<h1>India's April 2020 Exports Drop 36.65%, Imports Fall 47.36%, Trade Surplus Achieved Amid Global COVID-19 Slowdown.</h1> In April 2020, India's total exports, combining merchandise and services, were estimated at USD 27.96 billion, marking a 36.65% decline from the previous year. Imports were USD 27.80 billion, down by 47.36%. Merchandise exports fell by 60.28% due to the global slowdown exacerbated by COVID-19, with significant declines in gems, jewelry, and textiles. Imports decreased by 58.65%, with oil imports dropping by 59.03%. The trade deficit for merchandise was USD 6.76 billion, while the overall trade balance showed a slight surplus of USD 0.16 billion, contrasting with a USD 8.67 billion deficit in April 2019.