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India’s overall exports in September 2022 shows growth of 10.24% over same period last year

Commerce and Industry Ministry has said that India’s overall exports in September this year are estimated to be 61.10 billion US dollar showing a growth of 10.24 percent over the same period last year.

The Ministry said, while the overall imports in September 2022 are estimated to be 76.26 billion US dollar, exhibiting a positive growth of 10.73 percent over the month of September last year.

It added that country’s overall exports combining Merchandise and Services during April to September this year are estimated to be 382.31 billion US dollar exhibiting a positive growth of around 21 percent over the same period last year.

While the overall imports during this period are estimated to be 469.47 billion US dollar showing a positive growth of 37.77 percent over the same period last year.

According to Ministry’s data, as compared to 33.81 billion dollar in September 2021, the merchandise exports in September 2022 were 35.45 billion dolllar, exhibiting a positive growth of 4.82 percent.

Whereas the merchandise imports during the period were 61.16 billion dollar which is an increase of 8.66 percent over imports of 56.29 billion in September last year.

The Ministry said, the merchandise trade deficit in last month was estimated at 25.71 billion as against 22.47 billion dollar in the same month of last year, which is an increase of 14.42 percent.

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