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Widening of Trade Deficit

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..... Widening of Trade Deficit
News and Press Release
Dated:- 12-7-2019

The details of India's merchandise exports, imports and trade deficit in May 2018 and May 2019 are as follows: Categor .....

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..... y Value (in Billion USD) May-18 May-19 % Growth May-2019 over May-2018 Export 28.94 29.99 3.63 Import 43.92 45.35 3.27 Trade Deficit -14.97 -15.36 2.59 Source: DGCI&S, Kolkata Trade .....

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..... deficit marginally widened to USD 15.36 billion in May 2019 from USD 14.97 billion in May 2018, with exports growing faster than imports. Exports increased to USD 29.99 billion in May 2019 from USD 2 .....

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..... 8.94 billion in May 2018, registering a positive growth of 3.63% and Import increased to USD 45.35 billion in May 2019 from USD 43.92 billion in May 2018, registering a positive growth of 3.27%. The .....

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..... details of India's exports of Electronic Goods and Organic & Inorganic Chemical sectors in May 2018 and May 2019 are as follows: (Value in USD Million) S. No. Sector May, 2018 May, 2019 % .....

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..... Change 1 Electronic Goods 603.59 911.23 50.97 2 Organic & Inorganic Chemical 1723.77 2079.56 20.64 Source: DGCI&S, Kolkata Exports of Electronic Good and Organic & Inorganic Chemicals have .....

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..... shown high growth in May 2019 over May 2018. This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha today.
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..... - PIB .....

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