trade deficit

trade deficit News

August merchandise exports fall 6.05 per cent; trade deficit narrows

India’s goods trade deficit for August narrowed nearly 25 per cent to $13.45 billion from $17.92 billion in the same period last year. The country’s merchandise imports also dropped 13.45 per cent to $39.58 billion last month from $45.73 billion in August 2018.

Trade troubles

Labour intensive exports remain sluggish, non-oil non-gold imports contract, suggesting weak domestic demand.

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Exports grow marginally by 3.74% in January; trade deficit narrows

Exports in January stood at $26.36 billion as against $25.41 billion in January 2018, while imports grew 0.01 per cent to $41.09 billion from $41.08 billion in the same period last year.

The deficit Problem

Centre increasingly takes recourse to non-market borrowings for public deficits. There is a cost to deficit-induced borrowings.

Exports dip by 2.15 per cent, trade deficit lowest in 5 months

The dip in exports has been attributed to a correction on account of the base effect and seasonal factors. Imports, however, went up by 10.45 per cent in September.

CAD down to 1.6% of GDP in Q2

Private transfer receipts, mainly remittances by Indians employed overseas, amounted to $ 16.5 billion, a marginal decline from last quarter.

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Exports dip 15% on falling global demand

India’s services exports edged up by 2.3 per cent to $14.3 billion in January 2015 over the same month a year ago.

Low global demand pulls January export by 11.19%, a 2-½ year low

Trade deficit hits 11-month low in January to $8.32 billion on crude price drop.

Trade deficit hits 10-month low, exports decline 3.77% in Dec

Exports stood at $25.39 bn, while for the April-December period, the outbound shipment was $241 billion, up 4.02 per cent.

Gold imports up 6-fold, trade deficit hits 18-month high

Exports grew by 7.27 per cent to $25.96 billion after shrinking by a little over 5 per cent in October.

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