India’s exports decline by 1.5% in July as trade deficit expands to $23.5 billion
With a current value of $23.5 billion, the growing trade deficit represents the greatest disparity between India's import and export activities since January 2023.
Trade Deficit
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Balancing the ledger: India’s trade deficit tightrope
India's persistent trade deficit, reaching $99.2 billion in 2023 amidst a $136.2 billion bilateral trade, underscores the urgency for structural reforms and export promotion strategies to achieve a more balanced economic equation.
Korean kimchi exports reach record high in 2023 amid global K-content popularity
South Korea's iconic dish, kimchi, has achieved record-high exports in 2023, fueled by the increasing global popularity of Korean entertainment content, known as K-content.