May 2024 update:
India’s overall exports(merchandise and services combined) during May 2024 is estimated at USD 68.29Billion, increase of 10.25% compared to May-23.
Total import during May-24 is estimated at USD 79.20 billion, positive growth of 17.95% over May-23.
Monthly merchandise export during May-24 is USD 38.13Billion compared to USD 34.95Billion during May 23.
The estimated value of service export during May-24 is at USD 30.16Billion compared to USD 26.99 Billion during May-23.
Coffee exports grew significantly, up by 66% during May-24
Rice exports grew in low single digit at 4%.
Marine products export remains negative.
Iron ore exports fell moderately compared to previous months…
Ceramic products and glassware exports continue to fall like previous month.
Pharma exports continue to grow by 12% during the month.
Chemicals exports increased by 5% during May-24.
Engineering and electronic exports continue to grow.
RMG of textiles exports up by11% for the month.
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