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India's April trade deficit widens to $13.25 billion

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Reuters NEW DELHI
Last Updated : May 15 2017 | 6:22 PM IST

NEW DELHI (Reuters) - India's trade deficit widened for the second straight month in April to $13.25 billion, on the back of higher crude oil and gold imports, compared with $10.44 billion in the previous month, government data showed on Monday.

Merchandise exports rose 19.77 percent to $24.64 billion in April from a year earlier, while imports rose 49.07 percent to $37.88 billion, statement issued by the Ministry of Commerce and Industry showed.

(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon)

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First Published: May 15 2017 | 6:07 PM IST

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