India Sept trade deficit in goods at $2.9 bn, merchandise imports dip 19.6%

Total goods imports fell by 40.06% to $148.69 billion for the duration of April-August whilst

Total goods imports fell by 40.06% to $148.69 billion for the duration of April-August whilst exports had been down 21.43% from the calendar year-in the past period to $125.06 billion, the data confirmed

Topics
trade deficit | merchandise imports | Exports


Reuters  | 
New Delhi 

India posted a trade deficit of $two.91 billion in goods in September, data introduced by the governing administration confirmed on Friday.

Merchandise imports contracted 19.sixty% in September to $thirty.31 billion from a calendar year in the past whilst exports rose 5.27% to $27.40 billion, data from the Ministry of Commerce and Industry confirmed.

Total goods imports fell by 40.06% to $148.69 billion for the duration of April-August whilst exports had been down 21.43% from the calendar year-in the past period to $125.06 billion, the data confirmed.

(Only the headline and photo of this report could have been reworked by the Company Common staff members the relaxation of the content is car-created from a syndicated feed.)

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Initial Printed: Fri, Oct 02 2020. 15:49 IST