Exports rise 42.33% to $35.47 billion in October

NEW DELHI: India’s merchandise exports in October rose 42.33 per cent to $35.47 billion, in accordance with provisional information launched by the federal government on Monday.
The exports stood at $24.92 billion in October 2020 and $26.23 billion in October 2019.
“India’s merchandise exports in October 2021 was $35.47 billion, a rise of 42.33 per cent over $24.92 billion in October 2020 and a rise of 35.21 per cent over $26.23 billion in October 2019,” as per an official assertion.
The merchandise imports surged 62.49 per cent to $55.37 billion from $34.07 billion in October 2020. It was $37.99 billion in October 2019.
As per the information, the commerce deficit in October 2021 was $19.9 billion and $98.71 billion throughout April-October 2021.
The gold imports stood at $5.1 billion in October in comparison with $2.49 billion a yr in the past, a rise of 104.25 per cent.