News Karnataka
Sunday, April 14 2024

Preliminary Trend: India’s May exports rise to over $32 bn

Preliminary Trend Indias May Exports Rise To Over 32 Bn Main
Photo Credit :

New Delhi: India’s merchandise exports in May 2021 rose to $32.21 billion, higher by 67.39 per cent over $19.24 billion in May 2020, the preliminary official data showed on Wednesday.

Besides, exports last month recorded a 7.93 per cent growth over $29.85 billion in May 2019.

The country’s merchandise exports in April 2021 had risen to $30.63 billion.

Similarly, India’s merchandise imports in May 2021 were $38.53 billion, with an increase of 68.54 per cent over $22.86 billion in May 2020.

However, imports declined by 17.47 per cent over $46.68 billion in April 2019.

Consequently, trade deficit in May 2021 was $6.32 billion, which increased by 74.69 per cent over trade deficit of $3.62 billion in May 2020.

Share this:
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp