Description

International trade is a key contributor to the growth of an economy. Hence assessing a country's trade performance is important to understand the extent to which it is poised to grow. Similarly, the balance of payments, is an account statement which encompasses all transactions between a country's residents and its nonresidents involving goods, services and income; financial claims on and liabilities to the rest of the world; and transfers such as gifts. The publication of India's foregin trade and balance of payment gives a detailed analysis of the monthly trade performance and quarterly performance of each of balance of payment segments and an outlook.