New Delhi: Goods of India export It rose 15.46 per cent to $37.29 billion in May, driven by good performance in sectors such as petroleum products, electronic goods and chemicals. trade deficit The commerce ministry said on Thursday that it rose to $23.33 billion during the month.
Imports also rose 56.14 per cent to $60.62 billion during the month.
The trade deficit stood at $6.53 billion in May 2021.
“India’s merchandise exports stood at $77.08 billion in April-May 2022-23, a growth of 22.26 per cent from $63.05 billion in April-May 2021-22.”
Petroleum and crude oil imports grew by 91.6 percent to $18.14 billion during May 2022.
Imports of coal, coke and briquettes increased to $5.33 billion as against $2 billion in May 2021.
Gold imports rose to $5.82 billion during the month under review, from $677 million in May 2021.
Cumulative imports grew 42.35 per cent to $120.81 billion in April-May 2022-23.
The trade deficit widened to $43.73 billion during the first two months of the current fiscal, from $21.82 billion earlier.
Engineering goods exports rose 7.84 percent to $9.3 billion in May, while petroleum products exports rose 52.71 percent to $8.11 billion.
Gems and jewelery exports stood at $3.1 billion in May as against $2.96 billion in the same month last year.
Chemicals exports grew 12 per cent to $2.5 billion in May.
Similarly, shipments of all garments, pharma and ready-made garments grew by 5.78 per cent and 23 per cent to $1.98 billion and $1.36 billion, respectively, during the month under review.
Imports also rose 56.14 per cent to $60.62 billion during the month.
The trade deficit stood at $6.53 billion in May 2021.
“India’s merchandise exports stood at $77.08 billion in April-May 2022-23, a growth of 22.26 per cent from $63.05 billion in April-May 2021-22.”
Petroleum and crude oil imports grew by 91.6 percent to $18.14 billion during May 2022.
Imports of coal, coke and briquettes increased to $5.33 billion as against $2 billion in May 2021.
Gold imports rose to $5.82 billion during the month under review, from $677 million in May 2021.
Cumulative imports grew 42.35 per cent to $120.81 billion in April-May 2022-23.
The trade deficit widened to $43.73 billion during the first two months of the current fiscal, from $21.82 billion earlier.
Engineering goods exports rose 7.84 percent to $9.3 billion in May, while petroleum products exports rose 52.71 percent to $8.11 billion.
Gems and jewelery exports stood at $3.1 billion in May as against $2.96 billion in the same month last year.
Chemicals exports grew 12 per cent to $2.5 billion in May.
Similarly, shipments of all garments, pharma and ready-made garments grew by 5.78 per cent and 23 per cent to $1.98 billion and $1.36 billion, respectively, during the month under review.