November 15, 2018 / 12:36 PM / a month ago

India's October trade deficit widens to $17.13 bln - trade ministry

NEW DELHI, Nov 15 (Reuters) - India’s October trade deficit widened to $17.13 billion due to a higher oil import bill, the country’s trade ministry said in a statement on Thursday.

In September, the trade deficit was at $13.98 billion.

India, the world’s third-biggest crude importer, buys over 80 percent of its oil needs from overseas markets.

The country’s oil imports in October totalled $14.21 billion, up 52.64 percent from a year earlier, the data showed. (Reporting by Nidhi Verma; Editing by Subhranshu Sahu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below