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INDIA MERCHANDISE TRADE
Canada advances trade talks on agreements with India, ASEAN, and the PhilippinesCanadian Minister Maninder Sidhu will visit Mumbai to boost trade ties with India. He will meet with Piyush Goyal to advance economic partn...
Behind the Modi-Xi border thaw, India's dependence on Chinese imports, especially rare earths, keeps deepeningIndia faces a significant trade deficit with China, importing substantially more goods than it exports. Chinese firms offer superior price ...
India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...
India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentationIndia's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numer...
India, Canada working to close CEPA before end of 2026: Commerce Secy Rajesh AgarwalIndia and Canada are working to conclude their Comprehensive Economic Partnership Agreement negotiations this year. The fourth round of tal...
EEPC India calls for eliminating non-tariff barriers and smooth payment mechanism among BRICS nationsEEPC India calls on BRICS countries to dismantle non-tariff barriers and streamline payment systems. Such actions could greatly enhance Ind...
WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcomeTrade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailore...
India’s exports surge to key markets: US shipments rise 21.83%, China 52.35% & Singapore 161% in August; check the latest trade dataTrade data: August saw a notable rise in India’s merchandise exports to both the US and China, with shipments recording strong year-on-year...
Indian diaspora deposits boost capital account to $33.5 billion surplus in July, RBI data showsOverseas deposits from the Indian diaspora significantly boosted the country's capital account surplus. This inflow helped offset the overa...
India’s current account deficit more than doubles to $7 billion in July as trade gap expandsIndia's current account deficit grew to seven billion dollars in July. This widening gap occurred as merchandise imports outpaced exports s...
India's trade deficit narrows to $26.86 bn in August as gold imports plungeIndia’s merchandise trade deficit narrowed marginally to $26.86 billion in August from $27.2 billion a year earlier, as exports rose 26.1% ...
Next phase of India-UAE ties to focus on new areas related to advanced tech, digital economy: UAE BRICS SherpaIndia and UAE will expand cooperation into advanced technology and the digital economy. The Comprehensive Economic Partnership Agreement ha...
BRICS can unlock India’s $200 billion export opportunity by 2030: AssochamIndian exports to BRICS nations could reach two hundred billion dollars by 2030. This growth stems from enhanced south-south cooperation an...
'Bold leap for two economic powerhouses': EU Ambassador designate hails India FTA moving one step closer to finish lineThe India-EU Free Trade Agreement has moved closer to final approval. The European Commission presented the agreement for approval to the E...
A $6 trillion strong bloc: BRICS now accounts for 24% of global exports, says Piyush GoyalCommerce Minister Piyush Goyal said BRICS nations’ exports rose sharply from about $900 billion in 2003 to $6 trillion in 2024, while their...
India's BRICS trade deficit likely to remain key challenge as imports outpace exports: ReportIndia's trade relationship with BRICS nations is set to experience a notable increase in its trade deficit, driven largely by rapidly risin...
The BRICS trade boom has a $226 billion hole for IndiaThe dynamics of India's trade with BRICS nations have transformed, with imports outpacing exports and causing the trade deficit to reach $2...
India's exports under free trade pacts grew faster than imports in April-July: Piyush GoyalExports under free trade agreements are now growing faster than imports. Outbound shipments to FTA partner countries expanded by 23.9 perce...
India’s merchandise exports jump 15% despite global headwinds: Piyush GoyalIndia's merchandise exports saw over fifteen percent growth from April to August. The nation has set ambitious export targets for the upcom...
‘Merchandise exports grew over 15%’: Piyush Goyal sees strong export growth despite global turmoilIndia’s merchandise exports are estimated to have grown by over 15% during April-August this fiscal despite global uncertainties, Commerce ...