NEW DELHI (Reuters) – India’s merchandise commerce deficit in November stood at $37.84 billion, based on a Reuters calculation based mostly on export and import information launched by the federal government.
Economists anticipated the nation’s commerce deficit to be $23.9 billion in November, based on a Reuters ballot.
India’s merchandise exports rose 2.17% year-on-year between April and November, authorities information confirmed, whereas imports grew at a quicker tempo of 8.35%, widening the nation’s commerce deficit. nation.
India’s merchandise exports in November stood at $32.11 billion, whereas imports stood at $69.95 billion, the information confirmed. Within the earlier month, merchandise exports had been $39.2 billion and imports had been $66.34 billion.
In October, the merchandise commerce deficit stood at $27.14 billion.
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