Exports up 67.4%, imports up 68.5% in May 2021

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Exports up 67.4%, imports up 68.5% in May 2021

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India's merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39 per cent over May 2020 and an increase of 7.93 per cent over May 2019.

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India's merchandise imports in May 2021 were USD 38.53 billion, an increase of 68.54 per cent over May 2020 and a decline of 17.47 per cent over May 2019.

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India is thus a net importer in May 2021 with a trade deficit of USD 6.32 billion.

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Exports of Petroleum products in May 2021 recorded a growth of 200 per cent as compared to May 2020.

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Exports of Drugs and pharmaceuticals in May 2021 was the lowest at USD 107.2 million.
Story: Shivani Sharma
Design: Pragati Srivastava