Indian merchandise goods exports registers a growth of 15.54% in the first six months of financial year 2022-23
Tags: Economy/Finance
According to the data released by the Union Ministry of Commerce on 3 October 2022, the Indian merchandise export from India in the first six months (April-September) of the financial year 2022-23 was $229.05 billion. It registered a growth of 15.54% over the same time period last year
The import of the merchandise goods during the first months (April-September) of the financial year 2022-23 was $ 378.53 billion with an increase of 37.89% as compared to the same period last year.
The trade deficit (Import-Export) in the first six months (April-September) of the financial year 2022-23 was $ 149.47 billion.
Merchandise export and import in 2021-22
The total merchandise export from India in 2021-23 was a record $417.81 billion with a growth rate of 43.18% as compared to the last year.
India’s merchandise import in 2021-22 was $ 610.22 billion with an increase of 54.71% over the last year.
Top exported goods from India during the first six months (April-September) of the financial year 2022-23
All figures are in million dollars (1 million = 10 lakhs)
Commodity | April-September 2022-23 | Percentage in total merchandise export |
Engineering goods | 54456.02 | 23.77% |
Petroleum products | 49889.66 | 21.78% |
Gems and Jewellery | 20484.36 | 8.94% |
Organic and Inorganic chemicals | 15744.19 | 6.87% |
Drugs and Pharmaceuticals | 12580.51 | 5.49% |
Electronic goods | 10192.88 | 4.45% |
Top imported goods by India during first six months (April-September) of the financial year 2022-23
All figures are million dollars.
Commodity | April-September 2022-23 | Percentage in total merchandise import |
Crude Petroleum oil and products , Crude & products | 114982.23 | 30.38% |
Electronic goods | 39588.41 | 10.46% |
Coal, Coke & Briquettes, etc. | 30245.98 | 7.99% |
Machinery, electrical & non-electrical | 21790.35 | 5.76% |
Gold | 20077.82 | 5.30% |
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