Exports Enter Negative Zone, Decline 2.15 Per Cent in September
The trade deficit, or the gap between imports and exports, was estimated at $13.98 billion during September 2018.
(Image only for representational purpose)
New Delhi: India's exports entered negative zone after five months, declining 2.15 per cent in September on a yearly basis, showed government data on Monday.
Imports, however, went up by 10.45 per cent in September. The increase works out to be 16.16 per cent during April-September period of 2018-19 financial year.
The trade deficit, or the gap between imports and exports, was estimated at $13.98 billion during September 2018. The overall deficit stood at $94.32 billion in the first six months of the current fiscal. Exports were on the rise since April, after declining by 0.66 per cent in March 2018.
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