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India has trade deficit with 27 countries for last 3 years: Nirmala Sitharaman

India has trade deficit with 27 countries for last 3 years: Nirmala Sitharaman

India has a trade deficit with as many as 27 major countries, including China, Australia, Iraq and Iran, during the last three years.

Trade deficit narrows to $10.4 billion in May

The country's gold imports were however increased by 10.4 percent to $2.42 billion in May this year.

Modi's China trip: Trade gap, non-tariff barriers on the table

India will seek greater market access and removal of non-tariff barriers to bridge widening trade deficit with China during Prime Minister Narendra Modi's visit this month, a senior commerce ministry official said.

India to seek end to non-tariff barriers during Modi's China visit

India will seek abolition of non-tariff barriers during Prime Minister Narendra Modi’s visit to China next week, officials said, as part of efforts to reduce a widening trade deficit and boost local industry.

India's trade deficit with China rose to $37.8 bn in 2014

India's trade deficit with China rose to a whopping USD 37.8 billion last year even as bilateral trade picked up, totalling USD 70.59 billion, a year on year increase of 7.9 per cent.

China is addressing Sino-India trade imbalance: Envoy

Ahead of its President's visit here, China on Tuesday assured that it was making efforts to address India's concerns over the ballooning trade deficit and expressed confidence that the two Chinese industrial parks to be set up in the country will help balance bilateral trade.

Exports up 5.26% in Apr, highest growth in 5 months

Exports in the first month of the current fiscal aggregated at USD 25.63 billion, while imports declined by 15 percent to USD 35.7 billion.

Trade deficit hits 5-month high of $10.51 bn in March

India`s trade deficit hit a five-month high in March as merchandise exports fell for a second straight month, making it tougher for policymakers to lift curbs on gold imports that have helped to narrow the country`s current account gap.

FY14 trade deficit to be $144.9 bn; CAD at $36.8 bn: Citigroup

India's trade deficit for the current financial year is likely to be contained at USD 144.9 billion, helping to narrow the current account deficit to USD 36.8 billion, a Citigroup report says.

US cos need to invest in India's manufacturing sector: Sibal

He also expressed concern over the US visa norms that impact Indian professionals, especially in the IT sector.

Trade deficit narrows to 2-1/2 year low in September on higher export

Rising exports and declining imports in September narrowed the trade deficit to a 30-month low of USD 6.76 billion, which may help to rupee to stabilise after excessive volatility in the past few months.

India concerned about widening trade deficit with China

The Commerce Ministry here has expressed its concern over the widening trade deficit with China, and warned that this won't be sustainable in the long term.

Strong exports not a silver bullet for economy: Moody's

India's exports rose 13 percent in August, the fastest pace in two years, as conditions in overseas markets improved. The trade deficit narrowed to a four month low of USD 11 billion.

Exports up 13% in August; trade deficit dips to $11 bn

India's exports rose to a two year high of 13 percent in August on account of improved global situation, enabling trade deficit to fall to a four month low of USD 11 billion, aided by subdued gold imports.

'Govt ignored warnings on ballooning trade deficit in 2011-12'

Industry body Assocham Thursday said the government ignored warnings thrown up by worsening economic indicators, particularly trade deficit, which rose by a staggering 49 percent during 2011-12, leading to the present crisis of unsustainable current account deficit.

India's Q1 trade deficit with China touches $9.6 bn

India's trade deficit with China in the April-June quarter of the current fiscal touched USD 9.6 billion, the commerce ministry said here Monday.

India has trade deficit with 80 countries: Sharma

"India has a trade deficit with 80 countries in 2012-13. Top ten countries are China, Switzerland, Saudi Arabia, Iraq, Kuwait, Qatar, Venezuela, Nigeria, Australia, and Indonesia," Commerce and Industry Minister Anand Sharma said.

India's trade deficit with China balloons to $12 billion

The India-China trade deficit increased by 34 percent to reach USD 12 billion in the first five months of the year, presenting a bleak picture for Indian exports as bilateral trade continued to decline, denting hopes of achieving a trade volume of USD 100 billion by 2015.

Top commerce team to visit China to discuss trade deficit

A high-powered Indian commerce delegation would visit here next week for talks with Chinese officials to discuss initiatives to broaden market access for Indian products in China and address New Delhi's concerns over the ballooning trade deficit.

Exports up 1.6% in April; trade gap widens to $17.7 bn

India's exports grew for the fourth consecutive month recording a growth of 1.6 percent in April but surge in gold imports pushed up the trade deficit to USD 17.7 billion.