Exports jump 46% to $33.28 billion in August, imports climb 52% to $47 billion
Imports in August increased by 51.72% to $47.09 billion, as against $31.03 billion in August 2020.
According to data from commerce ministry on Tuesday, India’s exports increased by 45.76% to $33.28 billion in August as against $22.83 billion in the same month last year.
The data showed imports during the month climbed by 51.72% to $47.09 billion. In August, trade deficit widened to $13.81 billion as compared to the same month in the year ago period.
Cumulative value of exports for the period April-August 2021 expanded by 67.33 per cent to $164.10 billion, compared to $98.06 billion in the year-ago period.
From the period between April and August 2021, exports cumulatively increased by 67.33% to $164.10 billion, while it was only $98.06 billion a year ago.
During the same period, imports were at $219.63 billion as against $121.42 billion.
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