India Goods Trade Balance

Country: India, INR
Importance:
Low
Sector: Trade
Last release
Actual
$-93.600 B
Forecast
Previous
$-87.400 B
Next release
Actual
Coming in 12 days
Forecast
$-77.777 B
Previous
$-93.600 B
Date (GMT)
Reference
Actual
Forecast
4 Q 2015
$-34.000 B
3 Q 2015
$-37.400 B
2 Q 2015
$-34.200 B
1 Q 2015
$-31.700 B
4 Q 2014
$-39.200 B

India's Goods Trade Balance reflects the difference between exported and imported goods in the reference period. Economists use the indicator to evaluate the structure and intensity of trade flows between countries. It is also considered an important indicator of economic development. India has a general trade deficit, with the deficit tending to increase. An increase in the deficit may push the national currency quotes down.