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India’s overall exports exhibit positive growth estimated to be over 568.57 Billion dollar in April to Dec 2022

India’s overall exports combining Merchandise and Services in April to December 2022 is estimated to exhibit a positive growth of 16.11 per cent over the same period last year.

The Country’s overall exports during the period are estimated to be 568.57 billion US dollar as against 489.69 billion US dollar over the same period of last year.

Ministry of Commerce and Industry in its data said that as India’s domestic demand has remained steady amidst the global slump, overall imports in April to December 2022 is estimated to exhibit a growth of 25.55 per cent over the same period last year. It is estimated to be 686.70 billion dollar as compared to 546.95 billion US dollar in the corresponding period of 2021.

The Ministry added that the country’s overall export remained at 61.82 billion US dollar in December 2022 which exhibited a negative growth of 5.26 per cent over the same period last year. The Overall import during the period is estimated to be 73.80 billion US dollar, exhibiting a negative growth of 1.95 per cent over the same period last year.

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