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Top Indian Trade Balances

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Crude oil, gold and smartphones were major factors behind India’s highest trade deficits by product. China and Switzerland placed first and second respectively among trade partners with which India experienced the highest negative trade balances. India’s overall trade deficit for all products equaled -US$95.7 billion in 2016, up by 6.7% from -$89.6 billion for 2009. […]

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