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Trade Surplus
July 21 , 2020
1462 days
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- India makes its first trade surplus in 18 years.
- India gained a surplus of $0.8 billion in June 2020.
- This has been achieved by a sharper decline in imports.
- The last time this happened was in January 2002.
- A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports.
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