India's Oct. merchandise trade deficit at $27.14 billion

India's October merchandise trade deficit widens to $27.14 bln
India's merchandise trade deficit in October widened more than expected to $27.14 billion, driven by a rise in imports despite exports increasing year-over-year.
India's trade deficit widens to over $27 billion in October
India's merchandise trade deficit widened to $27.14 billion in October, significantly up from $20.8 billion in September due to a faster growth rate in imports, data released today shows. A merchandise trade deficit occurs when a country imports more goods than it exports.
India's Imports from UAE Surge 70% in October: Trade Deficit Widens
India's imports from UAE jumped by 70.37% to USD 7.2 billion in October, leaving a trade deficit of USD 3.5 billion. The FTA between India and UAE came into effect in May 2022.
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 rise in imports despite exports increasing year-over-year. Economists had expected the country's October trade deficit to be $22 billion,
India's merchandise exports jump by 17.25% in Oct
The trade deficit was widened to USD 27.14 billion. Imports increased by 3.9% to USD 66.34 billion in October compared to USD 63.86 billion in the year-ago period.
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