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The Financial Express

India April trade deficit at $15.24 billion

| Updated: May 07, 2021 12:08:46


A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat, April 1, 2014 — Reuters/Files A worker sits on a ship carrying containers at Mundra Port in the western Indian state of Gujarat, April 1, 2014 — Reuters/Files

India’s trade deficit in goods was $15.24 billion in April, preliminary data released by the government on Sunday showed.

Merchandise exports rose to $30.21 billion for the month from $10.17 billion a year earlier, while imports rose to $45.45 billion from $17.09 billion, the data showed.

Last year India was under a strict national lockdown to curb the spread of the coronavirus, leading to a significant reduction in international trade volumes.

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