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Trade deficit narrows to $11.01 billion in October on lower oil imports

Oil imports fell 31.74 per cent to $9.63 billion in October from $14.11 billion in the year-ago period

Reuters  |  New Delhi 

trade deficit
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India's narrowed to $11.01 billion in October from $18.0 billion a year ago, helped by lower oil imports, the trade ministry said on Friday.

fell 31.74 per cent to $9.63 billion in October from $14.11 billion in the year-ago period.

fell 1.11 per cent to $26.38 billion in October compared with a year earlier, while imports were down 16.31 per cent at $37.39 billion, the data showed.

First Published: Fri, November 15 2019. 19:45 IST
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