Indian exports rose 6.16 percent to $ 27 billion 45 million

BusinessIndian exports rose 6.16 percent to $ 27 billion 45 million

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Indian exports rose 6.16 percent to $ 27 billion 45 million

New Delhi: Indian exports increased by 6.16 percent to $ 27 billion 45 million in January of the current year as against 25 billion 85 crore dollars in the same period last year.

The Union Ministry of Commerce and Industry said in the data released here on Monday that the demand for Indian products in the international market is increasing.

According to the data, total imports in January 2021 have been $ 41 billion 99 million dollars. Total imports in January 2020 stood at $ 41 billion 150 million. It has increased by 2.03 percent.

According to the data, in the current financial year, by January 2021, total exports have decreased by 13.58 percent to 228 billion 25 crore dollars. In the same period of the previous financial year, this figure was 264 billion dollars. During the period April 2020 to January 2021, total imports declined by 25. 92 percent to $ 300 billion 26 million. The total imports during the period April 2019 to January 2020 were recorded at 405 billion 33 million dollars.

According to the data, the total trade deficit in January 2021 stood at $ 14.54 billion. The total trade deficit in January 2020 was US $ 15.30 billion. In the current financial year, the total trade deficit till January 2021 has been recorded at $ 1.89 billion crore. This figure was $ 72.40 billion in the same period of the previous financial year.

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