Page 5 - Trade Deficit
Exports rise 22% to $33.8 bn in Feb; trade deficit widens to $21.19 bn
India's exports rose by 22.36 per cent to $33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to $21.19 bn
 "Exports rise 22% to $33.8 bn in Feb; trade deficit widens to $21.19 bn")
Japan's deficit reaches 8-year high as cost of energy imports soars
The amount is the biggest since January 2014, when the trade deficit totaled nearly 2.8 trillion yen.
 "Japan's deficit reaches 8-year high as cost of energy imports soars")
Japan's trade deficit soars to 8-year high as commodity imports jump
The growing trade deficit highlights the world's third-largest economy's vulnerability to soaring commodity costs, on which manufacturers rely for production at home
 "Japan's trade deficit soars to 8-year high as commodity imports jump")
India, South Korea to discuss market access issues on Tuesday
Exports did not witness a massive jump, despite a free trade agreement between both nations
 "India, South Korea to discuss market access issues on Tuesday")
US trade deficit widens sharply in November to $80.2 bn as imports surge
The US trade deficit widened sharply to $80.2 billion in November 2021 as imports surged, the Commerce Department reported.
 "US trade deficit widens sharply in November to $80.2 bn as imports surge")
Exports rise 27.16% to $30.04 bn in Nov; trade deficit at $22.91 bn
India's merchandise exports jumped 27.16 per cent to USD 30.04 billion in November on the back of good performance by sectors like petroleum products, engineering goods and electronic items
 "Exports rise 27.16% to $30.04 bn in Nov; trade deficit at $22.91 bn")
Rupee closes at near 18 month-low, ends at 75.52 to the dollar
The rupee touched 76.92 a dollar in the intraday trade on April 22 last year.
 "Rupee closes at near 18 month-low, ends at 75.52 to the dollar")
Slow exports growth takes trade deficit to record high of $23 billion
The current account balance is widely expected to turn into a deficit at around one per cent of GDP during 2021-22
 "Slow exports growth takes trade deficit to record high of $23 billion")
India-China trade deficit stands at $30 billion during Apr-Sept
Major items of import from China include telecom instruments, computer hardware, fertiliser, electronic components, chemicals and drug intermediates
 "India-China trade deficit stands at $30 billion during Apr-Sept")
October exports up 42% to $35.47 bn, trade deficit narrows to $19.9 bn
Growth driven by engineering goods, petroleum products, gems and jewellery, and organic and inorganic chemicals
 "October exports up 42% to $35.47 bn, trade deficit narrows to $19.9 bn")
India's trade deficit with China widening continuously: Foreign secretary
With a deficit at $47 billion in the first nine months of this year, it the largest deficit India has with any country
 "India's trade deficit with China widening continuously: Foreign secretary")
Trade deficit at all-time high of $23 bn in Sept on festive season imports
Export growth halves to 23%, imports soar by 85%; repercussions likely on current account balance which is set to hit a deficit in Q2 against surplus in first quarter of current fiscal
 "Trade deficit at all-time high of $23 bn in Sept on festive season imports")
India aims for quick-fire trade pacts, shifting strategy as economy revives
Prime Minister's Office reportedly pushing foreign and commerce ministeries to deliver on initial deals with countries including Australia and the UK
 "India aims for quick-fire trade pacts, shifting strategy as economy revives")
Exports rise 46% to $33.28 bn in August; trade deficit widens to $13.8 bn
India's exports rose by 45.76 per cent to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday.
Exports rise nearly 50% in July to $35.43 bn; trade deficit at $10.97 bn
Exports surged 49.85 per cent to $35.43 bn in July on account of healthy growth in petroleum, engineering, and gems and jewellery segments, even as trade deficit widened to $10.97 bn during the month
 "Exports rise nearly 50% in July to $35.43 bn; trade deficit at $10.97 bn")
India's trade deficit with China dips to $44 billion in 2020-21
Imports from China during 2018-19, 2019-20 and 2020-21 were worth $70.32 billion, $65.26 billion and $65.21 billion
 "India's trade deficit with China dips to $44 billion in 2020-21")
Exports rise 47.91% in July to $35.17 bn; trade deficit at $11.23 bn
Country's exports grew by 47.19 per cent to $35.17 bn on account of healthy growth in outbound shipments of petroleum, engineering, gems and jewellery, according to data of commerce ministry
 "Exports rise 47.91% in July to $35.17 bn; trade deficit at $11.23 bn")
United States goods trade deficit widens; inventories increase
The report was published ahead of Thursday's advance second-quarter gross domestic product data.
 "United States goods trade deficit widens; inventories increase")
Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn
India was a net importer, with trade deficit of $9.4 bn vs $710-mn surplus last yr
 "Exports see nearly 50% jump to $33 bn in June; trade deficit at $9.37 bn")
Exports rise by 48% to $32.5 bn in June; trade deficit at $9.37 bn
The country's exports rose by 48.34 per cent to $32.5 billion on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, leather and marine goods
 "Exports rise by 48% to $32.5 bn in June; trade deficit at $9.37 bn")
