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    <title>India’s Foreign Trade (Merchandise): October, 2015</title>
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    <description>Merchandise trade contracted in October 2015 and for April-October 2015-16 with exports declining and imports falling by a larger proportion, resulting in a narrower trade deficit year on year. Oil imports contributed substantially to the import decline, while non oil imports showed only marginal year to date change. Services trade for September 2015 showed a net export position with receipts exceeding payments.</description>
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