Inde Balance Commerciale

The merchandise trade deficit in India was at $20.8 billion in September of 2024, the lowest since April, firmly below market expectations that it would stand at $24.6 billion. Imports grew by 1.6% from the corresponding period of the previous year to $55.4 billion, also the least since April, as key energy commodities that are a large part of Indian foreign purchases had lower prices in wholesale markets. In the meantime, outbound shipments expanded by 0.5% from the previous year to $34.6 billion.