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Export rises, trade deficit widens
Orissa POST
|May 16, 2025
India's exports rose by 9.03 per cent to USD 38.49 billion in April on healthy growth in sectors such as electronics and engineering goods, while the trade deficit widened to a five-month high of USD 26.42 billion.
According to the commerce ministry data released Thursday, imports increased by 19.12 per cent year-on-year to USD 64.91 billion in April due to a rise in shipments of crude oil and fertiliser. The spurt in imports widened the trade deficit-the difference between the value of imports and exports - to the highest since November 2024 when it was recorded at USD 31.77 billion.
This story is from the May 16, 2025 edition of Orissa POST.
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