16/5/2018

Gold imports decline 33%, exports rise 5.2% in April

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A sharp decline in gold imports helped keep trade deficit in check in April, even as exports rose at a modest pace in the first month of the new fiscal year. Exports rose 5.2% to $25.91 billion in April, as per data released by the commerce and industry ministry. Imports grew 4.6% on year at $39.63 billion, leaving a trade deficit of $13.72 billion, almost the same level as in March. 



Source: ET

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Tags: Commodity News

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