associate sponsors


Exports jump 27.6% in March; trade deficit swells to US $10.4 billion

New Delhi: India's exports grew by 27.6 percent to US $29.23 billion in March on account of robust performance by sectors like petroleum, textiles, engineering goods and gems and jewellery.



Imports too jumped 45.25 percent to US $39.66 billion last month from US $27.3 billion in March 2016.

A huge spike in gold imports pushed the trade deficit to US $10.43 billion during the month under review from US $4.4 billion a year ago.

The imports of the precious metal rose to US $4.17 billion in March this year compared to US $973.45 million in the same month last year.

For the full fiscal 2016-17, exports saw a growth of 4.71 percent at US $274.64 billion against US $262.3 billion in 2015-16.

Updated Date: Apr 13, 2017 19:33 PM

Also Watch

Firstpost in Russia: Moscow to St. Petersburg, on a free World Cup train
  • Monday, July 2, 2018 Social Media Star: Richa Chadha, Kunal Kamra talk about their political views, and why they speak their mind
  • Tuesday, June 26, 2018 It's A Wrap: Swara Bhasker talks about Veere Di Wedding and Twitter trolls, in conversation with Parul Sharma
  • Tuesday, June 19, 2018 Rahul Gandhi turns 48: Congress chief, who once said 'power is poison', should focus on party rather than on 'hate Modi' mission
  • Monday, June 4, 2018 It's A Wrap: Bhavesh Joshi Superhero makers Anurag Kashyap, Vikramaditya Motwane in conversation with Parul Sharma

Also See