India’s exports grew by 5.37 per cent year-on-year to USD 27.24 billion in January 2021, mainly driven by healthy growth in pharmaceuticals and engineering sectors, according to provisional data of the commerce ministry.
Import
On the other hand, Import have also shown a significant growth
During the month It has rose 2 per cent to USD 42 billion, resulting in a trade deficit of USD 14.75 billion, the data showed.
Pharmaceutical and Engineering
Exports of pharmaceuticals and engineering grew 16.4 per cent (USD 293 million), and about 19 per cent (USD 1.16 billion), respectively.
Press the 🔔 Icon for notifications of all new updates
