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Goods exports up 9%, trade deficit widens
India's exports saw a boost of 9.1% in April, reaching $38.5 billion. However, the trade deficit increased to $26.4 billion. Imports also rose significantly, up 19% to $64.9 billion. The US became a major destination for exports. China remained the top source of imports. Petroleum and electronics imports also contributed to the increased import numbers.
India's exports saw a boost of 9.1% in April, reaching $38.5 billion. However, the trade deficit increased to $26.4 billion. Imports also rose significantly, up 19% to $64.9 billion. The US became a major destination for exports. China remained the top source of imports. Petroleum and electronics imports also contributed to the increased import numbers. What's Your Reaction?
