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Indian trade deficit narrows to $27.14 billion in Oct; Commerce Secy calls WTO projections pessimistic 1) India's merchandise trade deficit or the gap between import and exports narrowed to $27.14 billion in October, revealed the data released by the Ministry of Commerce and Industry on Thursday. 2) The trade deficit fell by more than 18% on a yearly basis from $33.43 billion in the year-ago period. However, there has been a slight rise from the previous month, when it touched a five-month low in September.

While the US trade deficit widened for a third straight month, the deficit in goods with China fell to its lowest level in three months.  The trade deficit in goods and services rose 1.9 percent month-on-month to $68.9 billion in February, hitting its highest level in nearly a year, Commerce Department data showed on Thursday.  The median estimate of economists surveyed by Bloomberg was for a deficit of $67.6 billion.  The value of imports rose to nearly $332 billion in the month, while exports rose to $263 billion in the same period.  These figures are not adjusted for inflation.  The U.S. goods trade deficit with China narrowed to $21.9 billion in the same period, the lowest on record in three months, indicating a decline in the amount of goods imported from China. 

www.polymerupdate.com *India’s trade deficit widens to a 7-month high in May due to a surge in imports* India’s merchandise trade deficit widened to its highest in seven months in May 2024, as the growth in exports lagged behind the surge in imports of manufactured goods, especially in segments where India heavily depends on overseas suppliers. The surging imports necessitate Indian producers to accelerate exports to narrow the trade deficit or India to achieve a trade surplus. Please open link to read full article: https://bit.ly/3zcZJnF www.polymerupdate.com

Trade deficit widens to ₹1.98 lakh crore in May: Merchandise exports rise to ₹3.18 lakh crore, imports rise to ₹5.17 lakh crore

U.S. trade deficit drops to 5-month low and could add to GDP. Exports hit record high. The U.S. trade deficit sank almost 11% in August because of lower imports of oil and new cars, potentially giving a boost to the official measure of economic growth in the third quarter.

India's Trade in last month Exports -$70.21 billion Imports- $73.12 billion Trade deficit -$2.91 billion Trade deficit is still under control, Soon it will be trade surplus. It is clearly visible that lndia is on the path of progress.

Pakistan's trade deficit for Nov-2024 decreased by 19% YoY to US$1.589bn. Imports decreased by 3% YoY to US$4.4bn, while exports increased by 9% MoM to US$2.8bn. In 5MFY25, Trade deficit clocked in at US$8.7bn down 7% YoY.

Pakistan's trade deficit for Sep-2024 increased by 2% MoM to US$1.78bn. Imports rose by 2% MoM to US$4.58bn, while exports also increased by 2% MoM to US$2.80bn. In 1QFY25, Trade deficit clocked in at US$5.4bn up 4% YoY.

U.S. trade deficit widens to 30-month high as imports flood in before port strike The U.S. trade deficit jumped to a 30-month high in September, keeping the economy from posting a second straight 3% increase in gross domestic product.

India's merchandise trade deficit in February stood at $18.71 billion, according to a Reuters calculation based on export and import data released by the government on Friday Economists had expected the country's February trade deficit to be $18.30 billion India's merchandise exports in February stood at $41.40 billion, while imports were $60.11 billion, government data showed. In the previous month, merchandise exports were $36.92 billion, while imports stood at $54.41 billion https://mybs.in/2dUJsYI