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.
April 01, 2021
March 2021 had the highest ever exports in Indian history - REUTERS×
Exports in April-March 2020-21 fall 7.4%; imports decline 18.07%
Goods exports in March 2021 jumped 58.23 per cent (year-on-year) to $34 billion the highest ever monthly export figure propelled by sectors such as engineering goods, gems & jewellery and pharmaceuticals, per preliminary data shared by the Commerce & Industry Ministry on Thursday.
Total exports in April-March 2020-21 are at an estimated $289.92 billion, which is 7.4 per cent lower than exports worth $313.36 billion in April-March 2019-20.
Imports in March 2021 increased 52.89 per cent to $48.12 billion, with gold imports alone accounting for rise of $7.17 billion (584.2 per cent rise), while trade deficit was at $ 14.12 billion, according to the preliminary numbers.
The new year started on a positive note for Indian exporters with goods exports in January rising 5.37 per cent to $27.24 billion (year-on-year) primarily led by a spurt in engineering goods, pharmaceuticals and iron ore, according to early trends for the month released by the Commerce & Industry Ministry on Tuesday. Imports during the .
Engineering goods, pharma, iron ore push exports up 5.37% in Jan
February 02, 2021
Imports increase by 2.05%; trade deficit declines marginally to $14.75 billion
The new year started on a positive note for Indian exporters with goods exports in January rising 5.37 per cent to $27.24 billion (year-on-year) primarily led by a spurt in engineering goods, pharmaceuticals and iron ore, according to early trends for the month released by the Commerce & Industry Ministry on Tuesday.
Imports during the month increased by 2.05 per cent to $41.99 billion due to a steep fall in the import of petroleum products. Gold imports, however, shot up 154.7 per cent. Trade deficit in January declined by 3.57 per cent to $14.75 billion.