India’s exports rose by 6.21 per cent to USD 33.57 billion in October this yr, as in opposition to USD 31.6 billion a year-ago, authorities knowledge confirmed on Wednesday.
Imports additionally elevated to USD 65.03 billion within the month into account, as in opposition to USD 57.91 billion recorded in October 2022.
The nation’s commerce deficit in October stood at USD 31.46 billion.
In the course of the April-October interval of this fiscal yr, exports contracted by 7 per cent to USD 244.89 billion.
Imports through the seven-month interval fell by 8.95 per cent to USD 391.96 billion.
Commerce Secretary Sunil Barthwal stated the commerce numbers in October mirror ‘inexperienced shoots’.
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