Goods exports dip 9.3%, imports up 3.2% in August
The dip in exports was primarily due to the decline in the value of petroleum products and gem and jewellery exports.
The dip in exports was primarily due to the decline in the value of petroleum products and gem and jewellery exports.
Overall trade deficit dipped 37.11% to $70.43 billion in April-January 2023-24 from $111.99 billion in the year-ago period.
Labour-intensive sectors also contributed to the exports basket, which itself is a good sign, further helping job creation in the country.