India’s exports rise in March; trade deficit at $10.4 bn

For the financial year ended 31 March, exports contracted 1.76% to $300.6 billion

Exports grew 6.97% to $30.8 billion while imports fell 2.87% to $41.2 billion, leaving a trade deficit of $10.4 billion. Photo

Updated: Thu, Apr 18 2013. 03 28 PM IST

New Delhi: India’s exports grew in March while imports contracted, but the country was still left with a hefty trade deficit, according to figures released on Thursday.

Exports grew 6.97% to $30.8 billion while imports fell 2.87% to $41.2 billion, leaving a trade deficit of $10.4 billion.

For the financial year ended 31 March, exports contracted 1.76% to $300.6 billion while imports grew 0.44% to $491.2 billion, leading to a trade deficit of $190.9 billion.

 

PREETI CHAUHAN

PGDM 2sem