NEW DELHI: India’s overall exports in April-September 2022 are estimated to be $382.31 billion, exhibiting a 21.03 per cent growth over the same period last year. Overall imports in September 2022 are estimated to be $76.26 billion, showing a positive growth of 10.73 per cent over the same period the previous year.
India’s merchandise exports rose by 4.82 per cent to $35.45 billion in September, even as the trade deficit widened to $25.71 billion, the data released by the commerce ministry showed on Friday. Imports during the month too grew 8.66 per cent to $61.61 billion. The trade deficit in September 2021 stood at $22.47 billion.
India’s overall exports (merchandise and services combined) in April-September 2022 are estimated to be $382.31 billion, exhibiting a positive growth of 21.03 per cent over the same period last year. Overall imports in April-September 2022 are estimated to be $469.47 billion, registering a positive growth of 37.77 per cent over the same period last year.
The merchandise trade deficit in September 2022 was estimated at $25.71 billion as against $22.47 billion in September 2021, which is an increase of 14.42 per cent whereas the merchandise trade deficit for April-September 2022 was estimated at $148.46 billion as against $76.25 billion in April-September 2021, which is an increase of 94.69 per cent.
The services trade balance in September 2022 is estimated at $10.56 billion, an increase of 16.94 per cent, whereas during April-September 2022, the services trade balance is estimated at $61.30 billion as against $51.39 billion in April-September 2021, which is increase of 19.30 per cent. (ANI)