Exports plunge record 60.28% to $10.36 bn in April, pandemic hits imports too; trade deficit narrows to $6.7 bn
The country's exports had contracted by 34.57 percent in March 2020.
India's exports grew by 2.25 percent to $26.33 billion in July, government data showed on Wednesday
The Exim Bank estimate said merchandise exports will go up to $82.39 billion for the third quarter of the fiscal year, as against $77 billion.
India's trade deficit widens to more than five-year high of $16.6 bn; imports soar by 21.31% to $44.3 bn
The trade deficit in June 2018 is the highest since November 2014 when the gap was $16.86 billion. The deficit in June 2017 stood at $12.96 billion
Imports too dipped by 23.1 percent to $25.41 billion in the month under review as against $33 billion in April 2015