India's exports grew 22 per cent to $33.81 billion in February

Daily Current Affairs / India's exports grew 22 per cent to $33.81 billion in February

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Category : Business and economics Published on: April 15 2022

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India's exports rose by 22.36 per cent to USD 33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to USD 21.19 billion, according to preliminary data released by the commerce ministry on Wednesday.
Imports during the month too jumped by about 35 per cent to USD 55 billion.
The trade deficit, the difference between imports and exports, stood at USD 13.12 billion in February 2021.
Imports during the 11-month period rose by 59.21 per cent to USD 550.12 billion.