The deficit was $11.64 billion in August
Cumulative export during April-July of 2017-18 rose by 8.91 per cent to $94.75 billion
New Delhi, 15 JuneExports for the month of May went up 8.3 per cent year-on-year, a ninth straight month of growth. However, the rate of rise was still lower than April, when exports grew 19.4 per cent. The combined trade deficit for April and May, first two months of 2017-18, jumped a staggering 143 per cent year-on-year, showed data issued by the commerce ministry on Thursday.Imports for May grew 33 per cent; for April-May combined, they grew 40 per cent. Total imports rose mainly on the back of petroleum products, gold and electronic goods, pearls, precious and semi-precious stones, and machinery. Gold imports for May grew 237 per cent.Outbound trade was $24 billion, compared with $22.2 bn for the same period last year. Imports were $37.9 bn for May, compared with $28.4 bn in May last year. The trade deficit for May was $13.8 bn, compared with $6.3 bn for the same period last year. The April-May deficit was $27.1 bn, compared with $11.1 bn in April-May 2016."While the growth of ...
Merchandise exports for May came in at $24.01 bn, up 8.32% from a year ago
More effective promotion of domestic manufacturing, mining can reduce trade deficit in key sectors
However, at $274 bn, exports fail to exceed $300 bn in FY17 for second year in a row
Imports surged 45.25% on year to $39.67 bn
Overall trade with China during the 11-month period decreased marginally by 0.87% to $64.57 billion
Feb trade deficit narrows to $8.9 bn as against $9.84 bn in Jan
Exports grew 4.3% to $22.12 bn while imports rose at highest pace in more than two years to $31.9 bn
Exports were marginally in the positive territory in the first 9 months of the fiscal 2016-17 while imports continue to decline by around 7 per cent
India's trade deficit narrowed to $10.37 billion
President-elect Donald Trump made America's large trade deficits a central part of his campaign
Nirmala Sitharaman said that efforts are being made to increase overall exports
Merchandise exports grew 9.6% to $23.5 bn in October, while imports expanded 8.1% to $33.67 bn
Exports to China are ore, slag or ash, iron and steel, tin, raw hides, leather, plastics and cotton
Exports rose 1.3 per cent to $22.57 bn, against $22.28 bn in the corresponding month a year ago
Plunging oil, gold imports trim trade deficit to $4.84 billion -- its lowest level in 5 years
She said India mostly runs a deficit with those countries from which high-demand commodities are sourced
India's exports account for just 1.7% of world trade, compared with nearly 12% of China