India’s exports in February 2022 exhibit a positive growth of 25.41 per cent over the same period last year. It is estimated to USD 57.03 Billion, as per the data released by the Ministry of Commerce and Industry.
The estimated value of services export for April-February 2021-22 is USD 226.96 Billion, exhibiting a positive growth of 22.49 per cent vis-a-vis April-February 2020-21 (USD 185.29 Billion). For services import for February 2022 the estimated value is USD 13.91 Billion exhibiting a positive growth of 33.95 per cent vis-à-vis February 2021 (USD 10.38 Billion).
Further, Merchandise exports in February 2022 were USD 34.57 Billion, as compared to USD 27.63 Billion in February 2021, exhibiting a positive growth of 25.10 per cent. Merchandise imports were USD 55.45 Billion, which is an increase of 36.07 per cent over imports of USD 40.75 Billion in February 2021.
(Services Trade during February 22)
(Merchandise Trade during February 22)
However, overall exports (Merchandise and Services combined) in February 2022 are estimated to be USD 69.35 Billion, exhibiting a positive growth of 35.64 per cent over the same period last year.
(Overall Trade during February 22)