TamilExports rise 45 pc during July: Comm Min data
24 July 2021, 1:29 pm
Mobile cranes prepare to stack containers at Thar Dry Port in Sanand in the western Indian state of Gujarat May 2, 2011. India's exports surged to record high growth of 37.6 percent in the fiscal year 2010/11, the government said in a statement on Monday, as demand soared for engineering goods, oil products and gems manufactured in Asia's third-largest economy. REUTERS/Amit Dave (INDIA - Tags: BUSINESS)
The country’s exports grew 45.13 percent to USD 22.48 billion during July 1-21 on account of healthy growth in sectors such as gems and jewellery, petroleum, and engineering, according to the provisional commerce ministry data.
Imports also rose 64.82 percent to USD 31.77 billion in the said period, leaving a trade deficit of USD 9.29 billion.
Exports of gems and jewellery, petroleum, and engineering during July 1-21 stood at USD 424.5 million, USD 923.33 million, and USD 551. 4 million, respectively, the data showed.
Imports of petroleum, crude, and products rose by about 77.5 percent to USD 1.16 billion.
During the period, exports to the US, UAE, and Brazil increased by 51 percent to USD 493.24 million; 127 percent to USD 373.36 million; and 212 percent to USD 144.5 million, respectively.
0
0