Categories: Business

Exports jumped 43% to $ 35.65 billion in October, imports soared 62%

New Delhi: Indian exports rose 43 percent to $ 35.65 billion in October while the trade deficit widened to $ 19.73 billion for a month, according to official data released on Monday.
Imports jumped by 62.51 percent to $ 55.37 billion widening the trade deficit.
The export sector that recorded positive growth during October included petroleum, coffee, engineering items, cotton yarn.
/ Fab-up, gems and jewelry, plastic chemicals and linoleum and sea products, data shows.
Cumulative exports over April-October 2021 stood at $ 233.54 billion, which was an increase of 55.13 percent compared to the same period last year.
During the same period, imports rose 78.16 percent to $ 331.39 billion.

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