May 15, 2017 / 12:39 PM / 4 months ago

India's April trade deficit widens to $13.25 billion

A worker prepares to stack a container at Thar Dry Port in Sanand in Gujarat, February 1, 2011. REUTERS/Amit Dave/Files

NEW DELHI (Reuters) - India’s trade deficit widened for the second straight month in April to $13.25 billion, on the back of higher crude oil and gold imports, compared with $10.44 billion in the previous month, government data showed on Monday.

Merchandise exports rose 19.77 percent to $24.64 billion in April from a year earlier, while imports rose 49.07 percent to $37.88 billion, statement issued by the Ministry of Commerce and Industry showed.

Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Malini Menon

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