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India's May trade deficit widens to $24.29 billion - trade ministry


Covid recovery - India's May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May's trade deficit was pushed up by a surge in imports, which rose 62.83% year-on-year to $63.22 billion, while exports rose 20.55% to $38.94 billion, revised trade data released by the Ministry of Commerce and Industry showed.

Reuters - June 15, 2022

View the full story here: https://www.reuters.com/markets/asia/indias-may-trade-deficit-widens-2429-billion-trade-ministry-2022-06-15/