TaxTMI 
TaxTMI 
Increase in Trade Deficit
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....ncrease in Trade Deficit <br>News and Press Release<br>Dated:- 20-12-2017<br><BR>India's merchandise exports registered a positive growth of 5.17% during 2016-17 over 2015-16 and 12.01% during 2017-18 (Apr-Nov) over 2016-17 (Apr-Nov). Further, India's merchandise trade deficit has been declining for last two years. The names of the top 25 countries/SAR with which India has registered favourable t....
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....rade balance during the last three years are as follows: S. No. 2014-15 2015-16 2016-17 1 U S A U S A U S A 2 Hong Kong U Arab Emts U Arab Emts 3 U Arab Emts Hong Kong Bangladesh PR 4 Sri Lanka DSR Bangladesh PR Hong Kong 5 Bangladesh PR Sri Lanka DSR Nepal 6 U K U K U K 7 Kenya Nepal Vietnam Soc Rep 8 Nepal Turkey Turkey 9 Turkey Kenya Sri Lanka DSR 10 Ne....
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....therland Netherland Netherland 11 Vietnam Soc Rep Vietnam Soc Rep Singapore 12 Singapore Pakistan IR Kenya 13 Mauritius Spain Spain 14 Mozambique Gibraltar Oman 15 Tanzania Rep Egypt A RP Pakistan IR 16 Pakistan IR France Gibraltar 17 Egypt A RP Mozambique Israel 18 Spain Mauritius Italy 19 Philippines Philippines Philippines 20 Israel Ethiopia Egypt A RP ....
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.... 21 Italy Tanzania Rep Mauritius 22 Ethiopia Israel Tanzania Rep 23 Gibraltar Sudan Ethiopia 24 Oman Mexico Portugal 25 Jordan Uganda Mexico Source: DGCI&S, Kolkata The names of the sectors in which India has favourable trade balance during the last three years are as follows: S. No. 2014-15 2015-16 2016-17 1. Textile & Allied Products Textile & Allied Products Textile....
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.... & Allied Products 2. Transport Equipments Transport Equipments Marine Products 3. Agricultural & Allied Products Marine Products Leather & Leather Manufactures 4. Marine Products Leather & Leather Manufactures Transport Equipments 5. Leather & Leather Manufactures Agricultural & Allied Products Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic produc....
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....ts; glass and glassware 6. Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; glass and glassware Agricultural & Allied Products 7. Plantation Plantation Plantation 8. Sports Goods Sports Goods Base Metals 9. -- -- Office Equipments ....
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.... 10. -- -- Sports Goods Source: DGCI&S, Kolkata This information was given by the Commerce and Industry Minister Shri Suresh Prabhu in a written reply in Rajya Sabha today.<BR> News - Press release - PIB....