2017 Economic Calendar
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India : Merchandise Trade Balance  
Released On 9/15/2017 For Aug, 2017
PriorActual
Balance$-11.45 B$-11.64 B
Exports Y/Y3.94 %10.29 %
Imports Y/Y15.42 %21.02 %

Highlights
India's merchandise trade deficit widened slightly from $11.45 billion in July to $11.64 billion in August. Exports grew 10.29 percent on the year in August, strengthening from growth of 3.94 percent in July. Meanwhile, year-on-year growth in imports picked up from 15.42 percent in July to 21.02 percent in August.

Services trade data are released a month after the equivalent merchandise trade data. Services exports fell 1.57 percent on the year in July while services imports fell 1.65 percent. This resulted in a services trade surplus of $5.84 billion.

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
 

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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