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India's trade deficit declines to $21.94 bn
India's December merchandise trade deficit at $21.94 billion
India's merchandise trade deficit in December stood at $21.94 billion, according to a Reuters calculation based on export and import data released by the government on Wednesday. Economists had expected the country's December trade deficit to be $27.
India Dec Trade Deficit $21.94B vs $18.76B a Year Earlier
Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top
Trade deficit at 3-month low in Dec
India's trade deficit fell to $22 billion in December as exports declined 1% to $38 billion and imports rose 5% to $60 billion. Key factors included a drop in oil product and gems exports, contrasted by rising electronics and garment shipments.
India's merchandise trade deficit for December lower than expected
India posted a narrower-than-expected merchandise trade deficit in December at $21.94 billion on Wednesday, while lowering its import figures for April-November following an unprecedented miscalculation in gold shipments.
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