Exports rose 43%, imports up 63% in October
The Hindu
Imports surged by 62.5% to $55.37 billion widening the trade deficit
India’s exports rose by 43% to $35.65 billion in October while imports soared widening the trade deficit to $19.73 billion in the month, according to official data.
Imports surged by 62.5% to $55.37 billion widening the trade deficit.
Export sectors which recorded positive growth during October include petroleum, coffee, engineering goods, cotton yarn/fabs./made-ups, gems and jewellery, chemicals plastic and linoleum and marine products, the data showed.
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