May Exports Rise Marginally by 3.8% Over April; 20% Jump in Engineering. Mainly Steel and Capital Goods, Electronics including Mobile Stable

·         May Exports to US Rise to $8.8bn Over April by 4% as Dollar Rises and US Tariff Loses, Chain Up 14% on Strength of Engineering Goods, Singapore Down but UAE Up

·         May Imports Jump to 73bn a Rise of 2%, Petroleum Jumps 22% Following Iran War and Rupee Fall, Gold Import and Electronics Fall to Compensate Boming Crude

·         China Jumps a Good 10% to Hit $12.72bn in Import Basket, Occupies No. 1 Position

·         Russia Imports Reach $9.4bn, Mainly Oil, UAE Hits $5.7bn

 

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