India's exports dip 17% to $29.78 bn in Oct, trade deficit widens to $26.91 bn

India's October trade deficit widens to $27 billion as exports slump 17%

For April-October as a whole, the trade deficit was nearly twice as high as it was in the first seven months of FY22

Exports dip 17% to USD 29.78 billion in October; trade deficit widens to USD 26.91 billion

India's exports entered negative territory after a gap of about two years, declining sharply by 16.65 per cent to USD 29.78 billion in October, mainly due to global demand slowdown, even as trade deficit widened to USD 26.91 billion, according to data released by the commerce ministry on Tuesday.

India’s trade deficit increases to $26.91 billion in October

Commerce Secretary Sunil Barthwal said the October trade data was impacted by the Diwali and Dussehra festive season as factory workers tend to go on leave

India’s exports dip 17% to $29.78 billion in October

Imports increased to $56.69 billion in October 2022 as against $53.64 billion in October 2021

India's exports dip by 17% to $29.78 billion in Oct: Report

Imports during the month under review increased to USD 56.69 billion as against USD 53.64 billion in October 2021.

India's trade deficit in October widens to $26.91 bn, exports down 17%

Imports during October increased to $56.69 billion against $53.64 billion in October 2021