May 2023 update:
**India’s overall exports(merchandise and services combined) in May 2023 is estimated at USD 60.29 Billion exhibiting negative growth of -5.99% over May-2022.
Merchandise exports in May-23 were USD 34.98 Billion compared to USD 39.0 Billion in May-22, negative growth of -11.4%.
Services sector export for May-23 is 25.30 Billion compared to 25.13 Billion USD in May 22.
Overall imports during May 23 is estimated at USD 70.64 billion, a negative growth of -7.45% over May-22.
Coffee exports grow at 8% YoY for the Month.
Rice exports continued positive growth, up by 21.6% for May-23
Marine products exports remained negative -4% for the month.
Iron ore exports have rebounded up by 58% during May.
Ceramic products and glassware exports increased by 25% for the month.
Pharma exports grew at 7% for the month.
Chemicals exports continue to degrow at -7% for the month.
Electronic goods continue to show impressive growth of 85%.
RMG of textiles, cotton, and yarn exports remained negative.
https://pib.gov.in/PressReleseDetail.aspx?PRID=1932621
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