Page 7 - India Trade Deficit

Trade deficit narrows to $12 bn in February, exports at $27.93 bn

Exports of items such as iron-ore, rice, cereal preparations meat, dairy and poultry products, spices, drugs and pharmaceuticals, handloom products, coal and other ores continued to rise

India's exports up 6.16% in January; trade deficit narrows $14.54 bn

Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent

India's January trade deficit narrows to $14.54 bn, exports rise 6.16%

Imports also grow for second month, signifying domestic demand recovery

Current account surplus moderates to $15.5 bn in second quarter: RBI

India recorded a current account surplus of 3.1 per cent of the GDP in the first half of the fiscal as against a deficit of 1.6 per cent in the corresponding period of 2019-20

Unrealistic to expect manufacturing to be 25% of India's GDP, even by 2030

The decision to stay out of the Regional Comprehensive Economic Partnership has the potential to become in the long term one of the Modi govt's major blunders. T N Ninan explains why

India's exports dip 5.12% in Oct; trade deficit narrows to $8.71 billion

Imports also fell 11.53 per cent to $33.6 billion (year-on-year) in October 2020

India's forex reserves can be used for infra investment, say economists

As on September 18, India's foreign exchange reserves stood at $541.67 billion

India-China trade deficit fell to $5.5 billion in Q1: Govt to Parliament

In a written reply, Commerce and Industry Minister Piyush Goyal said the trade between the countries, too, dipped to $16.55 billion in Q1, against $21.42 billion in the same period last year

July exports shrink 10.2%, trade deficit hits three-month high of $4.83 bn

Imports contraction falls steeply to 28% as trade deficit rises to three-month high of $ 4.83 billion

India has trade deficit with 9 of top 10 commerce partners, shows data

While India has maintained a comfortable surplus of more than $17 billion with the United States, its largest export market, deficits have become deeper for all other nations

Despite slowdown due to Covid-19, India's food exports up 27% since March

The country recorded $0.79 billion trade surplus in June against $15.28 billion deficit during the same period of 2019

India's trade deficit with China falls to $48.66 bn as imports decline

Exports to China in the last financial year stood at $16.6 billion, while imports aggregated at $65.26 billion

India's trade deficit with China doubled to $48.6 bn in FY20: Motilal Oswal

Several sectors have material linkages with China, making it important to understand the sector-wise implications

Imports from Hong Kong on the rise as trade gap with China narrows

India's trade deficit with China is on a downward trajectory, and hit a 5-year low in FY20 due to lower imports and higher exports, but trade deficit with Hong Kong continues to rise.

Govt likely to fast-track import restrictions on 371 Chinese goods

From toys and plastic goods to sports items, and furniture - goods worth $127 billion - could be placed under restrictions

Trade gap with China set to narrow this year: Explained in charts

Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.

Covid-19 impact: After 60% fall in April, exports shrink another 36% in May

Trade deficit at only $3.15 Billion as crude, gold imports continue to drop

India May exports fall 36.47% to $19.05 bn, trade deficit down to $3.15 bn

During April-May 2020, the exports fell 47.54 per cent to $29.41 billion, while imports shrank by 5.67 per cent to $39.32 billion

Exports register 2.9% growth in Feb, recover after 6 months of contraction

Non-petroleum non-jewellery exports were up 6.16 per cent at $21.23 billion in the month. Imports also broke the nine-month trend of fall and clocked a 2.48 per cent rise to $37.5 billion in February.

India must focus on network products to export like China: Economic Survey

Among the major Asian countries, India and Indonesia are the only ones with a trade deficit in such products