{"id":9113,"date":"2023-12-15T12:26:07","date_gmt":"2023-12-15T12:26:07","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=9113"},"modified":"2023-12-15T14:45:55","modified_gmt":"2023-12-15T14:45:55","slug":"indias-nov-merchandise-trade-deficit-narrows-sharply-on-subdued-imports","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/9113\/","title":{"rendered":"India&#8217;s Nov merchandise trade deficit narrows sharply on subdued imports"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0India&#8217;s merchandise trade deficit narrowed sharply to $20.58 billion in November from the previous month&#8217;s record levels as imports of gold, petroleum and electronic goods moderated, government data showed on Friday.<\/p>\n<p>The trade deficit in November was lower than the $23.60 billion expectation of economists polled by Reuters.<\/p>\n<p>India&#8217;s merchandise exports in November stood at $33.9 billion, while imports were $54.48 billion, government data showed.<\/p>\n<p>In the previous month, merchandise exports were $33.57 billion, while imports stood at $65.03 billion.<\/p>\n<p>Gold imports nearly halved on month to $3.45 billion in November, an analysis of government data by Reuters showed. Gold imports for October were at $7.2 billion.<\/p>\n<p>Imports of petroleum products were 22% lower in November than the previous month at nearly $13.71 billion. Electronic goods imports registered a near 17% decline in the latest print at $6.49 billion, analysis showed.<\/p>\n<p>Services exports in November were $28.68 billion, while imports were $13.4 billion. In October, services exports were $28.70 billion and imports were $14.32 billion.<\/p>\n<p>The sharp widening in India&#8217;s merchandise trade deficit in October to a record level, fuelled by a broad-based rise in imports due to festive demand, was expected to be an outlier.<\/p>\n<p>India&#8217;s months-long festival demand peaks during Diwali, the festival of lights, which was celebrated on Nov.12.<\/p>\n<p>Merchandise exports for the period April-November totalled $278.80 billion, while imports for the same period reached $445.15 billion, the data showed.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-12-15T14:45:55+00:00\"> 15 December 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"India&#8217;s merchandise trade deficit narrowed sharply to $20.58 billion in November from the previous month&#8217;s record levels as imports of gold, petroleum and electronic goods moderated, government data showed on Friday.","protected":false},"author":1,"featured_media":9114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,17,46,36,19,16,35],"tags":[],"services":[],"class_list":["post-9113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-economy","category-international","category-lastnews","category-news","category-oil","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/9113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=9113"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/9113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/9114"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=9113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=9113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=9113"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=9113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}