Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

India’s gold imports surged by 78.33% to $ 3.13 billion in April.


Date: 19-05-2015
Subject: India’s gold imports surged by 78.33% to $ 3.13 billion in April
Mumbai - India's trade deficit gap for April widened, according to the Directorate General of Commercial Intelligence and Statistics (DGCIS) of the Ministry of Commerce and Industry, reaching $10.99 billion.

Exports in the fourth month of 2015 were 14% lower than a year ago, following a staggering fall in exports in March.

Meanwhile, imports also declined and came in 7.5%, less than the same month a year ago, while in March it was 13.4% less.

Oil imports dipped 42.65% during April, while non-oil imports grew by 12.58%.

However, gold imports surged by 78.33% y/y to $ 3.13 billion in April on declining prices and easing of restrictions by the RBI. Imports of the precious metal stood at $ 1.75 billion in the same month of 2014. In March, imports grew 94% to USD 4.98 billion.

Increasing gold import is one of the reasons for the widening trade deficit in April, which stood at USD 11 billion as against USD 10 billion in April 2014. India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.

Source : fxstreet.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-09-2025
Corrigendum
Corrigendum to Notification No. 9/2025 – Central Tax (Rate) dated 17.09.2025

Date: 17-09-2025
Notification No. 13/2025-Central Tax (Rate)
Seeks to amend Notification No. 21/2018- Central Tax (Rate) dated 26.07.2018.

Date: 17-09-2025
Notification No. 14/2025-Central Tax (Rate)
Seeks to notify GST rate for bricks.

Date: 17-09-2025
Notification No. 37/ 2025-Customs
Seeks to amend Notification No.19/2019-Customs dated 06.07.2019

Date: 17-09-2025
Notification No. 38/ 2025-Customs
Seeks to amend Notification No.29/2025-Customs dated 09.05.2025

Date: 17-09-2025
Notification No. 39/2025-Customs
Seeks to amend Notification No.50/2017-Customs, dated 30.06.2017

Date: 17-09-2025
NOTIFICATIONNo. 15/2025 – Central Tax
Seeks to exempt taxpayer with annual turnover less than Rs 2 Crore from filing annual return.

Date: 17-09-2025
NOTIFICATION No. 16/2025–Central Tax
Seeks to notify clauses (ii), (iii) of section 121, section 122 to section 124 and section 126 to 134 of Finance Act, 2025 to come into force.

Date: 17-09-2025
Notification No. 12/2025-Central Tax (Rate)
Seeks to amend Notification No. 8/2018- Central Tax (Rate) dated 25.01.2018.

Date: 17-09-2025
NOTIFICATION No. 14/2025 – Central Tax
Seeks to notify category of persons under section 54(6).



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001