Reuters logo
India's trade deficit narrows to 7-month low of $8.98 billion in September
October 13, 2017 / 12:44 PM / 9 days ago

India's trade deficit narrows to 7-month low of $8.98 billion in September

NEW DELHI (Reuters) - India’s trade deficit narrowed to $8.98 billion in September, its lowest in seven months, government data showed on Friday.

A general view of a container terminal is seen at Mundra Port in the western Indian state of Gujarat April 1, 2014. REUTERS/Amit Dave

The deficit was $11.64 billion in August.

Merchandise exports for September rose 25.67 percent from a year ago to $28.61 billion, mainly driven by a rise in export of engineering and oil products.

Goods imports last month were $37.6 billion, a gain of 18.09 percent from the same period last year, data from the commerce and industry ministry showed.

Reporting by Manoj Kumar; Editing by Malini Menon

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below