India's merchandise exports in October rose 42.33 per cent to USD 35.47 billion, according to provisional data released by the government on Monday.
The exports stood at USD 24.92 billion in October 2020 and USD 26.23 billion in October 2019.
India's merchandise exports in October 2021 was USD 35.47 billion, an increase of 42.33 per cent over USD 24.92 billion in October 2020 and an increase of 35.21 per cent over USD 26.23 billion in October 2019, as per an official statement.
The merchandise imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in October 2020. It was USD 37.99 billion in October 2019.
As per the data, the trade deficit in October 2021 was USD 19.9 billion and USD 98.71 billion during April-October 2021.
The gold imports stood at USD 5.1 billion in October compared to USD 2.49 billion a year ago, an increase of 104.25 per cent.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.