Trade deficit

India's trade deficit rises 88 per cent in FY22: Government data

While total exports during last fiscal year increased to a record high of USD 417.81 billion, imports too soared to USD 610.22 billion, leaving a trade gap of USD 192.41 billion.

published on : 4th April 2022

February trade deficit widens to $21 billion: Commerce Ministry 

India’s merchandise trade deficit grew to $21.19 billion in February, according to a data released by commerce ministry on Wednesday. 

published on : 3rd March 2022

Trade gap at 5-month low of USD 17.42 billion; exports up 25 per cent in January

India’s merchandise trade deficit shrunk to a five-month low of $17.42 billion as export witnessed a 25.28% year-on-year growth to $34.50 billion in January 2022.

published on : 16th February 2022

India's exports rise by 36.76 per cent to $61.41 billion in January

The country's merchandise exports grew by 25.28 per cent to $34.50 billion in January 2022 from $27.54 billion recorded in January 2021.

published on : 15th February 2022

Exports rise 42.33 per cent to USD 35.47 billion in October

The merchandise imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in October 2020.

published on : 1st November 2021

China says retaliation ready if US tariffs go ahead

Some Chinese exporters say U.S. orders have declined, but Chinese leaders express confidence the economic impact will be modest.

published on : 6th September 2018

Trade war: US firm on tariffs on China goods, Dragon to fight back

As reported earlier, the US has imposed 25 per cent duties on about $34 billion worth of Chinese products including industrial machinery, medical devices and auto parts.

published on : 6th July 2018

US trade deficit with China not sustainable, US President Trump warns Chinses counterpart Xi

The US trade deficit with China increased by 13 percent in 2017, the first year of Trump's presidency, to 1.87 trillion yuan ($288 billion), according to official figures released.

published on : 17th January 2018

India's trade deficit with China stands at USD 37 billion in April-October

The bilateral trade between India and China stood at USD 50.19 billion during the April-October period, as against USD 71.45 billion in the entire 2016-17

published on : 18th December 2017

Post USD 250 billion deal, Trump praises China's 'very special man' Xi Jinping

Trump, who has softened his past criticism of China, again lambasted past US administrations for allowing the $350 billion trade deficit to balloon over the years.

published on : 10th November 2017

India's exports jump 17% to USD 24.5 billion in February; trade deficit widens

Recording positive growth for six months in a row, India's exports soared 17.48 per cent to USD 24.5 billion in February led by petroleum, engineering and chemicals.

published on : 15th March 2017