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India's April exports rise to over $30 bn
TIWN
India's April exports rise to over $30 bn
PHOTO : TIWN

New Delhi, May 14 (TIWN) The low base effect powered India's merchandise exports to grow by over 195 per cent on year-on-year basis last month.

"As compared to April 2019, exports in April 2021 exhibited a positive growth of 17.62 per cent in dollar terms and 26.17 per cent in rupee terms," an official statement on foreign trade said.     

"Non-petroleum and non-gems and jewellery exports in April 2021 were $23.62 billion, as compared to $9.08 billion in April 2020, registering a positive growth of 160.24 per cent." 

As compared to April 2019, the non-petroleum and non-gems and jewellery exports in April 2021 registered a positive growth of 20.47 per cent.  Similarly, India's merchandise imports grew in April 2021, rising to $45.72 billion, with an increase of 167.05 per cent over $17.12 billion in April 2020.

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