Скачать или смотреть Deciphering Trade Statistics: Unveiling Insights from Recent Commerce Ministry Data

In this in-depth analysis, we explore the recently released foreign trade statistics from the Commerce Ministry, covering the final quarter of the 2024 financial year. With official data now available, we can precisely estimate and compare imports and exports across various categories. This video offers a detailed walkthrough of the Foreign Trade Performance Analysis website, revealing significant insights into commodities such as petroleum, electronics, and gemstones. Key highlights include a substantial reduction in oil imports and a noticeable rise in electronic imports, despite efforts to boost domestic manufacturing under the PLI scheme. We also delve into export trends, showcasing a shift in trade balances with major partners like the US, China, and Russia. Understand the implications of these changes on India's trade deficit and current account, and why these numbers are crucial at this juncture.

#IndiaTradeStatistics #ForeignTradeAnalysis #CommerceMinistry #TradeDeficit #EconomicInsights #ImportExportData #PLIScheme #FinancialYear2024 #CurrentAccountDeficit