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NewsDrumIndia's exports dip 2.17 pc to USD 38.73 bn in May; trade gap shrinks to USD 21.88 bn
New Delhi, Jun 16 (PTI) After registering a positive growth for two months, India’s exports slipped into negative territory again, contracting 2.17 per cent year-on-year to USD 38.73 billion in May due to a fall in petroleum goods’ shipments, while trade deficit narrowed to USD 21.88 billion during the month. According to government data released […]
India’s goods exports contract 2.17% in May to $38.73 bn - India Seatrade News
India’s goods exports contracted 2.17 per cent (year-on-year) in May to $38.73 billion, following two consecutive months of growth, with sectors including petroleum products, gems & jewellery and engineering posting a decline. Trade deficit narrowed to $21.88 billion in May 2025, compared to $22.09 billion in May last year, as imports fell 1.7 per cent (year-on-year) to $60.61 billion. Petroleum products, gold and coal & coke contributed signifi…
– Import-export decreased in the month of May, trade deficit was $ 21.88 billion New Delhi, June 16. There is a shocking news on the economy front. The country's exports fell by 2.17 percent to $ 38.73 billion in May. Imports in May fell by 1.7 percent on an annual basis to $ 60.61 billion. During this period, the trade deficit was $ 21.88 billion, which was $ 26.42 billion in April. In the data released on Monday, the Ministry of Commerce and I…
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