India's March Exports Down 34.6% Y/Y

April 15, 2020

India's merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, the Trade Ministry said in a statement said on Wednesday.

Merchandise exports fell to $21.41 billion in March compared with a year earlier, while imports were down 28.72% to $31.16 billion, the data showed.

© Andrew Babble / Adobe Stock
© Andrew Babble / Adobe Stock


(Reporting by Aftab Ahmed and Manoj Kumar; Editing by Alex Richardson)

Related News

Salvors Set to Blast Collapsed Baltimore to Pieces Worker Dies in Accident at Peru's Chancay Megaport Project Vessel Hijacking Attempt Reported off the Coast of Yemen Panama and UAE Establish Blue Pass Project Greece Aims to Deter Russian Oil Ship-to-Ship Transfers