Back

📈 India's Trade Performance (2019-20 to 2023-24)(In US$ Billion):🇮🇳 Exports: 🚀 Rose by 47.79% 📊 2019-20: $526.55B ➡️ 2023-24: $778.19B Imports: 📦 Increased by 41.59% 📊 2019-20: $602.98B ➡️ 2023-24: $853.73B (MoC&I)

During April-December this financial year, exports increased by 1.6 per cent to $321.71 billion and imports by 5.15 per cent to $532.48 billion.

• Merchandise exports in March 2024 were USD 41.68 Billion, as compared to USD 41.96 Billion in March 2023. • Merchandise imports in March 2024 were USD 57.28 Billion, as compared to USD 60.92 Billion i March 2023

"U.S.-India Trade 2023: India’s exports to the U.S. totaled $75.8B, led by precious stones and machinery. U.S. exports to India reached $40.1B, driven by fuels and machinery."

📢 India's Trade Performance: Feb 2025 vs Feb 2024 🇮🇳📊 While total trade down by $4.5 billion but India achieved trade Surplus of $4.43 Billion 💵 which is huge 👏 🔹 Merchandise Trade 📉 Exports: $36.91B (-10.9% YoY from 2024) 📉 Imports: $50.96

India's defence production reached ₹1.27 lakh crore in FY 2023-24, marking a 174% rise since 2014-15, driven by the Make in India initiative. Defence exports hit a record ₹21,083 crore in FY 2023-24.

SHORT NEWS about Metal Scraps 1. India exported 8,175 scrap metal containers between March 2023 and February 2024; top destinations were Russia, the US, and South Korea. 2. Global ferrous metal scrap trade decreased by 6% in the first half of 2024

Good news, good news Our current account (difference between imports and exports) is at a surplus India recorded a current account surplus of 5.7$ in the quarter ending In March of 2024 Bad news Our exports Of Gem and jwellery export last month

‼️China - India Latest Update . China has emerged as India's largest trading partner with $118.4 billion two-way commerce in 2023-24, slightly edging past the US, according to the data of economic think tank The Global Trade Research Initiative (GTR