This page is for information purpose only. Interested exporters may contact APEDA – Agricultural & Processed Food Products Export Development Authority at apeda.gov.in
FY24 witnessed healthy trade figures, with overall exports (merchandise and trade combined) estimated to have reached US$ 323.19 billion from April-August 2023. Link
India continues to have among the largest foreign exchange reserves in the world. As of September 29 2023, India’s total foreign exchange reserves stood at US$ 620441 million. Link
Latest highlights of India’s international trade:
India’s overall exports (Merchandise and Services combined) in December 2023 is estimated to be USD 66.33 Billion, exhibiting a negative growth of (-) 4.25 per cent over December 2022.
Overall imports in December 2023* is estimated to be USD 71.50 Billion, exhibiting a negative growth of (-) 7.18 per cent over December 2022.
India’s overall exports (Merchandise and Services combined) in April-December 2023* are estimated to be USD 565.04 Billion, exhibiting a negative growth of (-) 1.87 per cent over April-December 2022. Overall imports in April-December 2023* are estimated to be USD 634.39 Billion, exhibiting a negative growth of (-) 7.24 per cent over April-December 2022. Link
Merchandise Trade
Services Trade
Merchandise exports have registered highest ever annual exports of US$ 447.46 billion with 6.03% growth during FY 2022-23
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