Imports in May rose by 68.54% to $38.53 billion, from $22.86 billion in May 2020. In May 2019, imports stood at $46.68 billion
India is a net importer in May 2021 with a trade deficit of $6.32 billion.
Rice exports are at an all-time high that includes, 13.09 million tonnes non-basmati of Rs 35,448.24 crore and 4.63 million tonnes basmati of Rs 29,84
India's imports rose over three-fold to $45.72 billion last month as against $17.12 billion in April 2020
Imports too rose by 80.7% to $8.86 billion during May 1-7, 2021 as against $4.91 billion in the same period last year and $10.39 billion in 2019
The decline in gold imports has helped in narrowing the country's trade deficit to $84.62 billion during the 11-month of the current fiscal, as agains
PM Narendra Modi said the government is continuously carrying out reforms to boost domestic manufacturing
Imports too grew by 2% to about USD 42 billion, leaving a trade deficit of USD 14.54 billion during the month under review