Page 9 - Trade Deficit
Trade deficit narrows to $17.4 billion in August from $18.2 billion in July
India imported gold worth $3.63 billion in August, with inbound trade shooting up by more than 90 per cent
 "Trade deficit narrows to $17.4 billion in August from $18.2 billion in July")
What are the reasons for the five-year high trade deficit in July
Despite India's huge dependence on oil, it has not been the largest contributor to the trade deficit
 "What are the reasons for the five-year high trade deficit in July")
India's biggest trade deficit in more than five years adds to rupee's woes
While a weaker rupee is positive for exports, it poses an inflation risk for a nation that imports more than 80 per cent of its crude-oil needs
 "India's biggest trade deficit in more than five years adds to rupee's woes")
Trade deficit widens to 5-yr high in July; exports grow by 14.3%
The trade deficit increased to $18.02 billion in July, up from $16.61 billion in June
 "Trade deficit widens to 5-yr high in July; exports grow by 14.3%")
July trade deficit widens to over 5-yr high of $18.02 bn due to oil imports
The trade deficit widened as oil imports surged 57.41% to $12.35 bn
 "July trade deficit widens to over 5-yr high of $18.02 bn due to oil imports")
India's trade deficit widens to five-year high in June; exports up 17.57%
Major labour-intensive sectors showed signs of built up stress reducing and growth approaching
 "India's trade deficit widens to five-year high in June; exports up 17.57%")
Exports drop over PM Modi period, trade deficit highest since 2012-13
India's exports to Africa between 2014 and 2018 dipped by 4.22% and imports increased 1%; during 10 years of UPA rule, exports to Africa increased 22% and imports 59%
 "Exports drop over PM Modi period, trade deficit highest since 2012-13")
India's CAD triples to 1.9% in Q4 year-on-year, pegged at 1.6% in FY18
RBI said the widening of the CAD on a year-on-year (y-o-y) basis in fourth quarter was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
 "India's CAD triples to 1.9% in Q4 year-on-year, pegged at 1.6% in FY18")
Higher trade deficit pushes up Q3 CAD to 2% of GDP at $13.5 billion
Net services receipts rose 17.8% during the reporting quarter mainly on the back of a rise in net earnings from software services and travel receipts
April-Oct trade deficit soars 60% to $88 billion: DBS report
Due to weak exports and a sharp rise in imports
 "April-Oct trade deficit soars 60% to $88 billion: DBS report")
Trade deficit narrows to 7-month low of $8.98 bn in Sept; exports rise 26%
The deficit was $11.64 billion in August
 "Trade deficit narrows to 7-month low of $8.98 bn in Sept; exports rise 26%")
Trade deficit may narrow to $10.3 bn in Aug from $11.5 bn: Morgan Stanley
Cumulative export during April-July of 2017-18 rose by 8.91 per cent to $94.75 billion
 "Trade deficit may narrow to $10.3 bn in Aug from $11.5 bn: Morgan Stanley")
Led by gold imports, May trade deficit jumps to 30-month high
New Delhi, 15 JuneExports for the month of May went up 8.3 per cent year-on-year, a ninth straight month of growth. However, the rate of rise was still lower than April, when exports grew 19.4 per cent. The combined trade deficit for April and May, first two months of 2017-18, jumped a staggering 143 per cent year-on-year, showed data issued by the commerce ministry on Thursday.Imports for May grew 33 per cent; for April-May combined, they grew 40 per cent. Total imports rose mainly on the back of petroleum products, gold and electronic goods, pearls, precious and semi-precious stones, and machinery. Gold imports for May grew 237 per cent.Outbound trade was $24 billion, compared with $22.2 bn for the same period last year. Imports were $37.9 bn for May, compared with $28.4 bn in May last year. The trade deficit for May was $13.8 bn, compared with $6.3 bn for the same period last year. The April-May deficit was $27.1 bn, compared with $11.1 bn in April-May 2016."While the growth of ...
 "Led by gold imports, May trade deficit jumps to 30-month high")
Trade deficit widens to 30-month high in May at $13.8 bn
Merchandise exports for May came in at $24.01 bn, up 8.32% from a year ago
 "Trade deficit widens to 30-month high in May at $13.8 bn")
T N Ninan: Addressing the deficit
More effective promotion of domestic manufacturing, mining can reduce trade deficit in key sectors
Exports jump 28% in March; trade deficit swells to 4-month high of $10.4 bn
However, at $274 bn, exports fail to exceed $300 bn in FY17 for second year in a row
 "Exports jump 28% in March; trade deficit swells to 4-month high of $10.4 bn")
Trade deficit widens to four-month high of $10.4 bn in March
Imports surged 45.25% on year to $39.67 bn
 "Trade deficit widens to four-month high of $10.4 bn in March")
Trade deficit with China at $46.7 bn in Apr-Feb: Govt
Overall trade with China during the 11-month period decreased marginally by 0.87% to $64.57 billion
 "Trade deficit with China at $46.7 bn in Apr-Feb: Govt")
Exports jump 17.5% to $24.5 bn in February
Feb trade deficit narrows to $8.9 bn as against $9.84 bn in Jan
 "Exports jump 17.5% to $24.5 bn in February")
Trade deficit narrows to $9.8 billion in January
Exports grew 4.3% to $22.12 bn while imports rose at highest pace in more than two years to $31.9 bn
 "Trade deficit narrows to $9.8 billion in January")
