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Exports enter negative zone, decline 2.15% in Sept; Imports up 10.45%

The trade deficit, or the gap between imports and exports, was estimated at $13.98 billion during September 2018

import, importers
Total buyer credit for the top 160 importers was Rs 331 bn in FY17
Press Trust of India New Delhi
Last Updated : Oct 15 2018 | 4:33 PM IST

India's exports entered negative zone after five months, declining 2.15 per cent in September on a yearly basis, showed government data Monday.

Imports, however, went up by 10.45 per cent in September. The increase works out to be 16.16 per cent during April-September period of 2018-19 financial year.
 

The trade deficit, or the gap between imports and exports, was estimated at $13.98 billion during September 2018. The overall deficit stood at $ 94.32 billion in the first six months of the current fiscal.

Exports were on the rise since April, after declining by 0.66 per cent in March 2018.

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First Published: Oct 15 2018 | 4:25 PM IST

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