印度的卢比下跌刺激了一些出口,但由于进口成本和全球趋势而伤害了其他出口,使折旧对改善贸易平衡无效。
India's rupee drop boosts some exports but hurts others due to import costs and global trends, making depreciation ineffective for improving trade balance.
一份新的Systematix研究报告指出,印度的卢比贬值对出口产生了不均衡的影响:电子、化学品和石油部门略有增加,而高度依赖进口又增加了成本,抵消了收益。
A new Systematix Research report finds India's rupee depreciation has uneven export effects: while electronics, chemicals, and petroleum sectors gain slightly, high import dependence raises costs, offsetting gains.
由于进口依赖程度低,粮食和农业出口受益最大。
Food and agro exports benefit most due to low import reliance.
纺织和皮革等劳动密集型行业因投入成本上升和需求疲软而受到影响。
Labour-intensive industries like textiles and leather suffer from rising input costs and weak demand.
全球逆风,包括保护主义和增长放缓,进一步损害了任何货币驱动的优势。
Global headwinds, including protectionism and slowing growth, further undermine any currency-driven advantages.
研究得出的结论是,卢比贬值不是改善印度贸易平衡的可靠工具。
The study concludes rupee depreciation is not a reliable tool for improving India’s trade balance.