India's exports jump 46% to $33.28 billion in August

#Business, #Commerce Ministry, #Economy, #Exports, #imports, #trade deficit

India’s exports rose by 45.76 percent to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday.

Imports during the month increased by 51.72 percent to $47.09 billion, the data showed.

Trade deficit in August widened to $13.81 billion as against $8.2 billion in the same month last year.

Cumulative value of exports for the period April-August 2021 expanded by 67.33 percent to $164.10 billion, compared to $98.06 billion in the year-ago period.

Imports during April-August 2021 stood at $219.63 billion as against $121.42 billion.

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