Exports jump to USD 30.21 bn in April; trade deficit widens

Exports jump to USD 30.21 bn in April; trade deficit widens to USD 15.24 bn


Exports jump to USD 30.21 bn in April; trade deficit widens to USD 15.24 bn
By Mansoor|   Published: 2nd May 2021 1:53 pm IST
New Delhi: India’s exports in April jumped nearly three-folds to USD 30.21 billion on account of healthy growth in key sectors including engineering, gems and jewellery, and petroleum products, even as trade deficit widened to USD 15.24 billion, according to commerce ministry’s preliminary data released on Sunday.
The country’s merchandise exports were to the tune of USD 10.17 billion in April 2020. Trade deficit in that month was USD 6.92 billion.
Imports too rose by over three-folds to USD 45.45 billion last month as against USD 17.09 billion in April 2020.

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