Page 6 - India Trade Deficit

High commodity prices continue to weigh on trade deficit: Acuite

The expectation of the expansion of the current account deficit is not just driven by elevated global commodity prices, but is also linked to the unlocking of the economy reviving pent-up demand and improved vaccination cover aiding an organic recovery in the economy, ratings and research firm Acuite Ratings & Research said in a report.

Exports in May up by 15.46% to $37.29 bn; trade deficit widens to $23.33 bn

Imports during the month grew by 56.14% to $60.62 billion

Sustaining export growth

Commodity prices will push up trade deficit

Exports up nearly 20% to $42 bn in March; trade deficit widens to $18.5 bn

While total exports during 2021-22 increased to a record high of $419.65 billion, imports too soared to $611.89 billion, leaving a trade gap of $192.24 billion

Exports up 25.1% to $34.57 bn in Feb; trade deficit widens to $20.88 bn

According to the data, gold imports in February dipped by 9.65 per cent to USD 4.8 billion

Indian trade, current account deficit seen widening, rupee under pressure

India's trade deficit widened sharply to $21.19 billion in February compared to $17.94 billion the previous month, preliminary data shows

India's Jan trade deficit widens to $17.42 bn, exports rise 25%: Govt

Imports grew by 23.54% to $51.93 billion during the month under review

Exports rise by 23.69% to $34 bn in Jan; trade deficit widens to $17.94 bn

The country's exports rose by 23.69 per cent to 34.06 billion in January on healthy performance by engineering, petroleum and gems and jewellery segments

India's exports rise 27.1% to $30.04 bn in Nov; trade deficit at $22.91 bn

Exports during November 2020 stood at $23.62 billion

India's Sept trade deficit widens to record $22.6 bn

India's merchandise exports rose $33.8 billion for the month from $27.56 billion in the same period last year

India's trade deficit surges 675% on high imports; exports up 21%

The trade deficit in September was at $22.94 billion as gold imports jumped nearly 750 per cent to $5.11 billion

India's September preliminary trade deficit at $22.94 billion: Govt

India's merchandise exports rose $33.44 billion for the month from $27.56 billion in the same period last year, while imports rose $56.38 billion in September from $30.52 billion last year

Exports rise 45% to $33 bn in August; trade deficit at four-month high

This, despite a 45% YoY spike in shipment values; non-oil, non-bullion import growth was 34% YoY

Exports rise 45% to $33.14 bn in Aug; trade deficit widens to $13.87 bn

India's exports jumped 45.17 per cent to USD 33.14 billion in August as against USD 22.83 billion in the same month last year, according to the commerce ministry's provisional data

Exports hit record high of $35 bn in July; up 34% over pre-Covid level

Exports during April-July 2021 were $130.56 billion, up by 73.86% over the same period a year ago and up by 21.85% over the same period of 2019

India's exports grow 47% to $32.4 bn in June; trade deficit at $9.4 bn

"Exports during the April-June period are the highest ever merchandise exports in a quarter in history of India," Commerce and Industry Minister Piysuh Goyal said

India's May trade deficit widens to $6.28 billion as imports rise 73%: Govt

India's exports rose by 69.35 per cent to $32.27 billion in May, driven by healthy growth in sectors such as engineering, petroleum products and gems and jewellery

Exports jump three-fold to $30.6 bn in April on low base effect: Govt data

Imports rose to $45.72 bn in April from $17.12 billion, data showed; trade deficit widened to $15.1 bn

India's April exports up 197% on low base; trade deficit widens to $15.2 bn

Better export figure largely due to low-base effect, as Covid-19 induced nationwide lockdown a year ago had temporarily stopped economic activity

Exports jump 58% to $34 bn in March, but fall 7% in FY21: Govt data

The trade deficit during the month widened to $14.12 bn as against $9.98 bn in March 2020