The trade deficit, although, widened to $20.11 billion, as compared to $15.29 in April 2021.
Meanwhile, imports too saw a growth of 30.97 % to $60.3 billion.
“After a record performance in the last financial year, the exports continued robust growth in April, 2022 with merchandise exports scaling a new high by crossing USD 40 billion,” the commerce ministry said.
Petroleum and crude oil imports during the month rose by 87.54% to $20.2 billion.Coal, Coke and Briquettes imports jumped to $4.93 billion, as against $2 billion in April 2021.
Engineering goods exports increased by 15.38% to $9.2 billion, while petroleum products exports soared 113.21% to $7.73 billion.
Gold imports dipped by around 72% to $1.72 billion in April, from $6.23 billion in April 2021.
