Page 8 - India Trade Deficit

Exports drop 6% to $26.13 bn in August; trade deficit narrows to $13.45 bn

Oil imports declined by 8.9 per cent to $10.88 billion, and non-oil imports fell by 15 per cent to $28.71 billion

US expresses concern over trade deficit, 'investment challenges' in India

Asserting that there is scope to further boost trade with the US, Indo-American Chamber of Commerce National President S K Sarkar said the target is to achieve a bilateral trade of $500-bn by 2022

India urges Indonesia to reduce import quota restrictions on auto sector

With bilateral trade of $21.13 billion in FY19, Indonesia is India's second-largest trade partner in the Asean region after Singapore. However, India's trade deficit stands at a sizeable $10.57 bn

India's current account deficit narrows sharply to 0.7% of GDP in Q4

In absolute terms, the CAD stood at $4.6 billion in the current fourth quarter, compared with $13 billion in the year-ago quarter and $17.7 billion in the third quarter of fiscal year 2018-19

Trade deficit widens to 4-month high of $14.62 bn in May, imports surge 15%

Oil imports were up 49.46% to $11.5 bn on back of surge in international crude prices