Home breadcru News breadcru Import/Exports breadcru Nov 2022 Indian merchandise exports worth $31.99 bn, imports $55.88 bn

Nov 2022 Indian merchandise exports worth $31.99 bn, imports $55.88 bn

16 Dec '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

India’s overall exports were worth $58.22 billion in November this year, showing a growth of 10.97 per cent over the same period last year. Overall imports in November were worth an estimated $69.33 billion—a year-on-year (YoY) growth of 5.60 per cent. Merchandise exports and imports in the month were worth $31.99 billion and $55.88 billion over $31.80 billion and $53.03 billion respectively in November last year.

India’s overall exports in the April-November period this year were estimated to be $499.67 billion—a YoY growth of 17.72 per cent, ministry of commerce and industry said in a media release.

As India’s domestic demand has remained steady amidst the global slump, overall imports during that eight-month period were estimated to be $610.70 billion—a YoY growth of 29.47 per cent.

ALCHEMPro News Desk (DS)

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