1. November trade deficit narrows from October at $13.82 billion as exports rise 30%

November trade deficit narrows from October at $13.82 billion as exports rise 30%

Exports in the month of November rose 30.55% to $26.19 billion from $23.10 in October, after a downfall due to the Goods and Services Tax, however, the trade deficit, which also showed a little improvement, stayed as high as $13.82 billion

By: | Updated: December 15, 2017 6:26 PM
(Image: Reuters)

Exports in the month of November rose 30.55% to $26.19 billion from $23.10 in October, after a downfall due to the Goods and Services Tax, however, the trade deficit, which also showed a little improvement, stayed as high as $13.82 billion. According to data by the Commerce Ministry, November exports rose 30.55% to $26.19 billion and the trade deficit widened to $13.82 billion, PTI reported.

Oil imports, at the same time, also rose to $9.55 billion as compared to $9.29 billion in October, while non-oil imports were recorded $30.47 billion as compared to $27.83 billion in October. Gold import also in November by 25.96% to $3.26 billion. Last month, it was at $2.94 billion.

Details awaited…

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top