India's exports rise by 36.76 per cent to USD 61.41 billion in January

📅 15 February 2022
👤 ANI
New Delhi, February 15

I

ndia's overall exports, merchandise and services combined, increased by 36.76 per cent to USD 61.41 billion in January 2022 from USD 44.90 billion in the corresponding month last year, the government data showed on Tuesday.

The country's merchandise exports grew by 25.28 per cent to $34.50 billion in January 2022 from $27.54 billion recorded in January 2021.

Overall imports in January 2022 are estimated to be $67.76 billion, which is 30.54 per cent higher from $51.91 billion recorded in January 2021, according to data released by the Ministry of Commerce and Industry.

India's merchandise imports grew by 23.54 per cent to $51.93 billion in January 2022 from $42.03 billion recorded in the corresponding month of 2021.

Trade deficit widened to $17.42 billion in January 2022 from $14.49 billion recorded in January 2021.

April-January 2021-22 period, India's overall exports, merchandise and services combined, rose to $545.71 billion, exhibiting a growth of 37.68 per cent over the same period last year.

Overall imports in April-January 2021-22 period are estimated to be $616.91 billion, exhibiting a growth of 54.35 per cent.

Merchandise exports for the period April-January 2021-22 stood at $335.88 billion as against $228.92 billion recorded during April-January 2020-21, registering a positive growth of 46.73 per cent.

Merchandise imports for the period April-January 2021-22 stood at $495.75 billion as against $304.79 billion during the period April-January 2020-21, registering a positive growth of 62.65 per cent. Imports in April-January 2021-22 have registered a positive growth of 22.31 per cent in comparison to April-January 2019-20.

Trade deficit for April-January 2021-22 widened to $159.87 billion as against $75.87 billion recorded in April-January 2020-21. During April-January 2019-20 period trade deficit stood at $141.21 billion.

✔️ India's exports rise by 36.76 per cent to USD 61.41 billion in January

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