India's exports rise by 36.76% YoY, imports by 30.54% YoY in Jan 2022

India’s overall exports in the April-January period in fiscal 2021-22 (FY22) are estimated to be worth $545.71 billion, exhibiting a growth of 37.68 per cent and 23.29 per cent respectively over the same period in the last and its previous fiscal.

Overall imports in April-January FY22 are estimated to be worth $616.91 billion, showing a growth of 54.35 per cent and 20.15 per cent respectively over the same period in the last and its previous fiscal.

Merchandise exports in January 2022 were worth $34.50 billion compared to $27.54 billion in January 2021, exhibiting a growth of 25.28 per cent. Compared to January 2020, exports in January 2022 showed a growth of 33.45 per cent.

Merchandise imports in January this year were worth $51.93 billion—an increase of 23.54 per cent over imports worth $42.03 billion in January 2021. Imports in January 2022 registered a growth of 26.19 per cent in comparison to the January 2020 figure.

Merchandise exports for the April-January period FY22 were worth $335.88 billion as against $228.92 billion during the same period in 2020-21, registering a growth of 46.73 per cent. Compared to April-January 2019-20, exports in April-January FY22 exhibited a growth of 27.17 per cent.

Merchandise imports for the period April-January FY22 were worth $495.75 billion as against $304.79 billion during the same period in FY21, registering a growth of 62.65 per cent. Imports during that period registered a growth of 22.31 per cent compared to the same period in FY20.

ALCHEMPro News Desk (DS)