India's trade deficit falls 15% in Sept 2015 as exports rise, imports down

October 17, 2015 15:04 IST
India's imports came down by more than 25% from $43.3 billion in September 2014 to $32.3 billion in the same month this year, the data released by Ministry of Commerce and Industry says. However, the country's exports also fell almost 25% during the same period from $28.9 billion to $21.8 billion. At the end of September 2015, however, the trade deficit reduced to $10.5 billion compared to $12.4 billion in the previous month, a drop of 15%. Credit: KBK