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Merchandise exports rise 24.2% to $38 bn in April, imports grow 26.6%
short by Ashley Paul / on Tuesday, 3 May, 2022
India's merchandise exports rose 24.22% YoY from $30.75 billion in April 2021 to $38.19 billion in April 2022, Commerce Ministry's preliminary data showed. Imports in April 2022 grew 26.55% YoY to $58.26 billion while trade deficit widened to $20.07 billion against $15.29 billion in April 2021. Petroleum and crude products accounted for 33.5% of imports in April this year.
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