India's International Trade - Understanding the Constituents (Part II)

India recorded merchandise exports of $320 bn in FY20 against imports of $474 bn, leading to trade deficit of $154 bn. The surplus on ‘invisibles’ account was $132 bn, reducing the current account deficit to $32 bn. Invisibles as a category comprises of large number of sub-groups. Invisibles comprise of three segments – Services, Transfers […]

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India’s International Trade – Understanding the Constituents (Part II)

ByAshish Agrawal

By Ashish Agrawal

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