Page 6 - Trade Deficit

Pakistan's trade deficit hits record-high of $48.66 bn as imports soar

Cash-strapped Pakistan's trade deficit has surged to an all-time high of USD 48.66 billion in the outgoing fiscal year, up from USD 30.96 billion a year ago, a significant 57 per cent jump

Export curbs, higher energy prices may spike trade deficit further in FY23

Revenues from the export of industrial metals would also take a hit from a decline in metal prices

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 up 15.46% in May; trade deficit widens to a record $23.3 billion

India's merchandise exports grew 15.46 per cent YoY to $37.29 billion in May

Exports rise 30.7% to $40.19 bn in Apr; trade deficit widens to $20.11 bn

Imports during the month of April under review grew by 30.97 per cent to USD 60.3 billion.

India's gold imports surge to $46.14 bn in FY22 on higher demand

The surge in gold imports during the last financial year contributed to the widening of the trade deficit to USD 192.41 billion, against USD 102.62 billion in 2020-21

Trade deficit widens to $192 billion in FY22; imports at record high

Value of inbound petroleum shipments nearly doubles; account for 26% of total imports

India's trade deficit rises 88% to $192.41 billion in FY22: Govt data

The trade deficit in March 2022 was $18.69 billion, while it was $192.41 billion during entire 2021-22

India's exports rise 25% YoY in February; trade deficit at $20.8 billion

Trade deficit was $15.1 billion in February last year and at $17.42 billion a month ago

Feb exports rise 22% YoY to $33.8 bn; trade deficit widens to $21.19 bn

Remain above $30-bn mark but pace of growth slows for 2nd month in a row

Exports rise 22% to $33.8 bn in Feb; trade deficit widens to $21.19 bn

India's exports rose by 22.36 per cent to $33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to $21.19 bn

Japan's deficit reaches 8-year high as cost of energy imports soars

The amount is the biggest since January 2014, when the trade deficit totaled nearly 2.8 trillion yen.

Japan's trade deficit soars to 8-year high as commodity imports jump

The growing trade deficit highlights the world's third-largest economy's vulnerability to soaring commodity costs, on which manufacturers rely for production at home

India, South Korea to discuss market access issues on Tuesday

Exports did not witness a massive jump, despite a free trade agreement between both nations

US trade deficit widens sharply in November to $80.2 bn as imports surge

The US trade deficit widened sharply to $80.2 billion in November 2021 as imports surged, the Commerce Department reported.

Exports rise 27.16% to $30.04 bn in Nov; trade deficit at $22.91 bn

India's merchandise exports jumped 27.16 per cent to USD 30.04 billion in November on the back of good performance by sectors like petroleum products, engineering goods and electronic items

Rupee closes at near 18 month-low, ends at 75.52 to the dollar

The rupee touched 76.92 a dollar in the intraday trade on April 22 last year.

Slow exports growth takes trade deficit to record high of $23 billion

The current account balance is widely expected to turn into a deficit at around one per cent of GDP during 2021-22

India-China trade deficit stands at $30 billion during Apr-Sept

Major items of import from China include telecom instruments, computer hardware, fertiliser, electronic components, chemicals and drug intermediates

October exports up 42% to $35.47 bn, trade deficit narrows to $19.9 bn

Growth driven by engineering goods, petroleum products, gems and jewellery, and organic and inorganic chemicals