India’s overall exports in November 2023 is estimated at USD 62.58 Billion; an increase of 1.23 percent over USD 61.82 Billion in November 2022

• Overall trade deficit during April-November improves by 38.79 percent from USD 100.38 Billion in 2022 to USD 61.44 Billion in 2023; merchandise trade deficit also improves from USD 189.21 Billion in April-November 2022 to USD 166.35 Billion in April-November 2023
• Major contributors to export growth in November 2023 include Iron Ore, Gems & Jewellery, Drugs & Pharmaceuticals, Fruits & Vegetables, Meat, Dairy & Poultry Products, Mica, Coal & Other Ores, Minerals Including Processed Minerals and Cotton Yarn/ Fabs. /Made-Ups, Handloom Products Etc
• Electronic goods exports register a growth of 23.56 percent at USD 17.74 Billion during April-November 2023 as compared to USD 14.36 Billion in April-November 2022
• Ceramic products & glassware exports record a growth of 20.90 percent from USD 2.42 Billion in April-November 2022 to USD 2.93 Billion in April-November2023
• Drugs and pharma exports grew by 8.05 percent in April-November 2023 at USD 17.92 Billion from USD 16.59 Billion in April-November 2022
• Agricultural exports continue to grow in November 2023: Fruits & Vegetables (31.14%), Meat, Dairy & Poultry Products (19.91%), Oil Meals (17.22%), Spices (11.3%), Coffee (11%) and Cereal Preparations & Miscellaneous Processed Items (5.9%).

Also Read: Weekly Current Affairs (National) 4-10 November 2023 Bitbank: Who inaugurated the G20 Standards Dialogue 2023 in New Delhi?

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Published date : 19 Dec 2023 03:18PM