You can find the link to the previous numbers here Trade deficit for the month of April 2023 came in at $ 15.24 bn much lower at than consensus expectations of $ 19.50 bn. Services sector performance continues to be robust with services surplus at $ 13.38 bn. April Merchandise exports $ 34.66 bn ( -10% mom) & Services Exports $ 30.36 bn ( +9% mom) Exports were driven by sharp rise in oil meals , electronic goods and rice while gems and jewellery, jute, textiles etc showed sharp contraction. April Merchandise Imports $ 49.99 bn (-14% mom) & Services Imports $ 16.50 bn ( +17% mom) Import contraction was driven by sharp fall in fertilisers, gold and vegetable oil while pulses, machinery, electrical goods rose. Overall Trade deficit came in sharply lower at $ 1.38 bn. If the services sector continues to show robust performance like has been the trend over the last year with per month trade deficit averaging $ 2 bn and Income plus transfers averagin...
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