India's exports in April rise 197 per cent with growth across sectors

India’s exports in April rise 197 per cent with growth across sectors
May 02, 2021
Imports increase 165.99 per cent, trade deficit widens
Riding on a sharp growth in exports of gems and jewellery, engineering goods and petroleum products, India’s goods exports in April 2021 shot 197.03 per cent to $30.21 billion compared to April 2020 when exports had plunged due to the national lockdown and halt in manufacturing to check the Covid-19 pandemic.
Goods imports in April 2021 increased 165.99 per cent to $45.45 billion, widening trade deficit to $15.24 billion during the month which was 120.34 per cent higher than the deficit in the same month last year, per early estimates released by the Commerce & Industry Ministry on Sunday.

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