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May 6, 2022

New financial year begins with record exports of USD 38.19 billion in April

by CA Shivam Jaiswal in Circular and Notifications

New financial year begins with record exports of USD 38.19 billion in April

April exports jump 24.22%, continuing the record-breaking 2021-22 performance, resulting in highest ever exports in April
Non-petroleum exports rise 12.3% in April, non- petroleum imports up only 9.8%
Petroleum products, Electronic goods and chemicals record major increase in exports
INDIA’S MERCHANDISE TRADE: Preliminary

India has achieved monthly value of merchandise export in April 2022 amounting USD 38.19 billion, an increase of 24.22% over USD 30.75 billion in April 2021. Value of non-petroleum exports in April 2022 was 30.46 USD billion, registering a positive growth of 12.32% over non-petroleum exports of USD 27.12 billion in April 2021.

Value of non-petroleum and non-gems and jewellery exports in April 2022 was USD 27.16 billion, registering a positive growth of 14.38% over non-petroleum and non-gems and jewellery exports of USD 23.74 billion in April 2021.

Petroleum products (113.21%), Electronic goods (64.04%) and Chemicals (26.71%) led the way in high increase in exports during April, 2022.

India’s merchandise import in April 2022 was USD 58.26 billion, an increase of 26.55% over USD

46.04 billion in April 2021. Value of non-petroleum imports was USD 38.75 billion in April 2022 with a positive growth of 9.87% over non-petroleum imports of USD 35.27 billion in April 2021.

New-financial-year-begins-with-record-exports-of-USD-38.19-billion-in-April

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