Exports up 6.21% to $33.57 billion in October; trade deficit high at $31.36 billion: Govt data
NEW DELHI: India's merchandise exports rose by 6.21 per cent to $33.57 billion in October this year even as trade deficit ballooned to $31.46 billion during the month, government data showed on Wednesday.Imports increased to $65.03 billion in the month under consideration, as against $57.91 billion recorded in October 2022.The country's trade deficit in October stood at $31.46 billion.During the April-October period of this fiscal year, exports contracted by 7 per cent to $244.89 billion. Imports during the seven-month period fell by 8.95 per cent to $391.96 billion.Commerce Secretary Sunil Barthwal said the trade numbers in October reflect 'green shoots' of recovery in outbound shipments. !(function(f, b, e, v, n, t, s) {
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