Exports up24 pc in Aprilto USD 38 bn
   Date :04-May-2022

Exports up 
EXPORTS rose by 24.22 per cent to USD 38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, the Commerce Ministry said. Importsduring themonth under review grew 26.55 per centtoUSD58.26billion.The trade deficit in April 2022 widened to USD 20.07 billion as againstUSD15.29billion in the year-ago period, it said. Oil imports during the month rose by 81.21 per centtoUSD19.5billion.Coal, CokeandBriquettes imports jumped toUSD 4.8 billion as againstUSD2 billioninApril 2021. Gold imports, however, dipped to USD 1.68 billion during the month under reviewfromUSD6.23billion in April 2021. Engineeringgoodsexports increased by 15.38 per cent to USD 9.2 billion while petroleum products exports soared113.21percenttoUSD 7.73 billion. However, gems and jewellery exportsdippedby 2.11 per cent to USD 3.3 billion.