Post Leads  |
 
India’s trade deficit narrows to $13.45 bn in August
Commodity Online | September 16 2019
UPDATED 10:01:10 IST

Crude Oil imports support rise in consumption as production fall in August: Ind-Ra

MCX reports 2-fold jump in Q2 profit

Global Wheat ending stocks may rise to record 287.8 MT in 2019-20: USDA

India's trade deficit narrows to $10.86 billion in September

IMF cuts India's growth forecast to 6.1%

India’s merchandise exports declined 6.05% in August while merchandise imports dropped 13.45% leading to the narrowing of trade deficit to $13.45 billion during the same month, latest data released by the commerce ministry showed.

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.

Shipments of gems and jewellery, engineering goods, petroleum products recorded negative growth, according to the data.

India's oil imports fell 8.90% to $10.88 billion in August from $11.94 billion in a year-ago period.

 

Commodity Arrivals Rate
Mustard Oil 40 8600.00
Coconut Oil 0.1 14700.00
Arecanut 13 24500.00
Sugar 386 3342.00

More

×