Goods trade deficit hits a 10-month high Context In August, India’s foreign trade hit a new low, with goods exports falling for the seventh consecutive month, services exports falling for the first time in well over a year, and the goods trade deficit reaching a […]
Exports Dip Again And Trade Deficit Hits 5-Month High Context : The trade imbalance in May increased to a five-month high of $22.1 billion as India’s exports of goods dropped 10.3% to $34.98 billion while imports decreased at a slower 6.6% rate to $57.1 billion. […]
Exports drop by 12.2% in 2022 #GS-03 External Sector For Prelims Trade Deficit: Trade deficit or negative balance of trade (BOT) is calculated as the difference between exports and imports when imports are higher than exports. The opposite of trade deficit is termed trade surplus […]
India’s trade deficit #GS-03 External Sector For Prelims Trade Deficit: Trade deficit or negative balance of trade (BOT) is the difference between exports and imports when imports are higher than exports. It can be calculated separately for different goods and services or for international transactions […]