<h1>India's Exports Rise 5.35% in April-August 2024, Trade Deficit Hits USD 46.46 Billion with Key Growth in Goods & Services.</h1> During April-August 2024, India's total exports reached an estimated USD 374.33 billion, marking a 5.35% increase from the same period in 2023. Merchandise exports grew by 1.14% to USD 178.68 billion, while imports rose by 7.20% to USD 375.33 billion, resulting in a trade deficit of USD 46.46 billion. Notable increases in exports were seen in engineering goods, chemicals, electronic goods, textiles, and pharmaceuticals. Services exports grew by 10.84% during this period. Key export growth destinations included the Netherlands, Kenya, and Russia, while major import sources were the UAE, Switzerland, and China.