India's exports surge to four-year high in April. Goods exports jumped 13.78% year-on-year to $43.56 billion, driven by strong performance in electronics, engineering goods, and petroleum products. Electronics exports surged 40.31%, petroleum products rose 34.66%, and engineering goods climbed 8.76%. However, imports also grew 10% to $71.94 billion, widening the trade deficit to $28.38 billion, a three-month high. West Asia disruptions significantly impacted trade, with exports to the region falling 28% despite overall growth. Gold and silver imports surged substantially, rising 81.69% and 157.16% respectively. India's commerce secretary noted the growth reflects both rising prices and strong industry performance in maintaining supply chains amid global geopolitical tensions.
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