Exports Jump 17.25% In October, Highest In Over 2 Years; Trade Deficit Widens
India's merchandise exports in October rose by an impressive 17.25 per cent year-on-year, highest in over two years, to USD 39.2 billion, while the trade deficit widened to USD 27.14 billion on a sequential basis.
India Oct Trade Deficit $27.14B vs. $30.43B a Year Earlier
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India's October merchandise trade deficit widens to $27.14 billion
India's merchandise trade deficit in October widened more than expected to $27.14 billion, driven by a surge in imports, trade data released by the government on Thursday showed. Economists had expected the country's October trade deficit to be $22 billion,
India’s Trade Deficit Widens More Than Expected in October
India’s trade deficit widened significantly in October as imports climbed during the Hindu festival season, even though exports posted a robust growth.
India's goods trade deficit widens to $27 billion in October
The deficit widened from $20.78 billion in September due to a rise in imports, highlighting persistent challenges in balancing trade despite incremental growth in outbound shipments.
India's October merchandise trade deficit at $27.14 bln
India's merchandise trade deficit in October stood at $27.14 billion, according to a Reuters calculation based on export and import data released by the government on Thursday.
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