India’s trade deficit falls to 21-month low at $15.2 bn in April
India’s overall exports in April 2023 were recorded at $65.02 billion, up 2% YoY, while imports dipped 7.9% to $66.4 bn
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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.
India’s exports flat at $32 bn in Nov; trade deficit narrows to $23.89 bn
The commerce ministry says India’s trade is moving forward on the high growth wave even with the high base of last year.
India’s trade deficit widens to $26.91 bn in October, exports decline 16%
The country’s imports witnessed a growth of 5.7% to $69 billion in October this year as against $53.64 billion in October 2021.
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.
India's trade deficit up 3x in July at $31 bn
India has maintained its exports in July despite anti inflationary measures and continued disruptions in supply chains due to Covid and Russia-Ukraine conflict.
India's current account deficit dips 1.5% to $13.4bn in March quarter
Sequential decline in current account deficit in Q4 FY22 was mainly due to moderation in the trade deficit and lower net outgo of primary income.
India's exports rise 30% in April
Labour-intensive sectors also contributed to the exports basket, which itself is a good sign, further helping job creation in the country.
WPI inflation jumps to 13.11% in February
Inflation for manufactured products, which constitutes 64.23% to the WPI basket, soared to 9.84% year-on-year in February compared with 9.42% in January.
Russia-Ukraine war: Feb trade data grim alert for India as crude spikes
Though, Russia is a marginal trade partner with barely 1.4% of India's import and 0.9% of exports, spike in crude and commodity prices will elevate inflation and dent consumer demand.
