NEW DELHI, Oct 13 Reuters India39;s merchandise trade deficit in September stood at 19.37 billion, according to Reuters calculations based on export and import data released by the government on Friday.
Economists had expected the country39;s September trade deficit to be 23.25 billion, according to a Reuters poll.
India39;s merchandise exports stood at 34.47 billion, while imports were 53.84 billion in September, government data showed. In the previous month, merchandise exports were 34.48 billion, while imports stood at 58.64 billion.
Services exports in September were 29.37 billion, while imports were 14.91 billion. In August, services exports were 26.39 billion and imports were 13.86 billion.
Reporting by Nikunj Ohri; Editing by Kim Coghill
Source Reuters