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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.
Trade deficit narrows to $ 21.94 bn in Dec
On an annual basis, trade deficit widened in December 2024 compared to December 2023. The merchandise trade deficit was $18.76 billion in the December 2023, according to the data. Despite global headwinds, some sectors have driven the country’s export growth.
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
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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