{"id":906,"date":"2014-12-20T00:00:00","date_gmt":"2014-12-19T18:30:00","guid":{"rendered":""},"modified":"2015-12-30T15:24:07","modified_gmt":"2015-12-30T09:54:07","slug":"the-gap-between-value-of-import-and-export-that-is-trade-deficit-has-also-increased-during-1990-91-to-2013-14","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/exim\/the-gap-between-value-of-import-and-export-that-is-trade-deficit-has-also-increased-during-1990-91-to-2013-14\/","title":{"rendered":"The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14"},"content":{"rendered":"<table width=\"100%\">\n<tbody>\n<tr>\n<td style=\"text-align:center\"><span style=\"text-align:center\"><strong>Foreign Trade&nbsp;<\/strong><\/p>\n<p><\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align:justify\">The foreign trade (export+import) has increased from 42 billion US $, in 1990-91 to 765 billion US$ in the year 2013-14 with an annual average growth rate of 13.42% and has increased 18 folds during the period.&nbsp;<\/p>\n<p>The gap, between value of import and export, which is Trade deficit, has also increased during the said period. The trade deficit has increased from 6 billion US $ in 1990-91 to 136 billion US $ in 2013-14. Foreign trade i.e. exports and imports are influenced by a number of macroeconomic factors of the country and the world, like demand and supply, exchange rates, economic conditions of different countries.&nbsp;<\/p>\n<p>Top 10 countries, which have imported more from India than exported to India during 2013-14 are USA, Singapore, Bangladesh, Hong Kong, Netherlands, Sri Lanka, U.K., Kenya, Nepal, Vietnam etc. whereas during 1990-91 such countries were USSR, Hong Kong, Bangladesh, Thailand, Sri Lanka, Egypt, Mauritius, Spain, Afghanistan, Nigeria etc.&nbsp;<\/p>\n<p>The details of country wise Exports and Imports and quantity are available in the DGCI&amp;S publication in CD form namely \u2018Monthly Statistics of Foreign Trade of India\u2019 Vol. I (Exports) &amp; Vol.II (Imports). Such CD\u2019s are regularly sent to Parliament Library by DGCI&amp;S, Kolkata.&nbsp;<\/p>\n<p>This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce &amp; Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.&nbsp;<\/p>\n<div style=\"text-align:center\">******<\/div>\n<p>RC&nbsp;<br \/>(Release ID :113742)<br \/>Source PIB<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign Trade&nbsp; The foreign trade (export+import) has increased from 42 billion US $, in 1990-91 to 765 billion US$ in the year 2013-14 with an annual average growth rate of 13.42% and has increased 18 folds during the period.&nbsp; The gap, between value of import and export, which is Trade deficit, has also increased during &#8230; <a title=\"The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14\" class=\"read-more\" href=\"https:\/\/taxclick.org\/type\/exim\/the-gap-between-value-of-import-and-export-that-is-trade-deficit-has-also-increased-during-1990-91-to-2013-14\/\" aria-label=\"More on The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[242,224],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14 - All About Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxclick.org\/type\/exim\/the-gap-between-value-of-import-and-export-that-is-trade-deficit-has-also-increased-during-1990-91-to-2013-14\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The gap, between value of import and export, that is Trade deficit, has also increased during 1990-91 to 2013-14 - All About Finance\" \/>\n<meta property=\"og:description\" content=\"Foreign Trade&nbsp; The foreign trade (export+import) has increased from 42 billion US $, in 1990-91 to 765 billion US$ in the year 2013-14 with an annual average growth rate of 13.42% and has increased 18 folds during the period.&nbsp; The gap, between value of import and export, which is Trade deficit, has also increased during ... 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