Page 6 - Trade Deficit

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

India's trade deficit with China widening continuously: Foreign secretary

With a deficit at $47 billion in the first nine months of this year, it the largest deficit India has with any country

Trade deficit at all-time high of $23 bn in Sept on festive season imports

Export growth halves to 23%, imports soar by 85%; repercussions likely on current account balance which is set to hit a deficit in Q2 against surplus in first quarter of current fiscal

India aims for quick-fire trade pacts, shifting strategy as economy revives

Prime Minister's Office reportedly pushing foreign and commerce ministeries to deliver on initial deals with countries including Australia and the UK

Exports rise 46% to $33.28 bn in August; trade deficit widens to $13.8 bn

India's exports rose by 45.76 per cent to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday.

Exports rise nearly 50% in July to $35.43 bn; trade deficit at $10.97 bn

Exports surged 49.85 per cent to $35.43 bn in July on account of healthy growth in petroleum, engineering, and gems and jewellery segments, even as trade deficit widened to $10.97 bn during the month