New Delhi: After a record performance in the last financial year, the exports continued robust growth in April with merchandise exports scaling a new high by crossing US $ 40 billion. This is an increase by over 30 per cent vis-à-vis April 2021.

Petroleum products (127.69 pc), electronic goods (71.69 pc), cereals (60.83 pc), coffee (59.38 pc), processed food (38.82 pc) and leather product (36.68 pc) exports led the way in achieving the record performance. Services performed extremely well to reach US $ 27.60 billion, which is an increase of 53 per cent over April 2021.

India’s overall exports - merchandise and services combined – in April 2022 are estimated to be US $ 67.79 billion, exhibiting a positive growth of 38.90 per cent over the same period last year. Overall imports in April 2022 are estimated to be USD 75.87 billion, exhibiting a positive growth of 36.31 per cent over the same period last year, said the Ministry of Commerce and Industry in a statement. /BI/