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Bloomberg Quint

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Image Credit: Bloomberg Quint

India’s Trade Deficit Rises To $27.14 Billion In October, Exceeds Estimates

  • India's trade deficit in October rose to $27.14 billion, exceeding estimates.
  • Merchandise exports in October increased by 17.25% to $39.2 billion, while imports rose by 3.9% to $66.34 billion.
  • Services trade exports in October reached $34.02 billion, with imports at $17 billion.
  • Despite global economic volatility, Indian exporters have delivered across key sectors, keeping the country on track to surpass $800 billion in exports this year.

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