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Exports rise marginally in September, Trade-deficit at 5-month low

October 18, 2024
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Exports rise marginally in September, Trade-deficit at 5-month low

New Delhi - India’s trade deficit narrowed to a five-month low of $20.78 billion in September 2024 as goods exports grew a nominal 0.5 per cent (year-on-year) to $34.58 billion, after a two-month consecutive fall, and import growth slowed down to 1.6 per cent to $55.36 billion.

“In merchandise, which is one sector that has been impacted globally, India is doing much better than the global average. Both in terms of merchandise and services exports . . .

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