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India Sept trade deficit in goods at $2.9 bn, merchandise imports dip 19.6%

Total merchandise imports fell by 40.06% to $148.69 billion during April-August while exports were down 21.43% from the year-ago period to $125.06 billion, the data showed

trade deficit

Merchandise imports contracted 19.60% in September to $30.31 billion from a year ago while exports rose 5.27% to $27.40 billion

Reuters New Delhi

India posted a trade deficit of $2.91 billion in goods in September, data released by the government showed on Friday.

Merchandise imports contracted 19.60% in September to $30.31 billion from a year ago while exports rose 5.27% to $27.40 billion, data from the Ministry of Commerce and Industry showed.

Total merchandise imports fell by 40.06% to $148.69 billion during April-August while exports were down 21.43% from the year-ago period to $125.06 billion, the data showed.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 02 2020 | 3:49 PM IST

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