Exports grew by 5.17 per cent to USD 25.91 billion in April compared to the same month last year on account of healthy performance by engineering, chemicals and pharmaceutical segments, according to the commerce ministry data.
Imports too grew by 4.60 per cent to USD 39.63 billion in the month on yearly basis, leaving a trade deficit of USD 13.72 billion.
Oil imports during the month under review were valued at USD 10.41 billion, 41.5 per cent higher than the same month of previous year.
However petroleum products, carpet, gems and jewellery and iron ore recorded negative growth.
Gold imports too dipped by 33 per cent to USD 2.58 billion in April.
Exports had dipped by 0.66 per cent to USD 29.11 billion in March, even as foreign shipments increased by 9.78 per cent for the full 2017-18 fiscal.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)