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India’s exports make a sharp recovery, overall exports shoot up by 36%.
Mar 15, 2022
India’s foreign trade is showing a sharp recovery. As per the communiqué by the Ministry of Commerce & Industry the exports as well imports in services, as well as merchandise, are showing an upward trend.
According to the figures released by the Ministry of Commerce & Industry India’s exports, Merchandise and Services combined in February 2022 are estimated to be USD 57.03 Billion, exhibiting a positive growth of 25.41 per cent over the same period last year and a positive growth of 27.07 per cent over February 2020.
The ministry figures also reveal that along with exports India’s imports have also shot up with overall imports 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.
thestatesman
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