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Economy

Merchandise Exports Rise 42.33% to US$ 35.47 Billion in October

According to provisional data released by the government, India’s merchandise exports in October rose 42.33% to US$ 35.47 billion.

By Kautilya / November 5, 2021

According to provisional data released by the government, India’s merchandise exports in October rose 42.33% to US$ 35.47 billion.

The exports stood at US$ 24.92 billion in October 2020 and US$ 26.23 billion in October 2019.

India’s merchandise exports in October 2021 was US$ 35.47 billion, an upsurge of 42.33% over US$ 24.92 billion in October 2020 and a rise of 35.21% over US$ 26.23 billion in October 2019, as per the data.

The merchandise imports rose 62.49% to US$ 55.37 billion from US$ 34.07 billion in October 2020. which was US$ 37.99 billion in October 2019.

As per the statistics, the trade deficit in October 2021 was US$ 19.9 billion and US$ 98.71 billion during April-October 2021.

The gold imports remained at US$ 5.1 billion in October compared to US$ 2.49 billion a year ago, an upsurge of 104.25%.

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