Page 9 - Trade Deficit

Imports from Hong Kong on the rise as trade gap with China narrows

India's trade deficit with China is on a downward trajectory, and hit a 5-year low in FY20 due to lower imports and higher exports, but trade deficit with Hong Kong continues to rise.

India has the ability to reduce dependence on China, cut deficit: Report

The trade deficit contraction estimate has been made for FY22, assuming for a fourth of the items in the 40 specified sectors being sourced locally, Acuite Ratings and Research said.

Govt likely to fast-track import restrictions on 371 Chinese goods

From toys and plastic goods to sports items, and furniture - goods worth $127 billion - could be placed under restrictions

Trade gap with China set to narrow this year: Explained in charts

Imports from the northern neighbour have been on the wane since 2017-18 when it had peaked to $76 bn.

The Indo-US trade paradox: Understanding a deficit that really might not be

Apart from the fact that a $20 billion trade deficit is nothing to get worked up about, if proper accounting were done this could become less

Exports contract for sixth straight month, trade deficit shoots up

While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December

US trade deficit falls to more than 3-year low as imports decline further

The Commerce Department said on Tuesday the trade deficit decreased 8.2% to $43.1 billion, the smallest since October 2016

Trade deficit narrows to $11.01 billion in October on lower oil imports

Oil imports fell 31.74 per cent to $9.63 billion in October from $14.11 billion in the year-ago period

RCEP members await India's approval as it bargains hard for concessions

Deadline set to be extended by a few months

September exports repeat decline, contract by 6.5% to reach 3-month low

As imports also fall for 4th straight month, trade deficit reduces to 7-month low

Exports contract 6% in August, trade deficit narrows to $13.45 billion

The current account deficit is likely to decline substantially to $10-11 billion in the second quarter

Exports post marginal recovery in July; trade deficit narrows to $13.43 bn

Exports of employment-intensive leather and products saw a fall of 3.7%

Exports rise 2.25% to $26.33 bn in July; trade deficit narrows to $13.43 bn

Oil imports declined 22.15% to $9.6 billion

Exports fall 9.71% to $25 bn in June; trade deficit lowers to $15.28 bn

Imports too declined by 9 per cent to $40.29 billion in June 2019 against $44.3 billion in June 2018 mainly due to falling prices of petroleum products

Trade deficit at 6-month high of $15.4 bn over increasing oil, gold imports

Exports recover to 3.9% in May, up from 0.64% in April

India's exports up 3.93% in May; trade deficit widens to $15.36 bn

Imports rise by 4.31 per cent to $45.35 billion, widening the trade deficit to $15.36 billion in May.

India's April trade deficit widens to $15.33 bn, exports grow marginally

Oil imports grew by 9.26% to $11.38 billion and non-oil imports expanded by 2.78%

Record shipments in FY19 raise export footprint in GDP after 5 years

But credit largely goes to petroleum and gems & jewellery, as share of core exports remains stagnant

India's trade deficit reaches a record high of $176 billion in 2018-19

March exports return to growth charts after a four-month drag

India's trade deficit narrows to $10.89 bn in March, exports grow 11%

Trade deficit was $13.51 billion in March 2018