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Economy

Exports Up 26.40% to $25.33 Billion During February 1-21

According to figures from the Ministry of Commerce and Industry, the country’s merchandise exports increased by 26.4% to US$ 25.33 billion in February, owing to strong performance in industries such as gems and jewellery, engineering, textiles, and chemicals.

By Kautilya / March 3, 2022

According to figures from the Ministry of Commerce and Industry, the country’s merchandise exports increased by 26.4% to US$ 25.33 billion in February, owing to strong performance in industries such as gems and jewellery, engineering, textiles, and chemicals.

According to preliminary data, export shipments increased by 26.87% to US$ 9.02 billion from February 15 to 21, compared to US$ 7.11 billion from February 15 to 21 last year. Exports totaled US$ 335.44 billion from April to January 2021-22, up 46.53% from US$ 228.9 billion in the same period last year.

By the conclusion of this fiscal year, the ministry expects exports to surpass the US$ 400 billion mark.

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