https://www.taxtmi.com/news?id=24079 Preliminary May 2021 merchandise trade statistics show strong year-on-year export recovery and pronounced import recovery, with exports driven by non-petroleum and non-gems-and-jewellery categories and imports influenced by oil and select industrial inputs. Commodity-group breakdowns identify significant positive performers (cereals, iron ore, engineering goods, certain textiles, petroleum products) and continued weakness in others (gems and jewellery, leather, some textiles). The trade balance remained a deficit in May 2021, wider than May 2020 but narrower than May 2019. en-us Wed, 02 Jun 2021 14:20:13 +0530 Wed, 02 Jun 2021 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24079 Preliminary May 2021 merchandise trade statistics show strong year-on-year export recovery and pronounced import recovery, with exports driven by non-petroleum and non-gems-and-jewellery categories and imports influenced by oil and select industrial inputs. Commodity-group breakdowns identify significant positive performers (cereals, iron ore, engineering goods, certain textiles, petroleum products) and continued weakness in others (gems and jewellery, leather, some textiles). The trade balance remained a deficit in May 2021, wider than May 2020 but narrower than May 2019. News - Wed, 02 Jun 2021 14:20:13 +0530 https://www.taxtmi.com/news?id=24079