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Increase in Trade Deficit

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..... Increase in Trade Deficit - News and Press Release Dated:- 20-12-2017 - News - 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 .....

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..... trade 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 .....

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..... 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 .....

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..... Kenya Nepal Vietnam Soc Rep 8 Nepal Turkey Turkey 9 Turkey Kenya Sri Lanka DSR 10 Netherland Netherland Netherland 11 .....

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..... Vietnam Soc Rep Vietnam Soc Rep Singapore 12 Singapore Pakistan IR Kenya 13 Mauritius Spain Spain 14 Mozambique Gibraltar Oman 15 .....

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..... Tanzania Rep Egypt A RP Pakistan IR 16 Pakistan IR France Gibraltar 17 Egypt A RP Mozambique Israel 18 Spain Mauritius Italy .....

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..... 19 Philippines Philippines Philippines 20 Israel Ethiopia Egypt A RP 21 Italy Tanzania Rep Mauritius 22 Ethiopia Israel Tanzania Rep .....

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..... 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 duri .....

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..... ng the last three years are as follows: S. No. 2014-15 2015-16 2016-17 1. Textile Allied Products Textile Allied Products Textile Allied Products 2. Transport Equipments Transport Equipments .....

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..... Marine Products 3. Agricultural Allied Products Marine Products Leather Leather Manufactures 4. Marine Products Leather Leather Manufactures Transport Equipments 5. Leather Leather Manufactures Agr .....

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..... icultural Allied Products Articles of stone, plaster, cement, asbestos, mica or similar materials; ceramic products; 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; cerami .....

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..... c 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. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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