Thursday, Nov 23, 2017 | Last Update : 02:55 PM IST

India's Oct trade deficit widens to near three-year high of USD 14.02 billion

REUTERS
Published : Nov 14, 2017, 6:15 pm IST
Updated : Nov 14, 2017, 6:17 pm IST

Goods imports last month were USD 37.12 billion, a gain of 7.6 per cent from a year ago.

India’s trade deficit widened to USD 14.02 billion in October, its highest since November 2014. (File Photo)
 India’s trade deficit widened to USD 14.02 billion in October, its highest since November 2014. (File Photo)

New Delhi: India’s trade deficit widened to $14.02 billion in October, its highest since November 2014, from $8.98 billion in the previous month, government data showed on Tuesday.

Merchandise exports for October fell 1.12 per cent from a year ago to $23.1 billion.

Goods imports last month were $37.12 billion, a gain of 7.6 per cent from a year ago, data from the commerce and industry ministry showed.

Tags: trade deficit, imports and exports
Location: India, Delhi, New Delhi