Exports up 43 percent in October, imports up 63 percent

According to official data, India’s exports rose 43% to $35.65 billion in October, while the trade deficit in imports widened to $19.73 billion.

Imports rose 62.5% to $55.37 billion, widening the trade deficit.

Export sectors that registered positive growth during October included petroleum, coffee, engineering goods, cotton yarn/fab/made-ups, gems and jewellery, chemical plastics and linoleum and marine products, the data showed. Is.

Overall, exports during April-October stood at $233.54 billion, a growth of 55.1%. The data showed that imports rose 78.2% to $331.39 billion.

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