Exports increase by 40.5% to $15.13 billion between Oct 1-14
Exports increased by 57.53% to $197.89 billion in April-September period this fiscal as compared to $125.62 billion in the same time period last year.
According to preliminary data from the commerce ministry, India’s exports increased by 40.5% to $15.13 billion during October 1-14, on back of healthy performance in key sectors like petroleum products, engineering and chemicals. The data showed that imports increased by 60.72% to $14.82 billion. Similarly, the country’s merchandise exports increased by 22.63% YoY to $33.79 billion in September on the back of better performances by key sectors, though the trade deficit expanded to a record high of $22.59 billion.
Apr-Sept exports up 57.5% at $198 b
Export sectors are recording positive growth which include coffee, cashew, petroleum products, handloom, engineering, chemicals, man-made yarn/fabrics, gems and jewellery, plastic and marine products.
On a cumulative basis, exports increased by 57.53% to $197.89 billion in April-September period this fiscal as compared to $125.62 billion in the same time period last year.