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India’s import size shrinks in Feb; services exports continue to shine

India’s import size shrinks in Feb; services exports continue to shine

March 16, 2023/
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India’s merchandise exports fell by 8.8% YoY basis in February 2023, taking overall export value to US$ 405.94 billion during April-February. Despite the subdued global economic scenario, India’s services trade surplus surged by 38.6% YoY to reach US$ 132.95 billion during April-February, 2022-23. Source: Shutterstock A downturn in global demand...

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