US trade deficit drops to $41.9 billion in July

The US trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones.

US trade gap narrows in July

The US trade deficit narrowed in July as exports increased and imports fell sharply, led by a decline in consumer goods, the Commerce Department reported Thursday.

US trade gap widens 7.1% to $43.8 billion in June

The US trade deficit widened in June as the strong dollar encouraged imports and weighed on exports amid weaker growth in the global economy, official data released Wednesday showed.

US trade deficit widens to $41.9 bn in May

The US trade deficit widened modestly in May as exports fell more than imports, the Commerce Department reported Tuesday.

Exports in January contract by 11.19%, steepest decline in 2-1/2 years

Exports in January contract by 11.19%, steepest decline in 2-1/2 years

Registering the steepest decline in two and a half years, exports contracted by 11.19 percent to USD 23.88 billion in January but trade deficit improved marginally because of cheaper oil imports.

Exports contract by 11.19% to $23.88 bn in January

Exports contract by 11.19% to $23.88 bn in January

India's exports in January contracted by 11.19 percent to USD 23.88 billion while the trade deficit rose from a 10-month low and narrowed the gap to USD 8.32 billion.

India can explore export potential in food items to China

India can explore export potential of food products like dairy products, marines, fresh and processed items to China with a view to bridge the widening trade gap, industry officials said today.

Exports grow by 2.73% in Sept; trade deficit at 18-month high

India's exports grew marginally by 2.73 percent in September, but a surge in gold imports pushed the trade deficit to about 18-months high of USD 14.2 billion.

Exports grow at 2.73% in Sept; trade deficit widens to $14.2 bn

India's exports rose from a 5-month low in August to grow at 2.73 percent in September to USD 28.9 billion while registering a growth of 6.7 percent during the April-September period.

US private hiring slows, trade deficit widens

Private employers added 179,000 jobs to their payrolls last month after hiring 215,000 workers in April.

US trade gap narrows in March on export jump

Jumps in exports of aircraft and automobiles and a fall in the oil import bill helped narrow the US trade deficit in March, Commerce Department data showed Tuesday.

Export growth slows to six-month low of 3.49% in December

India's exports stood at USD 26.3 billion in December compared with USD 25.4 billion in the same month of 2012.

Exports rise 3.49% in December, imports dip 15.25%

However, growth in exports was slower than in November, when outbound shipments rose 5.86 percent.

India's exports in December rise 3.49% to $26.35 bn

The country's gold and silver imports stood at USD 1.77 billion in December compared to USD 5.6 billion year-on-year.

Industry cheers export nos; seeks restoration of drawback rates

"The steady rise in exports augurs well for the economy. Growing exports reflect the dynamism of Indian exporters as well as the impact of proactive support from the Government," Ficci President Naina Lal Kidwai said.

Exports rise 13.47% in Oct to a 2-year high even as trade gap widens

Recovery in global markets pushed the country's exports to a two year high of 13.47 percent to USD 27.2 billion in October even as trade deficit worsened on account of rise in gold imports.

Trade gap set for huge improvement on lower imports: Analysts

India's Current Account Deficit is likely to narrow during 9 months (July-March) of the current fiscal to touch a low of 1.5 percent of GDP.

Govt sets up committee to boost exports from MSMEs

Worried over widening trade gap, the government has set up a six-member inter-ministerial committee under the chairmanship of Finance Secretary R S Gujral that will suggest measures to boost MSME exports.

Increase in trade gap, slow services exports growth hike CAD

Increase in trade gap and slow growth in services exports have pushed the country's current account deficit to USD 32.7 billion during the first half of the current fiscal.