STOCK MARKET BSE NSE

Exports up over 50 per cent to USD 7.41 billion during August 1-7

Imports during the week too grew by about 70 per cent to USD 10.45 billion, leaving a trade deficit of USD 3 billion. Exports of engineering goods increased by 63 per cent to USD 834 million.

Published: 10th August 2021 02:12 PM  |   Last Updated: 10th August 2021 02:12 PM   |  A+A-

Exports, imports, export, import, trade

For representational purpose. (Photo | AP)

By PTI

NEW DELHI: The country's exports rose by 50.45 per cent to USD 7.41 billion during August 1-7, on account of healthy growth in the shipments of engineering goods, gems and jewellery as well as petroleum products, according to provisional commerce ministry data.

Imports during the week too grew by about 70 per cent to USD 10.45 billion, leaving a trade deficit of USD 3 billion. Exports of engineering goods increased by 63 per cent to USD 834 million.

Similarly, the outbound shipments of gems & jewellery rose by 121 per cent to USD 418 million. For petroleum products exports increased 145 per cent to USD 522 million, the data showed.

However, exports of iron ore, oil meals and oil seeds recorded negative growth. Oil imports during August 1-7, jumped by about 141 per cent to USD 1.80 billion.

Similarly, imports of electronic goods rose by nearly 31 per cent to USD 308 million. Gold imports during the period declined by 12.48 per cent to USD 100 million. Exports to the US, UAE and Saudi Arab grew by 48.4 per cent to USD 462.7 million, 70 per cent to USD 209-7 million, and 180 per cent to about USD 164 million, respectively.



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.

edexworks
flipboard facebook twitter whatsapp