New Delhi, Nov 14 (PTI) Export declined by 1.12 per centto USD 23 billion in October, retreating from a six-month highgrowth in September as shipments of textiles, pharmaceuticals,leather and gems and jewellery fell, official data showed.
Imports, however, grew by 7.6 per cent to USD 37.11billion in October from USD 34.5 billion in the year-agomonth, the commerce ministry data released today showed.
Trade deficit widened to USD 14 billion during the monthunder review as against USD 11.13 billion in October 2016.
Gold imports dipped by 16 per cent to USD 2.94 billionlast month.
Oil and non-oil imports grew by 27.89 per cent and 2.19per cent to USD 9.28 billion and USD 27.83 billion,respectively in October.
Cumulative exports during April-October 2017-18increased by 9.62 per cent to USD 170.28 billion, whileimports grew by 22.21 per cent to USD 256.43 billion, leavinga trade deficit of USD 86.14 billion.
In October, petroleum, engineering and chemicalsexports grew by 14.74 per cent, 11.77 per cent and 22.29 percent, respectively.
India's export had soared by 25.67 per cent to USD 28.61billion in September, logging its highest growth in last sixmonths on the back of expansion in shipments of chemicals,petroleum and engineering products. PTI RRMR.
This is unedited, unformatted feed from the Press Trust of India wire.