STOCK MARKET BSE NSE

Exports up 3.98% to USD 312.35 Billion in 2013-14

Published: 11th April 2014 01:51 PM  |   Last Updated: 11th April 2014 01:51 PM   |  A+A-

By PTI

India's exports grew by 3.98 per cent to USD 312.35 billion in FY 2013-14 while imports dipped by 8.11 per cent during the period.

Imports declined to USD 450.94 billion, narrowing the trade deficit to USD 138.59 billion in the last fiscal.

In FY 2012-13, trade deficit stood at USD 190.33 billion.

However, in March exports contracted by 3.15 per cent to USD 29.57 billion and imports fell by 2.11 per cent to USD 40 billion as compared to the same period last year.

Trade deficit during the month was at USD 10.5 billion as against USD 10.4 billion in March 2013.

In FY 2012-13, the country's merchandise exports had aggregated at USD 300.4 billion.

The overall shipments in 2013-14 fell short of the target of USD 325 billion fixed by the government for the period.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp