India's merchandise trade deficit expanded in August as the rise in imports was accompanied by a fall in exports.
Key Export Items
Exports of engineering goods stood at $9.4 billion, 4.4% higher year on year.
Petroleum product exports were at $6 billion, 37.6% lower than a year earlier.
Gems and jewellery exports were at $2 billion, 23.1% lower on an annual basis.
Organic and inorganic chemical exports were at $2.4 billion, 8.3% higher on an annual basis.
Drugs and pharmaceutical exports were at $2.3 billion, 4.7% higher from over a year earlier.
Electronic exports were at $2.3 billion, 7.9% higher from over a year earlier.
Key Import Items
Petroleum, crude, and product imports were down 32.4% from a year ago to $11 billion.
Imports of electronic goods were at $8.9 billion, 12.8% higher over a year earlier.
Machinery, electrical and non-electrical goods were at $5 billion, up 10.2% over the previous year.
Gold imports stood at $10 billion, 103.7% higher than a year ago.
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