India’s August trade deficit in goods at $6.77b | The Daily Star
12:00 AM, September 16, 2020 / LAST MODIFIED: 12:27 AM, September 16, 2020

India’s August trade deficit in goods at $6.77b

India posted a trade deficit of $6.77 billion in goods in August, data released by the government showed on Tuesday.

Merchandise imports contracted 26.04 per cent in August to $29.47 billion from a year ago while exports fell 12.66 per cent to $22.70 billion, data released by the Ministry of Commerce and Industry showed.

Total merchandise imports fell by 43.73 per cent to $118.38 billion during April-August while exports were down 26.65 per cent from the year-ago period to $97.66 billion, the data showed.

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