 "trade, export, container, import, shipping, sea, business, seafarer, merchan navy")
India’s merchandise exports fell 5.4 per cent in October, while imports declined at a faster pace of 11.5 per cent than a year ago, data released on Tuesday showed. However, trade deficit was 25 per cent lower than the previous year at $8.78 billion.
Month-on-month, trade deficit widened from $2.72 billion in September, when exports rose six per cent. The fall in imports was moderate compared to previous months, but still substantial.
Exports, other than oil and jewellery, rose 6.3 per cent in October. However, this paled in comparison with the 12 per cent rise seen in September. Oil prices were
