Sections
Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News
Interest Futures News
Metals Futures News
Reports: Crops, CFTC, etc
Soft Commodities News

Futures and Commodity Market News

Petroleum, Engg Products Push Exports Growth By 30% To $ 40 Bn In April 22

May 14, 2022 (MENAFN via COMTEX) --

(MENAFN - KNN India) Petroleum, Engg products push exports growth by 30% to $ 40 bn in April 22

New Delhi, May 14 (KNN) India has recorded a 30.7 per cent rise in merchandise exports to USD 40.19 billion with as trade deficit widened to USD 20.11 billion in the month of April, 2022.

The sectors that performed well are petroleum products, electronic goods and chemicals, said the commerce ministry on Friday.



Engineering goods exports increased by 15.38 per cent to USD 9.2 billion, while petroleum products exports soared 113.21 per cent to USD 7.73 billion.

Imports during the month under review grew by 30.97 per cent to USD 60.3 billion. The trade deficit in April 2021 was at $15.29 billion.

Highlighting the record performance in the last financial year, the ministry said the exports continued robust growth in April, 2022 with merchandise exports scaling a new high by crossing USD 40 billion.

Petroleum and crude oil imports during the month rose by 87.54 per cent to USD 20.2 billion. Coal, Coke and Briquettes imports jumped to USD 4.93 billion, as against USD 2 billion in April 2021.

However there was dip in gold imports by about 72 per cent to USD 1.72 billion during the month under review, from USD 6.23 billion in April 2021. (KNN Bureau)

MENAFN14052022000155011030ID1104212803

comtex tracking

COMTEX_407203955/2604/2022-05-14T14:30:17

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon