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India : Merchandise Trade  
Released On 10/13/2017 For Sep, 2017
Balance$-11.64 B$-8.98 B
Exports Y/Y10.29 %25.67 %
Imports Y/Y21.02 %18.09 %

India's merchandise trade deficit narrowed from $11.64 billion in August to $8.98 billion in September, the smallest monthly deficit recorded so far this year. This drop in the deficit was mainly driven by stronger export growth, up 25.67 percent on the year in September after an increase of 10.29 percent in August. Weaker imports also contributed to the lower deficit, with year-on-year growth moderating from 21.02 percent in August to 18.09 percent in September.

Services trade data are released a month after the equivalent merchandise trade data. Services exports advanced 3.97 percent on the year in August after a decline of 1.57 percent in July, while year-on-year growth services imports rebounded sharply from a decline of 1.65 percent to an increase of 18.05 percent. This resulted in a services trade surplus of $5.04 billion in August, down from $5.84 billion in July.

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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