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This Article is From May 03, 2022

India's Trade Deficit Widens To $20.1 Billion In April

Exports up 24 pc to USD 38 bn in April

India's Trade Deficit Widens To $20.1 Billion In April
Workers load processed sacks of rice onto a truck in India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Exports rose by 24.22% to $38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, the Commerce Ministry said on Tuesday.

Imports during the month under review grew 26.55% to $58.26 billion.

The trade deficit in April 2022 widened to $20.07 billion as against $15.29 billion in the year-ago period, it said.

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