HomeNewsBusinessEconomyTrade deficit widens to $10.16 bn in October: Trade ministry

Trade deficit widens to $10.16 bn in October: Trade ministry

Merchandise exports grew 9.6 percent year-on-year to USD 23.5 billion in October, while imports expanded 8.11 percent year-on-year to USD 33.67 billion, the data showed.

November 16, 2016 / 12:32 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

India's trade deficit in October widened to USD 10.16 billion compared with USD 8.34 billion in the previous month as gold imports more than doubled to USD 3.5 billion from a year ago, government data showed on Tuesday.

Merchandise exports grew 9.6 percent year-on-year to USD 23.5 billion in October, while imports expanded 8.11 percent year-on-year to USD 33.67 billion, the data showed.

Story continues below Advertisement
first published: Nov 15, 2016 06:35 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!