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India's October Merchandise Trade Deficit Increases To $26.91 Billion
15 Nov 2022, 02:55 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![Imports declined to to $56.69 billion from $61.16 billion in the same period.](https://media.assettype.com/bloombergquint%2Fimport%2Fklfgnd9_rupee-generic_625x300_15_November_22.jpg%3Fim%3DFitAndFill%2Calgorithm%3Ddnn%2Cwidth%3D650%2Cheight%3D400?auto=format%2Ccompress&w=200)
Imports declined to to $56.69 billion from $61.16 billion in the same period.
India's merchandise trade deficit in October widened to $26.91 billion from $25.71 billion in the previous month, a Reuters calculation based on export and import data released by the government on Tuesday showed.
India's merchandise exports fell to $29.78 billion from $35.45 billion in the previous month, while imports declined to to $56.69 billion from $61.16 billion in the same period, the data showed.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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