Trade Deficit

EXIM Data: Trade Deficit narrows by 10 billion USD

January 23, 2023

The Government of India recently revised its import bill. With this revision, the country’s foreign trade between April 2022 and November 2022 differs from the estimates made by the Ministry of Commerce. Import bill has been increased or decreased in ..

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India-China Trade Reaches All-Time High

January 14, 2023

The trade between India and China reached an all-time high of USD 135.98 billion in 2022, even as New Delhi’s trade deficit with Beijing crossed the USD 100 billion mark for the first time, according to data released by the ..

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India’s Trade Deficit in 2021-22

April 6, 2022

The trade deficit of India rose by 87.5 percent from USD 102.63 billion in 2020-21 to USD 192.41 billion in 2021-22. The total export in the last fiscal year touched a record margin of USD 417.81 billion, the imports for ..

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India-China Trade in 2021

January 17, 2022

The trade between India and China was around 125 billion USD in 2021. India’s imports from China stood at 100 billion USD. Most of the import demands were in machinery. India – China Trade in 2021 India faced a trade ..

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India – Korea Trade Talks

January 11, 2022

On January 11, 2022, India and Korea held a bilateral trade talk. The talks focused on non – tariff barriers, market access issues, trade deficit faced by the Indian exporters. The countries also discussed investment related issues. Background The India ..

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India’s Monthly Goods Exports – Current Trend

January 4, 2022

The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD of goods. Key Findings of the report The export demand for goods ..

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