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Exports rise 69.35% in May.
Jun 16, 2021

India’s export of goods in May posted a high growth of 69.35 per cent (year-on-year) to $ 32.27 billion, fuelled by steep rise in sectors such as gems and jewellery, engineering goods, petroleum products and readymade garments, according to the quick estimates released by the Commerce & Industry Ministry on Tuesday.
 
While the growth rate of exports in April (year-on-year) was much higher at 195.72 per cent, it was mostly due to a low-base. The actual value of exports at $30.63 billion in April was lower than the value of exports in May.
 
The country’s imports in May increased 73.64 per cent to $38.55 billion, led by growth in items such as electronic goods, gold, petroleum and chemicals. Imports in April were higher at $45.45 billion, posting a 167 per cent growth (year-on-year). Trade deficit during May almost doubled to $6.28 billion, compared to the trade deficit of $3.15 billion in May last year.
    
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  • Agricultural and Processed Food Products Export Development Authority (APEDA)
    (Ministry of Commerce & Industry, Govt. of India)

  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
    Phone : 91-11-41486013, 20863919, 20867008, 20867007