Oil imports were up 49.46 per cent to $11.5 billion on back of surge in international crude prices.
India's trade deficit widened to four month high of $14.62 billion in May as imports surged nearly 15 per cent, the government said on Friday.
Commerce Minister Suresh Prabhu said exports in May rose by 28.18 per cent to $28.86 billion while imports were up 14.85 per cent to $43.48 billion.
Trade deficit widened to $14.62 billion from $13.84 billion in May 2017.
Oil imports were up 49.46 per cent to $11.5 billion on back of surge in international crude prices.
Gold imports were up 16.6 per cent to $1.18 billion in May.
Photograph: Amit Dave/Reuters
Why family matters so much in India's diamond trade
Want to insure your car against tree falls, flood damage?
TCS board okays Rs 16K cr share buyback
Why govt's drive to promote generic drugs is flawed
At least a cycle for every Indian. Hero offers a 2k model