explore the power of export import data
If we take a closer look at the preliminary GDP estimates for the first quarter of 2021-22, India's gross domestic product (GDP) stood at Rs. 51.23 lakh cr. (US$ 694.93 billion) in the first quarter of FY22. India's trade and ancillary sector had a significant impact on GDP growth as well as per capita income growth.
According to the Ministry of Commerce and Industry, India's total exports between April 2021 and August 2021 were expected to be US$256.17 billion (a 44.04 percent YoY increase). Whereas total imports were estimated to be US$ 273.45 billion between April 2021 and August 2021. (a 64.18 percent YoY increase). Keeping the Ministry’s expectation in mind, India's merchandise exports were expected to reach a total of US$164.10 billion (a 67.33 percent YoY increase). And if we talk about the merchandise imports during this period then, it was estimated to be US$ 219.63 billion (an 80.89 percent YoY growth). According to the Minister of Commerce and Industry & Railways, the Government of India, Piyush Goyal added that we are eager to increase exports and create more jobs for young, talented, and well-educated people, as well as semi-skilled and unskilled laborers in India.
In this post, we have shared a glimpse of Indian Trade Data. We hope that you received it well. If you want more detailed data and information associated with the Trade Market, then you can trust Export Import Data without any hesitation. We are widely appreciated by our clients from different corners of the world for delivering 100% accurate and verified trade data at a very reasonable price. So, what are you waiting for? Partner with us today! Export Import Data Solutions is a leading import-export data company in India. It offers the latest, real, and reliable shipment data of India. At exportimportdata.in you can reach india trade data, trade data India, trade data of india, import export trade data India, import trade data, import export data India, export import trade data, HS code finder, HS code list, custom duty in India, etc. For free sample data report and free live demo search contact us- Phone No: +91-11-41325515, + 919990020716 Email Id- [email protected]
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February 2023
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