India posted a record high trade deficit

[JackSeal]

India posted a record high trade deficit of USD 25.64 billion in June of 2022, preliminary estimates showed. Imports jumped 50.1% year-on-year to an all-time high of USD 63.58 billion amid rising global commodity prices. Exports rose at a slower 16.8% to USD 37.94 billion as global economic uncertainty and weak growth prospects weighed on demand. In the first quarter of the current fiscal year ending June, the trade deficit more than doubled to $70.25 billion from $31.42 billion a year ago. source: Ministry of Commerce and Industry, India

[Picheshwar]

Nice to see india creating records 

[bhaigan]

1 minute ago, Picheshwar said:

Nice to see india creating records 

That's not record very similar to Srilanka

only thing is India wont import food

[Forgive_Me]

[MiryalgudaMaruthiRao]

@Maddhali_Shivareddy

[Piracy Raja]

[Picheshwar]

5 hours ago, bhaigan said:

That's not record very similar to Srilanka

only thing is India wont import food

Edhokati kottama leda anthe 

[Spartan]

7 hours ago, JackSeal said:

India posted a record high trade deficit of USD 25.64 billion in June of 2022, preliminary estimates showed. Imports jumped 50.1% year-on-year to an all-time high of USD 63.58 billion amid rising global commodity prices. Exports rose at a slower 16.8% to USD 37.94 billion as global economic uncertainty and weak growth prospects weighed on demand. In the first quarter of the current fiscal year ending June, the trade deficit more than doubled to $70.25 billion from $31.42 billion a year ago. source: Ministry of Commerce and Industry, India