Commerce Ministry Data Exports Increased By Nine Percent Trade Deficit Five -month high – Amar Ujala Hindi News Live

Commerce Ministry Data Exports Increased By Nine Percent Trade Deficit Five -month high – Amar Ujala Hindi News Live

India’s exports rose 9.03 per cent to $ 38.49 billion in April 2025 due to a good increase in demand for electronics and engineering products. The country’s imports increased by 19.12 percent to $ 64.91 billion as compared to a year ago as crude oil and fertilizer purchases increased. According to data released by the Ministry of Commerce on Thursday, the country’s trade deficit in April reached the five -month high level of $ 26.42 billion due to high imports than exports. Earlier in November 2024, there was the highest 31.77 billion trade deficit. In April 2024, $ 35.30 billion was exported from the country, while imports were $ 54.49 billion.

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Export of electronics products increased

According to the ministry data, the export of electronics products rose by 39.51 per cent to $ 3.69 billion in April. Engineering exports rose 11.28 per cent to $ 9.51 billion.

  • Crude oil imports increased by 25.6 percent to $ 20.7 billion. Gold imports increased by 4.86 per cent to $ 3.09 billion.

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Services value $ 35.3 billion

According to the data, the estimated price of services exports for April 2025 was $ 35.31 billion, which was $ 30.18 billion in April 2024. The estimated price for imports of services was $ 17.54 billion, which was $ 16.76 billion in April 2024.

Increased export to America-China

According to the data, the US exports from India increased by 27.3 per cent to $ 8.42 billion amid tariff war. At the same time, imports also increased by 63.76 per cent to $ 5.24 billion. At the same time, exports to China also increased from $ 1.25 billion to $ 1.41 billion. During this period, imports from China also rose to $ 9.91 billion. Imports from Russia also increased by 17.7 percent to $ 6.23 billion.

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Speed ​​will be good even further

Commerce Secretary Sunil Barthwal said, it is expected that India will maintain this export pace and despite global challenges it will be a good year for us. We have started this year’s bang. There are better results of focusing on 20 countries and 6 items.

(Tagstotranslate) India (T) Export (T) Ministry of Commerce (T) Electronics Products (T) Business News in Hindi (T) Business Diary News in Hindi

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