Exports bounce 43% in Oct

Eexports rose by 43 per cent to $35.65 billion in October whereas commerce deficit widened to $19.73 billion in the course of the month, in line with the official information launched on Monday. Imports soared by 62.51 per cent to $55.37 billion, widening the commerce deficit.
Cumulatively, exports throughout April-October stood at $233.54 billion, which is a rise of 55.13 per cent in comparison with the identical interval final 12 months.
Sectors that recorded optimistic development in October are petroleum, espresso, engineering items, cotton yarn, made-ups, and gems and jewelry, amongst others.
With PTI inputs