India's overall exports, merchandise and services combined, in November were to the tune of USD 67.79 billion, a 9.6 rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 61.85 billion.
During his first term, Trump frequently cited merchandise trade deficits as a rationale for trade actions. While the U.S. trade deficit with mainland China has declined by 18.7 per cent since 2021, reaching USD 287 billion in the 12 months ending September 30, 2024, it remains the largest tr
India's overall exports on Wednesday posted a 14.57 per cent increase year-on-year in January 2023 to USD 65.15 billion, against USD 56.86 billion on January 2022, the Union Commerce ministry stated in a release.
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
Islamabad [Pakistan], June 3 (ANI): Pakistan's merchandise trade deficit in May has ballooned by 134 per cent from the previous year due to lower export proceeds and higher than expected imports, according to data from the commerce ministry on Wednesday.
Mumbai (Maharashtra) [India], Apr 17 (ANI): Acuite Ratings and Research has said the trade data release for March confirms what was already visible earlier -- a sharp reduction in merchandise trade deficit.