November 23 update:
India’s overall exports(merchandise and services combined) during Nov 2023 is estimated at USD 62.58 Billion exhibiting positive growth of 1.23% over Nov-2022.
Merchandise exports during Nov-23 is USD 33.90 Billion compared to USD 34.89 Billion in Nov-22, negative growth of -2.8%.
Services sector export during Nov-23 is estimated at 28.69 Billion compared to 26.69 Billion USD during Nov- 22.
Overall imports during Nov 23 is estimated at USD 67.88 billion exhibiting negative growth of -6.16% over Nov-22.
Overall trade deficit during April-Nov improves by 38.79% from USD 100.38 Billion in 2022 to USD 61.44 Billion in 2023.
Coffee exports continue to grow 13%for the month and 9% till Nov-23.
Rice exports’ downtrend continues with negative growth of -25% for the month.
Marine products exports fell by -12% during Nov ( was positive during October ).
Iron ore exports continue to grow significantly on a low base of last year.
Ceramic products and glassware exports moderated to 4% compared to high growth seen during the last few months.
Pharma exports grew 9% for November month and 13% so far in FY24.
Chemicals exports fell by -10% during Nov-23.
Cotton yarn/fabs grew by 8% during the month , RMG of textiles remains negative.
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