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AmextaFinance > Investing > India April Exports Fell 12.7% on Year at $34.66 Bln
Investing

India April Exports Fell 12.7% on Year at $34.66 Bln

News Room
Last updated: 2023/05/15 at 10:35 PM
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*India April Exports Fell 12.7% on Year at $34 Bln

By Ed Frankl

India’s trade deficit in goods narrowed on year in April, with both imports and exports falling, suggesting weakening demand both domestically and globally for Indian goods.

The trade deficit–the difference between exports and imports of goods–came in at $15.24 billion in April compared with a $18.36 billion deficit for the same month of 2022, government data showed Monday.

Exports fell 12.7% on year to $34.66 billion, while imports dropped 14.1% to $49.90 billion, the data showed.

Write to Ed Frankl at edward.frankl@wsj.com


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News Room May 15, 2023 May 15, 2023
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