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HomeEconomyIndia's Overall Exports Jumps 36% to $601.77 billion over the Last Year

India’s Overall Exports Jumps 36% to $601.77 billion over the Last Year

Commodity groups exhibiting positive growth include Petroleum Products, Electronic Goods, Cotton, Engineering Goods, Leather & leather products, Meat, dairy & poultry products, etc.

India’s overall exports (Merchandise and Services combined) in April-February 2021-22 rose by 36 percent to $601.77 billion over the same period last fiscal.

According to an RBI Press Release dated 2nd March 2022, India’s overall exports (Merchandise and Services combined) in April-February 2021-22 are estimated to be USD 601.77 Billion, exhibiting a positive growth of 36.19 percent over the same period last year.

Overall imports also exhibited a positive growth of 51.51 percent over the same period last year in April-February 2021-22 and are estimated to be USD 683.01 Billion.

Commodity groups exhibiting positive growth include Petroleum Products, Electronic Goods, Cotton, Engineering Goods, Leather & leather products, Meat, dairy & poultry products, etc.

Commodity Groups exhibiting negative growth include Oil Meals, Iron Ore, Spices, Oilseeds, Drugs and Pharmaceuticals, etc.

Non-petroleum and non-gems and jewelry exports in February 2022 were USD 26.75 Billion, registering a positive growth of 19.01 percent over non-petroleum and non-gems & jewelry exports of USD 22.48 Billion in February 2021 and positive growth of 25.72 percent over non-petroleum and non-gems & jewelry exports of USD 21.28 Billion in February 2020.

Non-petroleum, non-gems & jewelry (gold, silver & precious metals) imports were USD 31.70 Billion in February 2022 with a positive growth of 32.04 percent over Non-petroleum, non-gems & jewelry imports of USD 24.01 Billion in February 2021, and positive growth of 42.72 percent over Non-petroleum, non-gems & jewelry imports of USD 22.21 Billion in February 2020.

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