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India's exports rose marginally by 1.62 per cent to $33.92 billion and trade deficit more than doubled to $27.98 billion in August, data released by the commerce ministry said on Wednesday.
Trade deficit in August 2021 stood at $11.71 billion.
Imports rose by 37.28 per cent to $61.9 billion in August this year.
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Board of Trade meeting focused on export target setting, the new FTP, strategies to boost exportsDuring April-August FY23, exports registered a growth of 17.68 per cent to $193.51 billion, while imports grew by 45.74 per cent to $318 billion.
Trade deficit widened to $124.52 billion in April-August this fiscal as against $53.78 billion in the same period last year.
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