The challenge is not reversal but recalibration: India must redesign its external strategy even as domestic engines stay strong
Exports to the United States also declined, dropping to $6.3 billion in October from $6.9 billion a year earlier
From India's trillion-dollar export surge to Russia's energy strength, trade data counters Trump's claim amid escalating tariffs and tensions
Sensex Today | Stock Market close, Thursday, July 17, 2025: In the broader markets, the Nifty MidCap index fell 0.27 per cent, and the Nifty SmallCap index was down by 0.18 per cent
In the previous session, equity markets logged their biggest single-day gain in a month, aiding Nifty50 to end its record 10-day losing streak. The Nifty settled at 22,337.30, up 254.65 pts or 1.15%
A committee, comprising officials from commerce and finance ministries, has been formed to create a mechanism for publishing consistent and accurate data
India's import of edible oils fell 29 per cent annually in September to 10,64,499 tonnes due to lower inward shipments of crude and refined palm oils, according to industry data. Import of edible oils stood at 14,94,086 tonnes in the same month last year. Solvent Extractors' Association of India (SEA) on Friday released the import data for vegetable oils (both edible and non-edible) for September. Imports of non-edible oils fell to 22,990 tonnes in September from 57,940 tonnes in the year-ago period. According to the data, import of vegetable oils in September declined 30 per cent to 10,87,489 tonnes compared to 15,52,026 tonnes a year earlier. In the edible oil category, the SEA data showed that import of crude pall oil declined to 4,32,510 tonnes last month from 7,05,643 tonnes in September last year, while refined palm oil shipments were down to 84,279 tonnes from 1,28,954 tonnes. Imports of crude sunflower oil also declined to 1,52,803 tonnes from 3,00,732 tonnes. SEA attrib
What China sends doesn't match India's records on imports, and the mismatch is in billions of dollars
The pact, if materialised, will strengthen the bilateral commercial relationship between India and Russia
The customs data released on Thursday further showed that imports also slid 7.3% to $216.51 billion
The transformation that some are calling "reglobalization" will take years, and trade data is only beginning to offer clues about the scope of the changes, and who's winning and losing
Merchandise exports witnessed annual contraction in 16 of the 30 key sectors last month
The move aims to dispel any confusion over divergence between the two sets of data, federal trade secretary Sunil Barthwal told reporters in New Delhi
The development comes in the backdrop of India's merchandise exports witnessing 4.8 per cent year-on-year rise to $35.45 billion in September
The World Trade Organization (WTO) has also painted a grim picture for the outlook of global trade next year amid fears of a recession
The country's exports rose by 4.82 per cent to USD 35.45 billion in September, even as the trade deficit widens to USD 25.71 billion, according to the data released by the commerce ministry on Friday. In its preliminary data, which was released in the first week of this month, the ministry stated that the country's merchandise exports contracted by 3.52 per cent to USD 32.62 billion in September. Imports during the month under review increased by 8.66 per cent to USD 61.61 billion. The trade deficit in September 2021 was USD 22.47 billion. During April-September 2022, exports recorded a growth of 16.96 billion to USD 231.88 billion. Imports rose by 38.55 per cent to USD 380.34 billion, while the trade deficit widened to USD 148.46 billion against USD 76.25 billion in September 2021, the data showed.
Currently, the value of exports and imports of services is released by the Reserve Bank of India (RBI) and it comes with a lag of over two months
The U.S. Census Bureau said on Tuesday that the United States' 2021 goods trade deficit with China rose by $45 billion, or14.5%, to $355.3 billion
Exporters also cite container shortage; imports continue to rise due to revival in domestic economy and high commodity prices