The trade deficit, though, widened to $20.11 billion, as in comparison with $15.29 in April 2021.
In the meantime, imports too noticed a progress of 30.97 % to $60.three billion.
“After a report efficiency within the final monetary 12 months, the exports continued sturdy progress in April, 2022 with merchandise exports scaling a brand new excessive by crossing USD 40 billion,” the commerce ministry mentioned.
Petroleum and crude oil imports in the course of the month rose by 87.54% to $20.2 billion.Coal, Coke and Briquettes imports jumped to $4.93 billion, as in opposition to $2 billion in April 2021.
Engineering items exports elevated by 15.38% to $9.2 billion, whereas petroleum merchandise exports soared 113.21% to $7.73 billion.
Gold imports dipped by round 72% to $1.72 billion in April, from $6.23 billion in April 2021.