August 23 update:
India’s overall exports(merchandise and services combined) during August 2023 is estimated at USD 60.87Billion exhibiting negative growth of -4.17% over August-2022.
Merchandise exports during August-23 is USD 34.48 Billion compared to USD 37.02Billion in Aug-22, negative growth of -6.8%.
Services sector export for Aug-23 is estimated at 26.39 Billion compared to 26.50 Billion USD during Aug- 22.
Overall imports during Aug 23 is estimated at USD 72.50 billion, a negative growth of -5.9% over Aug-22.
Coffee exports grow moderately at 3% YoY for the month & 12% so far for FY.
Rice exports reduced by -6% for the month( expected with govt measures to restrict rice export)
Marine products exports grew by 7%.(after 4 months of negative growth)
Iron ore exports continue to grow significantly on a low base of last year.
Ceramic products and glassware exports up by 35% for the month and 22% so far in FY24.
Pharma exports grew 9% during August and 10% for FY24.
Chemicals exports are down by -14%.
Electronic goods continued impressive export growth.
RMG of textiles are down by -4%, cotton yarn/fabs grew by 31% during August.
Link for quick estimates:Press Information Bureau
@Nitesh_Ranka Above data is freely available from the above source. The same data is also available @ https://commerce.gov.in/trade-statistics/latest-trade-figures/
Subscribe To Our Free Newsletter |