The exports in October 2021 stood at 35.7 billion dollar. The imports during the month under review rose to 56.69 billion dollar as compared to 61.16 billion dollar in September. The trade deficit of India was recorded at 26.72 billion dollar during September. In August, it was on lower than 28.68 billion dollar. However, it showed an improvement to over 4 billion dollar with that from 22.47 billion dollar in September 2021
The trade deficit of India rose to 26.91 billion dollar in October. The exports contracted by 16.65 per cent to 29.78 billion dollar in October as against 35.4 billion dollar in September, revealed a data release by the commerce ministry on 15 November.
The exports in October 2021 stood at 35.7 billion dollar.
The imports during the month under review rose to 56.69 billion dollar as compared to 61.16 billion dollar in September. The same during October 2021, was recorded at 53.64 billion dollar.
During the period from April to October, exports showed a growth of 12.55 per cent to 263.35 billion dollar. Imports too went up 33.12 per cent to 436.81 billion dollar, according to the data.
The trade deficit of India was recorded at 26.72 billion dollar during September. In August, it was on lower than 28.68 billion dollar. However, it showed an improvement to over 4 billion dollar with that from 22.47 billion dollar in September 2021.
During the first half of FY22, between April and September, the deficit was 149.47 billion dollar. It was almost double the 76.25 billion dollar deficit posted in the subsequent period in 2021.
The exports between April to September was recorded at 229.05 billion dollar. This was 15.54 per cent higher than 198.25 billion dollar during the first six months of FY22.
There was an increase witnessed in the imports with 37.89 per cent from 274.5 billion dollar in the first half of FY22 to 378.5 billion dollar in the first half of FY23.