Page 4 of trade deficit

Trade deficit hits $26 billion on rising imports; June exports up 23.52% to $40.13 billion

Among high-value segments, the rise in exports in June was led by petroleum products (119%), followed by electronics (61%) and…

July 15, 2022 04:30 IST

Exports rise 16.78% to $37.94 billion in June; Trade deficit at record $25.63 billion

Imports expanded by 51 per cent to USD 63.58 billion in June compared to the year-ago month, the data showed.

July 4, 2022 18:52 IST

Widening trade deficit: Prospects are for a doubling of current account deficit in FY23

The most efficacious policy response to deal with widening trade imbalances is to maintain an open and unrestrictive trade policy,…

June 20, 2022 02:30 IST

Of course, senior government officials have assuaged concerns about financing the CAD.

Imports surge drives up trade deficit to a record $24.3 billion in May

Fresh challenges in the global supply chains, the ban on the export of wheat and curbs on the supplies of…

June 16, 2022 05:30 IST

However, the deficit is going to narrow in the coming years, as exports will continue to rise at a faster pace, riding various production-linked incentive schemes announced for the sector, a senior government official told FE. (Representative image)

Electronics trade deficit hits record $56 billion in FY22

Electronics have remained the second-biggest contributor to the country’s overall merchandise trade deficit, after oil & petroleum products.

June 3, 2022 06:30 IST

Fresh challenges in the global supply chains and the curb on wheat supplies, too, weighed on export growth.

Trade deficit widens to record $23.3 billion in May

Among high-value segments, the rise in exports in May was led by petroleum products (53%), followed by electronics (41%) and…

June 3, 2022 05:30 IST

Exports up 30.7 pc to USD 40.19 bn in Apr; trade deficit widens to USD 20.11 bn

“After a record performance in the last financial year, the exports continued robust growth in April, 2022 with merchandise exports…

May 13, 2022 15:04 IST

Trade deficit widens in April: Where are India’s trade deficit, rupee headed in FY23? experts answer

Barclays says it expects the trade deficit to widen to $250 bln in FY 2023, which would be the largest…

May 4, 2022 09:53 IST

India’s trade deficit widens to $9.9 bln in March; import of petroleum, crude products nearly doubled

“The non-gold trade deficit widened multifold to US$17.5 billion in March 2022 from US$5.1 billion in March 2021, driven by…

April 13, 2022 14:45 IST

The dialogue was preceded by a virtual meeting between Prime Minister Narendra Modi and US President Joe Biden. (File)

India, US resolve to address specific trade concerns

Ministers from the two nations reiterated the importance of a transparent and predictable business environment to facilitate private-sector investment.

April 12, 2022 17:45 IST

The trade deficit in March 2022 was USD 18.69 billion, while it was USD 192.41 billion during entire 2021-22. (File/Reuters)

India’s trade deficit rises 88% in FY22: Govt data

Non-petroleum exports grew by 74 per cent from USD 18.97 billion in March 2020.

April 4, 2022 18:33 IST

In the last fiscal, however, given a Covid-induced demand compression in the economy, imports shrank at a much faster pace than exports, leading to a drop in deficit to just 15% of overall merchandise trade.

At $190 billion, FY22 trade deficit near previous record, but less onerous now

Merchandise exports exceeded an ambitious target of $400 billion for FY22 nine days before the fiscal is set to end,…

March 25, 2022 01:15 IST

Exports up 25.1 pc to USD 34.57 bn in February; trade deficit widens to USD 20.88 bn

Imports during the month too jumped 36 per cent to USD 55.45 billion, with inbound shipments of petroleum and crude…

March 14, 2022 13:34 IST

Exports rise 22.36 per cent to $33.81 billion in February

Imports during the month too jumped by about 35 per cent to USD 55 billion.

March 2, 2022 19:12 IST

Interestingly, for the first time, India has included a digital trade chapter in the FTA, unlike those that were signed in the past. This suggests India is willing to discuss prospects in such emerging areas bilaterally.

FTA to come into effect by early May, Indian goods to get duty-free access to UAE in 5 years

Similarly, India would allow duty-free access to 80% of goods from the UAE now and it would go up to…

February 20, 2022 04:00 IST

Matters haven’t been helped by the fact that the WTO has had to postpone its Ministerial Conferences twice, once in June 2020, and then again in November 2021.

Priorities for global trade in 2022

Easing Covid-19 vaccine access for all—so far determined by bilateral deals and producer companies and facilities like Covax—must be the…

January 27, 2022 04:30 IST

India’s trade deficit could soon double to $200 billion, as domestic demand drives up imports

The country’s trade deficit is expected to widen to $190 billion in the current fiscal year 2021-22, and further to…

January 5, 2022 14:55 IST

vegetable oil prices, oil import bill india, Solvent Extractors' Association of India, world's largest oil buyer, India

Column: Exports & remittances from Gulf Exporting Countries down, but India has narrowed trade deficit 76%. Here’s why

Trade deficit with GCC has narrowed 76% in three years

Updated: May 23, 2016 08:45 IST

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