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Goods trade deficit at 5-month high
Mint Chennai
|May 16, 2025
Merchandise exports rose to $38.49 billion in April from $35.30 billion in the year-ago period
India's merchandise trade deficit rose to a five-month high of $26.42 billion in April on the back of higher imports, as exports rose at a slower clip, provisional data released by the ministry of commerce and industry on Thursday showed.
Merchandise exports rose to $38.49 billion in April from $35.30 billion in the year-ago period.
Goods imports rose to $64.91 billion by value in April, up from $54.49 billion a year ago.
March's goods exports stood at $41.97 billion, while imports were $63.51 billion, compared with $36.91 billion of exports and $50.96 billion of imports in February.
The merchandise trade deficit—the difference between exports and imports—stood at $21.54 billion in March, $14.05 billion in February, $23 billion in January and $19.19 billion in April 2024.
This story is from the May 16, 2025 edition of Mint Chennai.
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