Exports fell 0.7 per cent to 2.7 billion in February

(PTI) New delhi date. 2

Exports fell modestly in February after a two-month hike. India's exports fell 0.6 per cent to 2.7 billion in February and the trade deficit widened to ૨ 12.5 billion, according to data released by the government today.

According to data released by the government, imports grew by 6.5 per cent to ૪ 20.8 billion in February. The trade deficit was, 10.18 billion in February, 2020.

During the period from April 2020 to February 2021, total exports stood at 2.3 billion. It was ૮૭ 21.7 billion in the same period last year. Which represents a decrease of 12.5 per cent.

On the other hand, between April 2020 and February 2021, total imports stood at 20.5 billion. This represents a decrease of 3% over the same period last year.

Oil imports fell 12.5 per cent to ડો 2.7 billion in February 2011. In the first 11 months of the current financial year, oil imports fell by 20.15 per cent to 3.08 billion.

Exports of oilseeds, Aryan ore, rice, meat, dairy and poultry products, carpets, spices, pharma and chemicals increased in February.

On the other hand, in February, exports of petroleum products rose by 2.17 per cent, leather by 21.4 per cent, cashew exports by 12.5 per cent, gems and jewelery by 11.12 per cent, engineering goods by 2.8 per cent, tea by 2.4 per cent and coffee by 2.6 per cent. Exports declined by 0.2 per cent.

Gold imports rose to 6 billion in February. In January 2021, India's exports grew by 3.17 per cent to ૪૫ 2.7 billion.