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Updated on: Thursday, May 30, 2019, 05:59 AM IST

Exports up 8% at 24 bn in May

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New Delhi :India’s exports grew by 8.32 per cent to $24.01 billion in May, mainly on account of robust performance by sectors like petroleum, chemicals, engineering goods as well as gems and jewellery.

Imports too jumped 33.09 per cent to $37.85 billion last month from $28.44 billion in May 2016, according to the data released by the commerce ministry.

A huge jump in gold imports pushed up the trade deficit to USD 13.84 billion during the month under review from $6.27 billion a year ago.

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The imports of the precious metal rose 3-fold to $ 4.95 billion in May compared to $1.47 billion in the same month last year.Exports in April-May increased by 13.83 per cent to $48.64 billion. Imports during the period up by 40.63 per cent.

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Published on: Friday, June 16, 2017, 12:05 AM IST
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