<p class="title">India's exports soared by 17.57 per cent to USD 27.7 billion in June but the trade deficit widened to a more than three-and-a-half-year high of USD 16.6 billion due to costlier crude oil imports.</p>.<p class="bodytext">Imports too rose by 21.31 per cent to USD 44.3 billion during the month, according to the data released by the commerce ministry.</p>.<p class="bodytext">The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.</p>.<p class="bodytext">During April-June this fiscal, exports rose by 14.21 per cent to USD 82.47 billion.</p>.<p class="bodytext">Imports during the first quarter of the fiscal increased by 13.49 per cent to USD 127.41 billion, leaving a trade deficit of USD 44.94 billion.</p>.<p class="bodytext">Exporting sectors, which helped to push the shipments in June include petroleum products, chemicals, pharmaceuticals, gems and jewellery, and engineering goods.</p>.<p class="bodytext">Oil imports during the month were up by 56.61 per cent to USD 12.73 billion.</p>.<p class="bodytext">Gold imports in June dipped by about 3 per cent to USD 2.38 billion.</p>
<p class="title">India's exports soared by 17.57 per cent to USD 27.7 billion in June but the trade deficit widened to a more than three-and-a-half-year high of USD 16.6 billion due to costlier crude oil imports.</p>.<p class="bodytext">Imports too rose by 21.31 per cent to USD 44.3 billion during the month, according to the data released by the commerce ministry.</p>.<p class="bodytext">The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.</p>.<p class="bodytext">During April-June this fiscal, exports rose by 14.21 per cent to USD 82.47 billion.</p>.<p class="bodytext">Imports during the first quarter of the fiscal increased by 13.49 per cent to USD 127.41 billion, leaving a trade deficit of USD 44.94 billion.</p>.<p class="bodytext">Exporting sectors, which helped to push the shipments in June include petroleum products, chemicals, pharmaceuticals, gems and jewellery, and engineering goods.</p>.<p class="bodytext">Oil imports during the month were up by 56.61 per cent to USD 12.73 billion.</p>.<p class="bodytext">Gold imports in June dipped by about 3 per cent to USD 2.38 billion.</p>