India's annual trade deficit widens to $17.49 bn in Jan
Overall trade deficit dipped 37.11% to $70.43 billion in April-January 2023-24 from $111.99 billion in the year-ago period.
indias trade deficit
February 2024
April 2023
February 2023
September 2022
June 2022
Future of Indian trade is in services exports
Services exports are booming, significantly reducing trade deficits generated by merchandise trade, but it remains a blind spot for policymakers with little data, analysis or efforts to push
India's merchandise exports rise to $447 bn in FY23
Merchandise exports dropped 13.9% year-on-year to $38.38 billion in March while imports fell 7.9% year-on-year to $58.11 billion.
Exports dip 6.6% to $33 bn in Jan; trade deficit at $17.7 bn
India's trade deficit ballooned to $83.5 billion in FY22, a manifold rise from Covid-hit year of 2020-21 when it was $13.2 bn, shows govt data
Trade deficit widens to $27.98 billion in August
Exports rose marginally by 1.62% to $33.92 billion last month as compared to $33.38 billion in August 2021.
Rising IPR imports draining India’s forex; 2021 outgo at $8.6 billion
In the last four decades, India’s payment for the use of intellectual property rose by 56,862% from $15.1 million in 1981 to $8,631.3 million in 2021.
