India Trade Balance April 2022

India: Merchandise exports rise at a faster pace in April

Merchandise exports soared 30.7% annually in April (March: +19.8% year-on-year), chiefly on the back of rising shipments of food and grains. Meanwhile, merchandise imports shot up 31.0% on an annual basis in April (March: +24.2% yoy), mostly due to higher prices for imported crude oil.

As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 20.1 billion shortfall in April (March 2022: USD 18.5 billion deficit; April 2021: USD 15.3 billion deficit). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 204.3 billion deficit in April, compared to the USD 199.3 billion deficit in March.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest