India’s overall exports to grow at 16.18% during 2022-23

March 16, 2023 India Ties Business, Economy, Finance, Markets Comments Off on India’s overall exports to grow at 16.18% during 2022-23
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Mar 16: India’s overall exports (Merchandise and Services combined) in April-February 2022-23 are estimated to exhibit a positive growth of 16.18 per cent over the same period last year (April-February 2021-22). As India’s domestic demand has remained steady amidst the global slump, overall imports in April-February 2022-23 are estimated to exhibit a growth of 19.93 per cent over the same period last year

Trade during April-February 2022-23*

  April-February 2022-23(USD Billion)April-February 2021-22(USD Billion)
MerchandiseExports405.94377.43
Imports653.47549.96
Services*Exports296.94227.58
Imports164.00131.66
Overall Trade (Merchandise+Services) *Exports702.88605.01
Imports817.46681.62
Trade Balance-114.58-76.62
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