SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Trade deficit narrows to 10-month low at $9.43 billion in December

16 Jan 2015 Evaluate

Easing pressure on country’s external sector as well as domestic currency, India’s trade deficit narrowed to 10-month low at $9.43 billion in month of December as compared to $16.86 billion in November and $10.19 billion in the same month of previous year. The significant decline in trade deficit led by falling imports due to slump in crude oil prices, though exports too have come down in December.

India’s import during December was declined by 4.78% y-o-y to $34.83 billion, leading to improvement in the trade balance situation.  Gold imports showed an increase from year-ago level to $1.34 billion during the reported month, but it is a substantial decline from the previous month $5.61 billion. During April-December FY15, India’s imports grew by 3.63% to $351.20 billion from $338.91 billion reported in the same period of previous fiscal.

On the other hand, domestic overseas shipments declined by 3.77% to $25.40 billion in December from $26.39 billion in the same month of previous year, reflecting the prevailing slowdown in global market. During April-December FY15, the value of India’s overseas shipments increased by 4.02% to $241.15 billion from $231.83 billion in the same period of previous financial year. It seems difficult to achieve the set exports’ target of $340 billion for FY15 as it would require average exports of $33 billion per month as against $26-27 billion per month in the past. India’s trade deficit during the first nine months of current fiscal widened to $110.05 billion as against $107.07 billion in the same period of previous financial year.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×