New Exports rise 22.36 pc to USD 33.81 bn in February

Exports rise 22.36 pc to USD 33.81 bn in February

India’s exports rose by 22.36 per cent to USD 33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to USD 21.19 billion, according to preliminary data released by the commerce ministry on Wednesday.

exports rise 5.4% in january; trade deficit narrows to $14.75 billion | business standard news


Imports during the month too jumped by about 35 per cent to USD 55 billion.

The trade deficit, the difference between imports and exports, stood at USD 13.12 billion in February 2021.

india's exports dip for fifth straight month in dec, trade deficit narrows | business standard news


“India’s merchandise export in April 2021-February 2022 was USD 374.05 billion, an increase of 45.80 per cent over USD 256.55 billion in April 2020-February 2021,” it said.

economy is on rise again after the corona crisis 1638830142

Imports during the 11-month period rose by 59.21 per cent to USD 550.12 billion.

Trade deficit during this period widened to USD 176.07 billion as against USD 88.99 billion during April-February 2020-21.

See also  Aurora expands to Texas in bid to ramp up self-driving truck efforts

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker