SME Times News Bureau | 16 May, 2018
Exports during April
rose by 5.17 per cent to $25.91 billion from $24.64 billion worth of
merchandise shipped out during the corresponding month of last year
even as the trade deficit widened due to high crude oil prices.
According to the
data released by the Ministry of Commerce and Industry on Tuesday
during April 2018 were valued at US $ 25.91 Billion as compared to US
$ 24.64 Billion during April 2017 exhibiting a positive growth of
5.17 per cent.
Rupee terms, exports were valued at Rs. 170052.96 crore in April 2018
as compared to Rs. 158913.79 crore during April 2017, registering a
positive growth of 7.01 per cent.
goods, organic and inorganic chemicals and drugs and pharmaceuticals
showed a high growth rate of export.
and Non Gems & Jewellery exports in April 2018 were valued at US
$ 19.80 Billion as against US $ 17.72 Billion in April 2017, an
increase of 11.73%.
during April 2018 were valued at US $ 39.63 Billion (Rs 260084.67
crore) which was 4.60 per cent higher in Dollar terms and 6.43 per
cent higher in Rupee terms over the level of imports valued at US $
37.88 Billion (Rs. 244380.52 crore) in April 2017.
imports during April 2018 were valued at US $ 10.41 Billion which was
41.49 percent higher than oil imports valued at US $ 7.36 Billion in
imports during April 2018 were estimated at US $ 29.21 Billion which
was 4.30 per cent lower than non-oil imports of US $ 30.53 Billion in