.5 Bn During April-Oct Of This Fiscal
Electronics, organic and inorganic chemicals, medicinal and pharmaceutical products, fertilisers, crude and manufactured dyeing, tanning and colouring materials are major among Chinese imports
Read MoreAmid Strong Dollar, Weak Overseas Demand, US’s Trade Deficit Increases Marginally
Exports were hampered by weaker global demand and the strong dollar increases the cost of US goods to foreign buyers while decreasing the cost of imports to US buyers
Read MoreIndia’s Export Dips To $29.78 Bn In October
Non-petroleum, non-gems and jewellery (gold, silver and precious metals) imports were USD 34.40, compared to USD 32.88 billion in October 2021, as per the data
Read MoreIndia, China Trade Crosses $100 Bn, Trade Deficit Climbs To Over $75 Bn In 2022
Despite the military standoff in eastern Ladakh, total bilateral trade increased to USD 103.63 billion, representing a 14.6 per cent growth over the same period last year
Read MoreTrade Deficit More Than Doubles To $28 Bn In August
According to the official data, the trade deficit in August 2021 stood at USD 11.71 billion. Also, the imports grew by 37.28 per cent to USD 61.9 billion in August this year
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