Published 1 year ago

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.

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Times of India

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.

1 year ago·India

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The Hindu

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

1 year ago·India

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Hindustan Times

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.

1 year ago·New Delhi, India

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Live Mint

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

1 year ago·New Delhi, India

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