India’s exports increased in the first week of June 2022
New Delhi:
The country’s exports grew by 24.18 per cent to $9.39 billion during June 1-7 due to healthy growth in sectors such as engineering, gems and jewelery and petroleum products, an official said.
The commerce ministry official said that during June 1-7, 2021, exports stood at $ 7.56 billion.
Imports also grew by nearly 77 percent to $16 billion during the first week of this month.
The exports of gems and jewellery, engineering, petroleum products and electronic goods grew by 84.3 per cent, 25.7 per cent, 20.4 per cent and 73.5 per cent, respectively.
The major import items registering growth are petroleum, crude, coal, coke and briquettes, gold and chemicals.
India’s merchandise exports rose 15.46 per cent to $37.29 billion in May on healthy performance by sectors including petroleum products, electronic goods and chemicals.
Imports during the month increased by 56.14 per cent to $60.62 billion.