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India trade deficit News

04 Jan 2022

India’s exports up 37% to record USD 37.29 bn in Dec; trade deficit widens

Imports in December too rose by 38 per cent to USD 59.27 billion on account of an increase in oil imports, which soared 65.17 per cent to USD 15.9 billion, government data showed on Monday.

02 Dec 2020

India’s trade deficit narrows to USD 9.96 bn, exports dip 9.07% in Nov 20

In November 2020, the value of non-petroleum exports was USD 21.95 billion, registering a negative growth of 0.03% over Nov 2019 The value of non-petroleum and non-gems and jewellery exports in Nov 2020 was USD 19.26 billion The cumulative value of non-petroleum and non-gems and jewellery exports in April-Nov 2020-21 was USD 144.04 billion

India exports data

15 Jun 2020

India's exports decline 36.47% in May, trade deficit narrows to USD 3.15 bn

Imports also plunged 51 per cent to USD 22.2 billion in May, leaving a trade deficit of USD 3.15 billion, compared to USD 15.36 billion in the same month previous year, according to the government statement.

India trade deficit

16 Jul 2019

India's trade deficit narrows by 7.98% to $15.28 billion in June

India's imports in June 2019 too fell 9.06 percent to USD 40.29 billion in June 2019 as compared to USD 44.30 billion in June 2018, data further showed.

India trade deficit

15 Mar 2019

India's exports up 2.44% in February; trade deficit narrows to $9.60 bn

Imports, however, fell 5.41 percent USD 36.26 billion.

15 Jan 2019

Exports up 0.34% in Dec 2018; trade deficit narrows

The trade deficit stood at USD 14.2 billion in December 2017.

India's Exports

16 Nov 2018

Exports grow by 17.86% in October due to base effect; trade deficit widens

The exports on monthly basis were down compared to USD 27.95 billion in September.

19 Oct 2018

Gold imports up 4% to $17.63 billion in Apr-Sep 2018-19

Imports of the precious metal stood at USD 16.96 billion in April-September 2017-18 financial year, according to the commerce ministry data.

India's Exports

15 Oct 2018

India's exports decline 2.15% in September

Imports, however, went up by 10.45 percent in September.

12 Sep 2018

Exports up 19.21% in August; trade deficit at $17.4 billion

In July, trade deficit soared to a near five-year high of USD 18.02 billion.

India trade deficit

21 Aug 2018

Trade deficit greater concern than rupee, says Niti chief

The sharp surge in imports in July this year had led to worsening of India's trade deficit to 5-year high of USD 18.02 billion.

India trade deficit

15 May 2018

India's April trade deficit widens to $13.7 billion

Goods imports last month were $39.6 billion, a gain of 4.6 percent from a year ago, data from the commerce and industry ministry showed.

India`s gold imports

07 Mar 2018

India's February gold imports plunge a quarter on subdued demand

Lower gold imports could also help the South Asian country reduce its trade deficit, which rose to the highest in more than 4-1/2 years in January.

06 Oct 2017

Indian exports to China up by 40.69% in Jan-Aug period

India's exports to China increased by 40.69 percent year-on-year to reach USD 10.60 billion during the seven months.

05 Sep 2017

India Vs China: A comparison of economic growth

Here is a comparison between Indian and Chinese economy

09 May 2016

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.

16 Jun 2015

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.

08 May 2015

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.

08 May 2015

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 trade deficit

13 Jan 2015

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.

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