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    <title>INDIA’S MERCHANDISE TRADE: Preliminary Data, October 2020</title>
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    <description>October 2020 merchandise trade data show exports declined year on year while imports fell by a larger percentage, narrowing the monthly trade deficit. Non petroleum and non petroleum/non gems &amp; jewellery exports recorded positive growth for the month, but cumulative April-October 2020 21 figures show declines in exports and a sharper contraction in imports, driven notably by reduced oil imports and falls in several import commodity groups.</description>
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      <description>October 2020 merchandise trade data show exports declined year on year while imports fell by a larger percentage, narrowing the monthly trade deficit. Non petroleum and non petroleum/non gems &amp; jewellery exports recorded positive growth for the month, but cumulative April-October 2020 21 figures show declines in exports and a sharper contraction in imports, driven notably by reduced oil imports and falls in several import commodity groups.</description>
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