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India : Merchandise Trade  
Released On 12/15/2017 12:22:00 PM For Nov, 2017
Balance$-14.02 B$-13.83 B
Exports Y/Y-1.12 %30.55 %
Imports Y/Y7.6 %19.61 %

India's merchandise trade deficit narrowed from $14.02 billion in October to $13.83 billion in November. This decrease in the deficit was mainly driven by stronger export growth, up 30.55 percent on the year after a fall of 1.12 percent in October. Import growth also accelerated but to a lesser extent, with year-on-year growth picking up from 7.60 percent in October to 19.61 percent in November.

Services trade data are released a month after the equivalent merchandise trade data. Services exports grew 3.06 percent on the year in October after a small gain of 0.23 percent in September, while year-on-year growth in services imports strengthened from a decline of 2.40 percent to an increase of 2.96 percent. This resulted in a services trade surplus of $5.45 billion in October, up moderately from $5.28 billion in September.

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

2017 Release Schedule
Released On: 1/132/153/154/135/156/157/148/149/1510/1311/1412/15
Release For: DecJanFebMarAprMayJunJulAugSepOctNov

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