India’s exports increased 3-fold in April, although trade deficit reached $ 15.24 billion, read full report

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India Export in April: India’s total exports stood at $ 30.21 billion in the month of April.

There has also been a jump in imports in the month of April.

In the month of April, India’s exports have registered nearly 3 times increase. India’s total exports stood at $ 30.21 billion in the month of April. Due to the lockdown in April 2020, India’s exports stood at only $ 10.17 billion. This information has been shared by the Commerce Ministry.

There has also been a jump in imports in the month of April. India’s total imports in this month stood at $ 45.45 billion. India’s total imports in April 2020 stood at $ 17.09 billion. In this way, India has been a net importer in the month of April. India’s trade deficit stood at $ 15.24 billion in that month. Trade deficit has increased by 120.34 percent as compared to April 2020. India trade deficit stood at $ 6.92 billion in April 2020.

India’s exports to $ 34.45 billion in March

The lockdown in India was announced on 25 March 2020 due to Corona, due to which the exports fell by more than 60 percent. In March this year (March 2021), India’s exports have registered a growth of 60.29 percent. India’s total exports stood at $ 34.45 billion in March 2021.

Oil imports $ 10.80 billion in April

India’s oil imports stood at $ 10.80 billion in the month of April, compared to $ 4.65 billion last year. Gems & Jewelery, Jute, Carpet, Handicroft, Leather, Electronic Goods, Oil Meals, Engineering, Petroleum Products, Chemicals, Marine Products exports are showing positive growth in the month of April.

Read also, Corona’s hit! This airline halted the salary of employees by 50 percent in April, CMD will not take any salary

Also read, this chip company gave 30 crores to India to fight against Covid-19, know how will help

(PTI input)

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Bhagyashree Soni
Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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