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FILE PHOTO: A general view of a container terminal is seen at Mundra Port in Gujarat April 1, 2014. REUTERS/Amit Dave
NEW DELHI (Reuters) – India’s merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, the Trade Ministry said in a statement said on Wednesday.
Merchandise exports fell to $21.41 billion in March compared with a year earlier, while imports were down 28.72% to $31.16 billion, the data showed.
Reporting by Aftab Ahmed and Manoj Kumar; Editing by Alex Richardson
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