India’s total exports, including goods and services, are estimated at US $ 56.51 billion in October 2021, up 35.16 per cent from the same period last year, according to an official statement released on Monday.
Data published by the Ministry of Trade and Industry also showed that exports marked an increase of 29.13 percent during October 2019.
Total imports in October are estimated to be 68.09 billion US dollars, 57.32 percent more compared to the same period last year and an increase of 40.82 percent compared to October 2019.
India’s total exports, including goods and services, are estimated at US $ 369.39 billion in April-October 2021, showing an increase of 39.83 per cent over the same period last year and 19.97 per cent more than April-October 2019, the statement said.
Total imports in April-October 2021 are estimated to be 409.30 billion US dollars, 63.64 percent an increase compared to the same period last year and an increase of 13.57 percent compared to April-October 2019.
Commenting on trade data, the president of the Federation of Indian Export Organizations (FIEO) A. Sakthivel said the monthly export performance signifies the importance of further opening and recovering economies across the globe, along with the vibrant reservation position of orders across sectors.
“This has not only increased the positive sentiment for exports, but also further encouraged exporters to perform with much more energy and diligence, thus achieving the $ 400 billion export target of goods in the current fiscal year,” said the FIEO chief.
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