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India’s Export in 2021-2022
April 7 , 2022
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- In 2021-22 fiscal, the merchandise exports of India grew to touch a record high of USD 418 billion.
- The sectors that played a key role in the increase of merchandise exports include engineering, petroleum products, jewellery, gems, pharmaceuticals, and chemicals.
- During 2021-22, the goods trade (imports and exports) of the country crossed USD 1 trillion.
- India’s imports also touched USD 610 billion a record of its own.
- In March 2022, the outbound shipments of the country also touched a record high of USD 40.38 billion.
- In 2020-21, the merchandise exports of the nation were worth USD 292 billion.
- During the period of April 2021 to March 2022 the Agriculture exports crossed USD 48 billion.
- The US, Bangladesh, the UAE, Singapore, the Netherlands, the UK, Hong Kong, Germany, and Belgium were the top export destinations for the products.
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