December 2023 update:
India’s overall exports(merchandise and services combined) during Dec 2023 is estimated at USD 66.33 Billion, a negative growth of -4.24% over Dec-2022.
Merchandise exports during Dec-23 is USD 38.45 Billion compared to USD 38.08 Billion in Dec-22.
Services sector export during Dec-23 is estimated at 27.88 Billion compared to 31.19 Billion USD during Dec- 22.
Overall imports during Dec 23 is estimated at USD 71.50 billion exhibiting negative growth of -7.18% over Dec-22.
Overall trade deficit during April-Dec improved by 35.87% from USD 108.13 Billion in 2022 to USD 69.34 Billion in 2023.
Coffee exports which were constantly growing became flattish during the December month.
Rice exports’ downtrend continues with negative growth of -14 % for the month.
Marine products exports remained negative.
Iron ore exports continue to grow more than 200%.
Ceramic products and glassware grow moderately.
Pharma exports grew 10% for December month and 12% so far in FY24.
Chemicals exports are flat compared to negative growth during previous months.
RMG of textiles remains negative.
@Mayur_Dvivedi below is the source for data.
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