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India’s Export and Import Trends…..

India’s Export and Import Trends…..

The goods exported as well as imported have witnessed downturn Year on Year indicating softening of demand on domestic as well as global level. Some of India’s biggest imports are oil, gems, precious metals, electrical machinery, plastic & organic chemicals. According to latest Ministry of Commerce and Industry figures, exports rose 2.25 percent y-o-y (%) to $26.33 billion from $25.75 billion. Whereas, imports declined by 10.43 percent to $39.76 billion, resulting in decrease in trade deficit to $13.43 billion as against the deficit of $18.63 billion in July 2018.

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With background in e-commerce and IT, Abhay manages operations and backend processes at SAKSHAM Wealth. He is a data cruncher and his expertise with MS Excel helps the team in research.

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