India achieves merchandise export of 38.19 billion dollar in Apri

Tags: National Economics/Business

In the first month of the current financial year i.e. April 2022, India's merchandise exports have increased by 24.22 percent and with this it has reached $ 38.19 billion.

• Last month, non-petroleum exports were valued at US$ 30.46 billion, showing a growth of 12.32 per cent in exports over the same period last year.

• On the other hand, non-petroleum and non-gems and jewellery exports were valued at US$ 27.16 billion last month, showing a growth of 14.38 per cent over the exports recorded in the same period last year.

• Petroleum products 113.21 per cent, electronic goods 64.04 per cent and chemicals 26.71 per cent led the way for higher growth in exports during the previous month.

• India’s merchandise import last month was 58.26 billion US dollar, an increase of 26.55 percent over 46.04 billion US dollar in April last year. 

• Non-petroleum imports were valued at US$ 38.75 billion last month, showing a positive growth of 9.87 per cent as compared to non-petroleum imports of US$ 35.27 billion in April last year.

• The trade deficit last month stood at US$ 20.07 billion.