Economic news
India’s merchandise exports rise to $35.2 billion in June, trade ministry says
2024.07.15 05:14
NEW DELHI (Reuters) – India’s merchandise exports rose to $35.2 billion in June from $34.32 billion a year ago, helped by increased shipments of engineering goods and commercial vehicles, data from the Commerce Ministry showed on Monday.
Merchandise imports in Asia’s third-largest economy rose to $56.18 billion in the same month.
As a result, India’s trade deficit narrowed to $20.98 billion in June from $23.78 billion in May.
Analysts had expected a deficit of $21.5 billion, according to a Reuters poll.
