Q2 merchandise exports growth to slow down to 4.2% at $111.7 bn: Exim Bank
Non-oil exports are forecast to touch $89.8 billion in Q2 FY25, with a y-o-y growth of 6.26%, the Exim Bank data shows
merchandise exports
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Goods export grow 9.1% in May, oil imports widen trade deficit
The highest growth was registered in exports of coffee (64.23%) and tobacco (58.38%).
Goods exports dip 3% in FY24, imports fall faster
The increase in export of services from India is expected to compensate for the decline in merchandise exports.
India's goods exports at $38.45 bn, marginally higher in December
The goods imports during the month showed a decline from $61.22 billion in December 2022 to $58.25 billion in December 2023.
Goods exports grow 6.21% in October
Merchandise imports for October shot up 12.3% to $65.03 billion, as compared to $57.91 billion in October 2022.
Domestic exports surge 9.4% in October; imports up 11.1%
The services exports surged 13.43% year-on-year to $28.70 billion during the month under review as against $25.30 billion in the same period last year
Merchandise exports dip 2.6% in Sept; trade deficit at $19.37 bn
The country’s merchandise imports fell by 15% year-on-year to $53.84 billion as against $63.37 billion in the same period last year.
What is hurting India's exports engine
Exports as % of GDP have remained rangebound in recent years.
India's goods exports fall 15.9% in July, services exports up 10.7%
The decline in exports was partially softened by the resilience shown in services exports
India's exports dip 13% to $60.09 bn in June
Merchandise exports declined by 22% to $32.97 billion in June as against $42.28 billion in the same period last year.
