2017 Economic Calendar
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India : Merchandise Trade Balance  
Released On 11/14/2017 For Oct, 2017
PriorActual
Balance$-8.98 B$-14.02 B
Exports Y/Y25.67 %-1.12 %
Imports Y/Y18.09 %7.6 %
Definition
The merchandise trade balance measures the difference between imports and exports of goods. The level of the international trade balance, as well as changes in exports and imports, indicate trends in foreign trade and can offer a guide to an economy's competitiveness. Alongside the merchandise data, exports and imports of services are also provided. The statistics, which are not seasonally adjusted, are reported in both local currency and U.S. dollars, the latter being the main market focus.
 

Why Investors Care
Changes in the level of imports and exports, along with the difference between the two (the trade balance) are a valuable gauge of economic trends here and abroad. While these trade figures can directly impact all financial markets, they primarily affect currency values in foreign exchange markets.

Imports indicate demand for foreign goods and services in India. Exports show the demand for Indian goods in countries overseas. The rupee can be particularly sensitive to changes in the trade deficit run by India, since the trade imbalance creates greater demand for foreign currencies. The bond market is also sensitive to the risk of importing inflation. Data are reported in US dollars and Indian rupees.

Frequency
Monthly

Source
Ministry of Commerce and Industry Department of Commerce, Economic Division

Availability
Monthly. Usually around the 11 of the month for the preceding month. Data released on March 11 were for February.

Revisions
Yes


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