<p>New Delhi: India's merchandise exports in May 2024 rose by 9 per cent to $38.13 billion, from $34.95 billion in the year-ago month, according to government data released on Friday.</p>.<p>Imports too increased by 7.7 per cent to $61.91 billion, from $57.48 billion in May 2023.</p>.<p>Trade deficit, or the gap between imports and exports, during the month under review stood at $23.78 billion.</p>.India's manufacturing sector growth eases in May; upturn in exports strongest in over 13 years: PMI survey.<p>Briefing media on the data, Commerce Secretary Sunil Barthwal said May has been an excellent month in terms of exports and "I hope that this trend will continue".</p>.<p>In April 2024, outbound shipments rose by one per cent to $35 billion.</p>.<p>Exports during April-May this fiscal rose by 5.1 per cent to $73.12 billion and imports rose by 8.89 per cent to $116 billion during April-May 2024-25. </p>
<p>New Delhi: India's merchandise exports in May 2024 rose by 9 per cent to $38.13 billion, from $34.95 billion in the year-ago month, according to government data released on Friday.</p>.<p>Imports too increased by 7.7 per cent to $61.91 billion, from $57.48 billion in May 2023.</p>.<p>Trade deficit, or the gap between imports and exports, during the month under review stood at $23.78 billion.</p>.India's manufacturing sector growth eases in May; upturn in exports strongest in over 13 years: PMI survey.<p>Briefing media on the data, Commerce Secretary Sunil Barthwal said May has been an excellent month in terms of exports and "I hope that this trend will continue".</p>.<p>In April 2024, outbound shipments rose by one per cent to $35 billion.</p>.<p>Exports during April-May this fiscal rose by 5.1 per cent to $73.12 billion and imports rose by 8.89 per cent to $116 billion during April-May 2024-25. </p>