Exports

News:
  • India’s exports fell 36.47% in May to $19.05 billion.
  • Contraction is reported for the third straight month.
More in the news:
  • The contraction is due to drop in shipments at key sectors such as petroleum, textiles, engineering and gems and jewellery.
  • Imports too plunged 51% to $22.2 billion in May.
  • Trade deficit is now $3.15 billion, compared with $15.36 billion a year earlier.
Posted by Jawwad Kazi on 16th Jun 2020
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