India’s merchandise exports rose to USD 34.58 bn in September

India’s merchandise exports rose to USD 34.58 bn in September

New Delhi: India’s merchandise exports in September slightly rose to USD 34.58 billion against USD 34.41 billion a year ago, according to government data released on Wednesday. Imports increased by 1.6 per cent to USD 55.36 billion in September compared to USD 54.49 billion in the year-ago period.

The trade deficit, or the gap between imports and exports, was USD 20.78 billion during the month under review. India’s merchandise exports declined by 9.3 per cent year-on-year in August. Exports during April-September this fiscal increased by one per cent to USD 213.22 billion, and imports grew 6.16 per cent to USD 350.66 billion.

 Imports increased by 1.6 per cent to USD 55.36 billion in September compared to USD 54.49 billion in the year-ago period.  Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today