Page 3 - India Trade Deficit
India's trade deficit surges 675% on high imports; exports up 21%
The trade deficit in September was at $22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion
 "India's trade deficit surges 675% on high imports; exports up 21%")
India's September preliminary trade deficit at $22.94 billion: Govt
India's merchandise exports rose $33.44 billion for the month from $27.56 billion in the same period last year, while imports rose $56.38 billion in September from $30.52 billion last year
 "India's September preliminary trade deficit at $22.94 billion: Govt")
Exports rise 45% to $33 bn in August; trade deficit at four-month high
This, despite a 45% YoY spike in shipment values; non-oil, non-bullion import growth was 34% YoY
 "Exports rise 45% to $33 bn in August; trade deficit at four-month high")
Exports rise 45% to $33.14 bn in Aug; trade deficit widens to $13.87 bn
India's exports jumped 45.17 per cent to USD 33.14 billion in August as against USD 22.83 billion in the same month last year, according to the commerce ministry's provisional data
 "Exports rise 45% to $33.14 bn in Aug; trade deficit widens to $13.87 bn")
Exports hit record high of $35 bn in July; up 34% over pre-Covid level
Exports during April-July 2021 were $130.56 billion, up by 73.86% over the same period a year ago and up by 21.85% over the same period of 2019
 "Exports hit record high of $35 bn in July; up 34% over pre-Covid level")
India's exports grow 47% to $32.4 bn in June; trade deficit at $9.4 bn
"Exports during the April-June period are the highest ever merchandise exports in a quarter in history of India," Commerce and Industry Minister Piysuh Goyal said
India's May trade deficit widens to $6.28 billion as imports rise 73%: Govt
India's exports rose by 69.35 per cent to $32.27 billion in May, driven by healthy growth in sectors such as engineering, petroleum products and gems and jewellery
Exports jump three-fold to $30.6 bn in April on low base effect: Govt data
Imports rose to $45.72 bn in April from $17.12 billion, data showed; trade deficit widened to $15.1 bn
 "Exports jump three-fold to $30.6 bn in April on low base effect: Govt data")
India's April exports up 197% on low base; trade deficit widens to $15.2 bn
Better export figure largely due to low-base effect, as Covid-19 induced nationwide lockdown a year ago had temporarily stopped economic activity
 "India's April exports up 197% on low base; trade deficit widens to $15.2 bn")
Exports jump 58% to $34 bn in March, but fall 7% in FY21: Govt data
The trade deficit during the month widened to $14.12 bn as against $9.98 bn in March 2020
 "Exports jump 58% to $34 bn in March, but fall 7% in FY21: Govt data")
Trade deficit narrows to $12 bn in February, exports at $27.93 bn
Exports of items such as iron-ore, rice, cereal preparations meat, dairy and poultry products, spices, drugs and pharmaceuticals, handloom products, coal and other ores continued to rise
 "Trade deficit narrows to $12 bn in February, exports at $27.93 bn")
India's exports up 6.16% in January; trade deficit narrows $14.54 bn
Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent
 "India's exports up 6.16% in January; trade deficit narrows $14.54 bn")
India's January trade deficit narrows to $14.54 bn, exports rise 6.16%
Imports also grow for second month, signifying domestic demand recovery
 "India's January trade deficit narrows to $14.54 bn, exports rise 6.16%")
Current account surplus moderates to $15.5 bn in second quarter: RBI
India recorded a current account surplus of 3.1 per cent of the GDP in the first half of the fiscal as against a deficit of 1.6 per cent in the corresponding period of 2019-20
 "Current account surplus moderates to $15.5 bn in second quarter: RBI")
Unrealistic to expect manufacturing to be 25% of India's GDP, even by 2030
The decision to stay out of the Regional Comprehensive Economic Partnership has the potential to become in the long term one of the Modi govt's major blunders. T N Ninan explains why
India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion
Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020
India's forex reserves can be used for infra investment, say economists
As on September 18, India's foreign exchange reserves stood at $541.67 billion
 "India's forex reserves can be used for infra investment, say economists")
India-China trade deficit fell to $5.5 billion in Q1: Govt to Parliament
In a written reply, Commerce and Industry Minister Piyush Goyal said the trade between the countries, too, dipped to $16.55 billion in Q1, against $21.42 billion in the same period last year
 "India-China trade deficit fell to $5.5 billion in Q1: Govt to Parliament")
July exports shrink 10.2%, trade deficit hits three-month high of $4.83 bn
Imports contraction falls steeply to 28% as trade deficit rises to three-month high of $ 4.83 billion
 "July exports shrink 10.2%, trade deficit hits three-month high of $4.83 bn")
India has trade deficit with 9 of top 10 commerce partners, shows data
While India has maintained a comfortable surplus of more than $17 billion with the United States, its largest export market, deficits have become deeper for all other nations
 "India has trade deficit with 9 of top 10 commerce partners, shows data")
