Nayagarh,(Baghuabarta): India’s merchandise exports of India grew 42.33% to $35.47 billion in October 2021, against $24.92 billion in October last year. However, trade deficit widened to $19.90 billion, marking a rise of 117.38%. According to the Preliminary data released by the commerce ministry, non-petroleum exports accounted for $30.27 billion of the overall merchandise exports, registering a positive growth of 29.63%, over $23.35 billion seen in the year-ago period. Non-petroleum and non-gems and jewellery exports made up $26.05 billion of the total exports last month, registering a positive growth of 27.54% over $20.43 billion seen a year ago, driven by engineering goods, petroleum products, gems and jewellery, organic and inorganic chemicals and textiles.
Merchandise Exports Up By 45 Per Cent, But Trade Deficit Doubles
