Exports rise 16.2% , imports up 1.1% in first week of Jan
January 11, 2021
Engineering goods and petroleum products put exports on growth track - REUTERS×
Imports grow 1.1% with rise in veg oil, pearls, precious & semi-precious stones
Engineering goods and petroleum products have placed India’s exports on the growth track in the first week of January with outbound shipments posting an increase of 16.2 per cent (year-on-year) to $6.2 billion, according to preliminary data shared by the Commerce & Industry Ministry.
Imports, too, registered a growth of 1.1 per cent during the week at $8.7 billion, due to a sharp increase in imports of pearls, precious & semi-precious stones and vegetable oil, compared to the same period of the previous year, according to data.