Premium

Exports jump 43% in Oct

Cumulatively, exports during April-October stood at $233.54 billion, which is an increase of 55.13 per cent compared to the same period last year.

exports, imports, Commerce and Industry Ministry, India news, Indian express, Indian express news, current affairs

Commerce Minister Piyush Goyal said merchandise exports during April-December grew 48.9 per cent over the year ago period, surpassing exports in the entire FY21 fiscal. (Representational)

Eexports rose by 43 per cent to $35.65 billion in October while trade deficit widened to $19.73 billion during the month, according to the official data released on Monday. Imports soared by 62.51 per cent to $55.37 billion, widening the trade deficit.

Cumulatively, exports during April-October stood at $233.54 billion, which is an increase of 55.13 per cent compared to the same period last year.

Sectors that recorded positive growth in October are petroleum, coffee, engineering goods, cotton yarn, made-ups, and gems and jewellery, among others.

With PTI inputs

Subscriber Only Stories

View All