India's merchandise exports in October rose by an impressive 17.25 percent year-on-year, highest in over two years, to $39.2 billion, while the trade deficit widened to $27.14 billion on a sequential basis.
According to the government data released on Thursday, imports increased by 3.9 percent to $66.34 billion in October compared to $63.86 billion in the year-ago period, mainly due to a 13.34 percent rise in crude oil imports.
The trade deficit (gap between imports and exports) narrowed as compared to $30.42 billion recorded in October last year. However, it has widened from $20.78 billion recorded in September this year.
The country's merchandise exports have recorded the previous high growth of 30.12 percent in June 2022.
هذه القصة مأخوذة من طبعة November 15, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 15, 2024 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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