India Exports News: Exports rises 21% to USD 23.7 bn during May 1-21

The country’s exports rose by 21.1 per cent to USD 23.7 billion during May 1-21, on account of healthy growth in various sectors, such as petroleum products, engineering, and electronic goods, an official said. During the second week of this month (May 15-21), the exports grew by about 24 per cent to USD 8.03 billion, the official added.
Petroleum products, engineering, and electronic goods’ exports during May 1-21 expanded by 81.1 per cent, about 17 per cent and about 44 per cent, respectively.
The total figure for May is likely to be realised by the commerce ministry in June.

In April, the exports rose by 30.7 per cent to USD 40.19 billion. Imports during the month grew by 30.97 per cent to USD 60.3 billion.
(The one-stop destination for MSME, ET RISE provides news, views and analysis around GST, Exports, Funding, Policy and small business management.) Download The Economic Times News App to get Daily Market Updates & Live Business News.