Exim

NEWS DETAILS

Date: 16/04/2024

Overall exports marginally up in 2023-24

India’s overall exports (merchandise and services combined) in FY 2023-24 (April-March) are estimated to be USD 776.68 billion, exhibiting a positive growth of 0.04 per cent over FY 2022-23. Overall imports in FY 2023-24 are estimated to be USD 854.80 billion, exhibiting a negative growth of (-) 4.81 per cent over FY 2022-23.

Merchandise exports for the period FY 2023-24 were USD 437.06 billion as against USD 451.07 billion during FY 2022-23.

Merchandise imports for the period FY 2023-24 were USD 677.24 billion as against USD 715.97 billion during FY 2022-23.

The merchandise trade deficit for FY 2023-24 was estimated at USD 240.17 billion as against USD 264.90 billion during FY 2022-23.

Source: Exim News Service: New Delhi, April 15