Exports up 4.82% to $35.45 billion in September; trade deficit widens to $25.71 billion

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India’s merchandise exports rose by 4.82 per cent to USD 35.45 billion in September, even as the trade deficit widened to USD 25.71 billion, the data released by the commerce ministry showed on Friday.

Imports during the month too grew 8.66 per cent to USD 61.61 billion.

The trade deficit in September 2021 stood at USD 22.47 billion.

In its preliminary data, which was released in the first week of this month, the ministry stated that the country’s merchandise exports contracted by 3.52 per cent to USD 32.62 billion in September.

During April-September 2022, exports recorded a growth of 16.96 billion to USD 231.88 billion. Imports rose by 38.55 per cent to USD 380.34 billion, while the trade deficit widened to USD 148.46 billion against USD 76.25 billion in September 2021, the data showed.


With inputs from PTI

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