Exports rise by 1.3% in April 2019

India’s total exports (merchandise + services) are estimated to have grown by 1.34% YoY in April 2019 to reach US$ 44.06 billion, according to latest estimates released by the Department of Commerce. With total imports estimated at US$ 52.83 billion, India’s trade deficit was recorded at US$ 8.78 billion for the month. 

The major export commodities in terms of YoY growth were petroleum products (30.75%), electronic goods (27.78%), organic & inorganic chemicals (15.06%), RMG of all textiles (4.42%) and drugs & pharmaceuticals (4.03%).