India's exports decline 9.3% to $34.71 billion in Aug. 2024
India's trade deficit widens in August on spike in gold imports, weak exports
India's merchandise trade deficit in August widened to a ten-month high of $29.65 billion after gold imports surged while exports fell, dragged down by climbing shipping costs and sluggish global demand.
India’s gold imports triple amid festive demand, lower import duty
India’s gold imports surged driven by a steep cut in import duty and rising demand ahead of the peak festive season. In terms of quantity, though, gold imports have dropped, according to a gems and jewellery export body.
India's trade deficit widens in August as exports fall and imports hit a record high
India’s total exports, including both merchandise and services, slipped 2.4% in August 2024 from $65.4 billion in the year-ago period. Imports hit a record high of $64.36 billion, up from $62.30 billi
India's August merchandise trade deficit widens to $29.65 billion as exports fall
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising shipping costs and a decline in global demand, data released by the government showed on Tuesday.
India's August trade deficit widens to $29.65 bn after imports hit all-time high of $64.36 bn
India's trade deficit widened to $29.65 billion from $24.2 billion a year earlier, surpassing July's deficit of $23.50 billion. Merchandise exports fell to $34.71 billion from $38.28 billion last August,
Trade deficit widens to $29.7 billion in August
India’s merchandise trade deficit widened to $29.7 billion in August from $23.6 billion in the previous month, data released by the ministry of commerce on September 17 shows. While exports rose to $34.
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