= Trade Deficit Widens To $22.6 Billion In September - Highest In 14 Years
Trade Deficit Widens To $22.6 Billion In September – Highest In 14 Years

Trade Deficit Widens To $22.6 Billion In September – Highest In 14 Years

At $22.6 Billion In September, Trade Deficit Widens To Highest Level In 14 Years

Trade Deficit in September 2021: Trade deficit widened to $22.6 billion last month

The country’s merchandise trade deficit – the gap between imports and exports, widened to a record $22.6 billion in September 2021 – the highest level in at least around 14 years, according to news agency Reuters.

The country’s overall exports (merchandise and services) rose 21.44 per cent to $54.06 billion in September from $44.52 billion in the corresponding month last year, while overall imports grew 70 per cent to $68.49 billion from $40.29 in the year-ago period, according to government data released on Thursday. The purchases of crude oil and gold pushed imports to record-high levels last month.

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