Business & Investment

India’s September trade deficit widens to $ 22.6 billion

India’s commodity trade deficit widened to a record $ 22.6 billion in September, the highest in at least about 14 years, government data released Thursday.

India’s commodity exports increased 22.63% year-on-year to $ 33.79 billion in September due to strong performance in key sectors such as engineering and petroleum products.

Commodity imports in September were $ 56.39 billion, an increase of 84.77% year-on-year.

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India’s September trade deficit widens to $ 22.6 billion India’s September trade deficit widens to $ 22.6 billion

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