Zee Media Bureau
New Delhi: India's exports rose from a 5-month low in August to grow at 2.73 percent in September to USD 28.9 billion while registering a growth of 6.7 percent during the April-September period.
However, the trade deficit in September more than doubled to USD 14.2 billion as against USD 6.12 billion in the same month last year.
In August, exports growth had slipped to 5-month low of 2.35 percent at USD 26.95 billion, pushing up the trade deficit to USD 10.83 billion.
Meanwhile, imports of gold jumped to USD 3.75 billion as compared to the USD 682.5 million in September last year.
Gold imports jumped significantly to USD 2.03 billion last month, from USD 738.7 million a year ago.
Exports in May and June had registered a growth of 12.4 percent and 10.22 percent respectively. In July, export growth slipped further to 7.33 percent.
For the April-August period - first five months of the current fiscal - exports have grown 7.31 percent to USD 134.79 billion. Imports, however, have dipped by 2.69 percent to USD 190.94 billion.
With PTI Inputs
