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

Summary by Ground News
India's goods exports shrank 16.65% in October to $29.78 billion, while imports grew 5.7% to to $56.7 billion. 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.
Published 3 months ago · India

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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.

3 months ago·Mumbai, India
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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

3 months ago·India
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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.

3 months ago·New Delhi, India
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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

3 months ago·India
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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

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

India's merchandise exports fell to $29.78 billion from $35.45 billion in the previous month, while imports declined to $56.69 billion from $61.16 billion in the same period

3 months ago·New Delhi, India
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The Hindu
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Times of India
Business Standard
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