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Exports rise 44.2% YoY, imports 45.3%.
Dec 09, 2021

India's outbound goods shipments rose 44.24% year-on-year in the first week of December, led by a jump in exports of petroleum products, gems and jewellery and engineering goods. Merchandise exports were $8.5 billion during December 1-7, while imports rose at a faster pace at $14.14 billion netting a trade deficit of $5.64 billion in the week, a government source said.
 
The US, Australia and the Netherlands were the top destinations of India's goods but those to China, Saudi Arabia and Tanzania declined.
 
Imports rose 45.3% year-on-year in the week ended December 7, the person quoted above said.
 
Exports, excluding petroleum, rose 28.55% on-year and by 28.36% over the same period of FY20 while imports excluding petroleum were up 34.61% over the corresponding period last year and up 51.66% as against December 1-7 2019-20.
 
'Imports from the US, UAE and China saw the highest increases. Among products, petroleum, coal and chemical imports rose the most,' the person added.
 
Transport equipment and pulses imports declined in the first week.
 
Non-oil and non-gems and jewellery imports rose 36.36% in the first week of December.
    
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  • Agricultural and Processed Food Products Export Development Authority (APEDA)
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  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
    Phone : 91-11-41486013, 20863919, 20867008, 20867007