At the end of fiscal year 2022, the value for the balance of trade India had with Latin American and Caribbean countries was a deficit of over six billion U.S. dollars.
The balance of trade calculates the comparison of exports against imports, determining a surplus (when exports outweigh imports) or a deficit (when imports are more than exports) of trade. The trade balance is also a component of a country's GDP.
Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022
(in billion U.S. dollars)
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Department of Commerce (India). (February 8, 2023). Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). "Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022 (in billion U.S. dollars)." Chart. February 8, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). (2023). Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India). "Balance of Indian Imports with Latin American and Caribbean (Lac) Countries from Financial Year 2011 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Feb 2023, https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
Department of Commerce (India), Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/ (last visited December 22, 2024)
Balance of Indian imports with Latin American and Caribbean (LAC) countries from financial year 2011 to 2022 (in billion U.S. dollars) [Graph], Department of Commerce (India), February 8, 2023. [Online]. Available: https://www.statista.com/statistics/651290/balance-of-trade-lac-region-to-india/
