imageCommodities10 hours ago (Jun 15, 2020 08:55AM ET)

(C) Reuters.

NEW DELHI (Reuters) – India’s merchandise exports shrank by more than a third in May from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, trade ministry data showed on Monday.

Merchandise exports were down by 36.47% to $19.05 billion in May, while imports were down 51.05% to $22.20 billion, the data showed.

Indian exports fall by over 36% in May

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