Sept 23 update:
India’s overall exports(merchandise and services combined) during Sept 2023 is estimated at USD 63.84Billion exhibiting negative growth of -1.20% over Sept-2022.
Merchandise exports during Sept-23 is USD 34.47 Billion compared to USD 35.39 Billion in sept-22, negative growth of -2.6%.
Services sector export for Sept-23 is estimated at 29.37 Billion compared to 29.22 Billion USD during Sept- 22.
Overall imports during sept 23 is estimated at USD 68.75 billion, a negative growth of -13.67% over Sept-22.
Coffee exports reduced by -4% YoY for the month which has happened after many months of good exports growth.
Rice exports reduced by -25% for the month(2nd consecutive month of degrowth).
Marine products exports grew by 5%.(2nd consecutive month of + growth)
Iron ore exports continue to grow significantly.
Ceramic products and glassware exports up by 50% for the month and 20% so far in FY24.
Pharma exports grew 9% for the September month and 5% so far in FY24.
Chemicals exports continue to remain negative.
Electronic goods exports down for the first time compared to same month of last year but up by 28% so far in Fy24.
Cotton yarn/fabs grew by 27% during the month , RMG of textiles remains negative.
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