While India’s exports of cotton yarn, fabrics, made-ups and handloom products in April this year were worth $1158.08 mn, an 8.72 percent year-on-year (YoY) rise, those of man-made yarn, fabrics and made-ups were worth $458.59 mn—an 8.02 percent YoY rise. Overall exports continued robust growth in the month, with merchandise exports crossing $40 bn. The April 2022 merchandise export figure is an increase of 30.7 percent over the April 2021 figure of $30.75 bn.
India’s overall exports—merchandise and services combined—in April this year are estimated to be $67.79 bn, exhibiting a positive growth of 38.90 percent over the same period last year, an official report said.
Overall imports in April are estimated to be $75.87 bn, exhibiting a positive growth of 36.31 percent over the same period last year.
Merchandise imports in April this year were worth $60.30 bn, an increase of 30.97 percent over imports of $46.04 bn in April 2021.
The merchandise trade deficit in April 2022 was estimated at $20.11 bn as against $15.29 bn in April 2021, which is an increase of 31.50 percent.
