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The trade balance is the difference between the monetary value of exports and imports of output in an economy, it is one of the most important macroeconomic parameter. Data contains Exports, Imports and Trade Balance of India (in Rs Crore and Us $ Million) from 1949-50. It also contains the percentage rate of change of exports as well as imports with respect to the previous year. The data has been provided by Department of Economic Affairs.
Capital Account and Current account are two primary components of balance of payments. Balance of Payment (BoP) of a country is the Systematic record of all economic transactions between the residents of a foreign country. External Payments- Current & Capital Account as proportion of GDP at current prices for Eleventh Plan (2007-12) and Twelfth Plan (2012-17) have been provided in the data.
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