India’s exports register over 20% growth

New Delhi [India], Sep 18: India’s overall exports (Merchandise and Services combined) from April to August 2018-2019 witnessed a positive growth of 20.70 per cent, over the same period last year. The total amount this year has gone up to be USD 221.83 Billion.

While the overall import of the April-August 2018-2019 is estimated to be USD 269.54 Billion, exhibiting a positive growth of 21.01 per cent over the same period last year.

Exports in merchandise in August 2018 were estimated to be USD 27.84 Billion, as compared to USD 23.36 Billion in August 2017. The major commodity groups of exports showing positive growth over the corresponding month of last year are engineering goods, Petroleum products, Gems and Jewellery and others.

Oil imports in April-August 2018-19 were USD 58.81 Billion which was 53.55 per cent higher in Dollar terms compared to USD 38.30 Billion over the same period last year.