April Trade Deficit Stood At $15.24 Billion

India's trade deficit in goods was $15.24 billion in April, preliminary data released by the government on Sunday showed. Merchandise exports rose to $30.21 billion for the month from $10.17 billion a year earlier, while imports rose to $45.45 billion from $17.09 billion, the data showed.

India was under a strict national lockdown Last year to curb the spread of the coronavirus, leading to a significant reduction in international trade volumes.