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India’s exports jump 17.2% in October, strong momentum in US

November 15, 2024/

India’s total exports during April-October 2024 reached US$ 468.3 billion, a 7.3% increase YoY. Merchandise exports in October alone jumped by 17.2% to US$ 39.2 billion led by rice, electronic goods, engineering goods, jute products and readymade garments among others. The US remained India’s largest export destination, while China was...

India’s trade significantly impacted by global headwinds

June 16, 2023/

In May 2023, India’s overall exports are estimated to be US$ 60.29 billion while imports are estimated to be US$ 70.64 billion, exhibiting a negative Y-oY growth. However, 13 of the 30 key sectors exhibited positive growth despite global uncertainties.  Image Source: Shutterstock According to the recently released trade data...

India’s export surge, and the follow up act

April 17, 2023/

India’s overall exports are estimated to have reached a new high, increasing by 13.84% YoY to US$ 770 billion in 2023. Seventeen of the 30 key sectors exhibited positive growth even as services remained robust. However, will the momentum sustain in the face of the ongoing economic slowdown conditions across...

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