March trade data: March trade deficit at $10.5bn

India Infoline News Service | Mumbai |

March trade deficit highest in five months since October 2013

India released its trade data for March today. The trade deficit narrowed by more than 40 percent from a year ago to $8.13 in February on a sharp fall in imports, further easing pressure on the country's current account balance.
March non-oil imports at $24.3bn Vs $20.12bn (MoM)
March trade deficit at $10.5bn Vs $8.13bn (MoM)
March trade deficit at $10.5bn Vs $10bn (YoY)
FY14 oil imports up 2.2% at $15.78bn Vs $13.7bn (MoM)
FY14 Exports at $29.57bn Vs $25.68bn (MoM)
FY14 imports at 40.08bn Vs $33.81bn (MoM)
March exports highest in last one year
Gold & silver imports down 17.27% at $2.76bn YoY
FY14 gold & silver imports down 40.2% at 33.46bn YoY
March iron ore exports up at 12.31%
FY14 iron ore exports up 1.9% at $1.7bn YoY
March petroleum exports up 0.01% at $60.85bn
March engg exports down 11% at $661 million YoY
FY14 engg exports down 6% at $75.8bn YoY


 

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