India's imports and exports declined, trade deficit stood at $19.37 billion in September

According to government data, the country's exports have declined by 2.6 percent in the last month i.e. September. According to the data, exports fell 2.6 percent to $34.47 billion from $35.39 billion in the same period last year. Read what is the complete news. If we talk about the trade deficit, the trade deficit in September was 19.37 billion dollars.

Fri, 13 Oct 2023 03:13 PM (IST)
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India's imports and exports declined, trade deficit stood at $19.37 billion in September

Bad news related to India's exports and imports is coming out. According to government figures, the country's exports have decreased by 2.6 percent in the last month i.e. September.

According to the data, exports declined by 2.6 percent to US $ 34.47 billion from US $ 35.39 billion in the same period a year ago.

Imports have also decreased in September. According to the data, imports last month fell by 15 percent to US $ 53.84 billion as against US $ 63.37 billion in the same period a year ago.

If we talk about trade deficit, the trade deficit in September was 19.37 billion dollars.

In the current financial year so far, i.e. from April to September, exports have declined by 8.77 percent to US $ 211.4 billion. Whereas during the same period, imports fell by 12.23 percent to US $ 326.98 billion.

Muskan Kumawat Journalist & Writer