India's April trade deficit widens to $13.25 billion

NEW DELHI (Reuters) - India's trade deficit widened for the second straight month in April to $13.25 billion, on the back of higher crude oil and gold imports, compared with $10.44 billion in the previous month, government data showed on Monday.
Merchandise exports rose 19.77 percent to $24.64 billion in April from a year earlier, while imports rose 49.07 percent to $37.88 billion, statement issued by the Ministry of Commerce and Industry showed.
(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: May 15 2017 | 6:07 PM IST
