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India’s goods trade deficit widens to $27 billion
India's October merchandise trade deficit widens to $27.14 billion
India's merchandise trade deficit in October widened more than expected to $27.14 billion, driven by a rise in imports despite exports increasing year-over-year. Economists had expected the country's October trade deficit to be $22 billion,
India's Imports from UAE Surge 70% in October: Trade Deficit Widens
India's imports from UAE jumped by 70.37% to USD 7.2 billion in October, leaving a trade deficit of USD 3.5 billion. The FTA between India and UAE came into effect in May 2022.
India's goods trade gap widens to $27.14 billion in October as imports outpace exports
Despite the volatile global atmosphere, Indian exporters have been able to overcome that situation and deliver, Commerce Secretary Sunil Barthwal said.
‘Extremely good month…’: India’s trade deficit down to $27.14 billion in Oct on a yearly basis
In the April-October period, exports increased 3.18 per cent to $252.28 billion and imports by 5.77 per cent to $416.93 billion.
India’s trade deficit swells to $27.1 bn in October, exports rise 17.3%
Merchandise imports increased by 3.9% to $66.34 billion in October, compared to $63.86 billion in the same month last year.
INDIA: Exports Surge in October as Trade Deficit Widens.
October’s exports for India surged +17.2% following the modest rise of +0.5% in September.Engineering goods saw the largest alongside chemicals. Imports rose also up +3.9% for the month, a rise from September’s +1.
India's trade deficit widens to over $27 billion in October
India's merchandise trade deficit widened to $27.14 billion in October, significantly up from $20.8 billion in September due to a faster growth rate in imports, data released today shows. A merchandise trade deficit occurs when a country imports more goods than it exports.
India Oct Trade Deficit $27.14B vs. $30.43B a Year Earlier
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
India’s Trade Deficit Widens More Than Expected in October
India’s trade deficit widened significantly in October as imports climbed during the Hindu festival season, even though exports posted robust growth.
India's October merchandise trade deficit widens to $27.14 bln
India's merchandise trade deficit in October widened more than expected to $27.14 billion, driven by a rise in imports despite exports increasing year-over-year.
India's merchandise exports jump by 17.25% in Oct
The trade deficit was widened to USD 27.14 billion. Imports increased by 3.9% to USD 66.34 billion in October compared to USD 63.86 billion in the year-ago period.
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1d
India's October merchandise trade deficit at $27.14 billion
NEW DELHI (Reuters) -
India
's merchandise
trade
deficit
in October stood at $27.14 billion, according to a Reuters ...
1d
India's merchandise trade deficit widens to $27.1 billion in October
India’s merchandise exports bounced back in October, growing at double digits by 17.3 per cent to $39.2 billion, while ...
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