<h1>Trade deficit narrows as exports rise and imports fall, improving trade balance amid pandemic recovery.</h1> India's September 2020 merchandise trade shows modest year on year export growth led by non petroleum and non gems & jewellery shipments, while imports-especially oil and non oil categories-declined sharply, producing a substantially narrower monthly trade deficit; commodity data reveal strong gains in select agricultural and mineral exports and pronounced falls in precious metals, certain textiles and transport equipment imports.