India April trade deficit at $15.24 bln

India’s trade deficit in goods was $15.24 billion in April, preliminary data released by the government on Sunday showed, Reuters reported.

Merchandise exports rose to $30.21 billion for the month from $10.17 billion a year earlier, while imports rose to $45.45 billion from $17.09 billion, the data showed.

Last year India was under a strict national lockdown to curb the spread of the coronavirus, leading to a significant reduction in international trade volumes.

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