The Reserve Bank of India also has $600 billion of currency reserves to draw on to curb any sharp fall in the rupee
The country is burdened by high inflation, rising food prices, raised electricity charges
On a sequential basis, they grew 5.35 per cent and 8.1 per cent as compared to May 2019
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Performance signals recovery in external demand as shipment values were nearly 8% higher than May 2019 figures
India's exports grew by 67.39% to $32.21 billion in May driven by healthy growth in sectors such as engineering, pharmaceuticals, petroleum products and chemicals
Imports too rose to $45.45 billion last month as against $17.09 billion in April 2020
Trade deficit widens to $14 billion despite 54% jump in imports
This is mainly due to robust double-digit growth in exports, coupled with contraction in imports
India becomes a net importer in March, trade deficit widens to $14 billion
The pandemic continued to disrupt global commerce
Exporters also cite container shortage; imports continue to rise due to revival in domestic economy and high commodity prices
India's exports marginally declined 0.25 per cent to $27.67 billion in February
Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent
Exports during April-January this fiscal dipped by 13.58 per cent to $228.25 billion
Trade deficit at 25-month high as imports surge 8% after continuous declines; Data shows industrial activity picking up in December
The country's exports declined marginally by 0.8 per cent to $26.89 billion in December 2020, due to contraction in sectors like petroleum, leather and marine products
Exports fell sharper at 8.7% in November from 5.1% in October, as demand remained muted in major overseas markets due to Covid-induced lockdowns
Outbound shipments in November this year stood at $23.43 billion, against $25.77 billion in the same month a year earlier
Covid-induced lockdowns in advanced nations hit exports, trade deficit at nine-month high