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Decline in Trade |
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| 20-12-2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The details of India’s merchandise export and import in terms of both rupee and US dollar during the last four years and the current year are as follows:
Source: DGCI&S, Kolkata,(*Provisional) Out of the major 20 sectors, only three sectors have declining trend in India’s export and three sectors have declining trend in India’s import during the current year 2017-18 (Apr-Oct) as compared to the corresponding period of the previous year, as detailed below: (Value in US$ Million)
Source: DGCI&S, Kolkata, (* Provisional) The main reasons for declining trend of exports/imports include global and domestic factors such as demand and supply in domestic and international markets, currency fluctuations, cost of credit, logistics costs, etc. This information was given by the Commerce and Industry Minister Shri Suresh Prabhu in a written reply in Rajya Sabha today. |
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