According to provisional data released by the government, India’s merchandise exports in October rose 42.33% to US$ 35.47 billion.
The exports stood at US$ 24.92 billion in October 2020 and US$ 26.23 billion in October 2019.
India’s merchandise exports in October 2021 was US$ 35.47 billion, an upsurge of 42.33% over US$ 24.92 billion in October 2020 and a rise of 35.21% over US$ 26.23 billion in October 2019, as per the data.
The merchandise imports rose 62.49% to US$ 55.37 billion from US$ 34.07 billion in October 2020. which was US$ 37.99 billion in October 2019.
As per the statistics, the trade deficit in October 2021 was US$ 19.9 billion and US$ 98.71 billion during April-October 2021.
The gold imports remained at US$ 5.1 billion in October compared to US$ 2.49 billion a year ago, an upsurge of 104.25%.
You may also like
-
When Trade Routes Become Weapons: Why BRICS Needs a Resilient Supply-Chain Architecture
-
India’s Trade With BRICS More Than Doubles to $417 Billion as Export Opportunity Expands
-
India and Uruguay Agree Trade and Connectivity Roadmap as Montevideo Ratifies International Solar Alliance
-
The Return of Multipolarity: Why the World Is Moving Beyond a Single Centre of Power
-
The Financial Chokepoint: Why BRICS Can No Longer Depend on SWIFT and the Dollar Alone
