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    <title>India’s Foreign Trade: October 2020</title>
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    <description>Aggregate exports (merchandise plus services) for April-October 2020-21 are estimated below the prior-year period while aggregate imports contract more sharply, producing an estimated overall trade surplus for April-October 2020-21. Merchandise exports decline year on year (with some commodity-specific gains and losses), imports fall substantially-notably oil imports-and non-petroleum/non-gems-and-jewellery exports show limited resilience in October but decline cumulatively. Services show contracting receipts and payments with October services data treated as estimates pending RBI revision.</description>
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