January 2024 update:
India’s overall exports(merchandise and services combined) during Jan 2024 is estimated at USD 69.72 Billion, exhibiting positive growth 9.28% over Jan 2023.
Merchandise exports during Jan -24 is USD 36.92 Billion compared to USD 35.80 Billion in Jan-23 up by 3.12%.
Services sector export during Jan -24 is estimated at USD 32.80 Billion compared to 28.00 Billion USD during Jan-23.
Merchandise imports during Jan 24 is estimated at USD 54.41 billion compared to 52.83billion during Jan 23.
Overall trade deficit during April- Jan23 improved by 37.11% from USD 111.99 Billion to USD 70.43 Billion April-Jan 24.
Coffee exports increased by 7% compared to flat no”s during previous month.
Rice exports’ downtrend continues during Janaury month.
Marine products exports down by 13%.
Iron ore exports increased more than 100% for the month.
Ceramic products and glassware export turned negative during Janaury.
Pharma exports continue to grow 8% for Jan month and 12% so far in FY24.
Chemicals exports grow at 2%( positive growth after many months)
RMG of textiles remains negative.
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