Merchandise exports soar 23.52% in dollars in June



India’s overall exports (goods and services combined) in June 2022 are estimated at USD 64.91 billion, showing a positive growth of 22.95% compared to the same period last year. Overall exports (goods and services combined) in the 1st quarter of FY22-23 (April-June 2022)* are estimated at USD 189.93 billion, showing a positive growth of 25.16% compared to the same period last. Overall imports in June 2022 are estimated at USD 82.42 billion, showing a positive growth of 55.72% compared to the same period last year. In the 1st quarter of the financial year 22-23, the global exports are estimated at 235.11 billion USD, showing a positive growth of 49.41% compared to the same period last year.

Merchandise exports in June 2022 amounted to USD 40.13 billion, compared to USD 32.49 billion in June 2021, showing a positive growth of 23.52%. Merchandise imports in June 2022 were USD 66.31 billion, an increase of 57.55% compared to imports of USD 42.09 billion in June 2021. The merchandise trade deficit in June 2022 was estimated at 26 .18 billion USD compared to 9.60 billion USD in June 2021, an increase of 172.72%.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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