Table 1: Trade during October 2023*
October 2023
(USD Billion)
October 2022
Merchandise
Exports
33.57
31.60
Imports
65.03
57.91
Services*
28.70
25.30
14.32
13.51
Overall Trade
(Merchandise +Services) *
62.26
56.90
79.35
71.42
Trade Balance
-17.08
-14.52
* Note: The latest data for services sector released by RBI is for September 2023. The data for October 2023 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-October 2022 and April-June 2023 has been revised on pro-rata basis using quarterly balance of payments data.
Fig 1: Overall Trade during October 2023*
Table 2: Trade during April-October 2023*
April-October 2023
April-October 2022
244.89
263.33
391.96
430.47
192.65
181.37
103.22
104.09
(Merchandise+ Services)*
437.54
444.70
495.17
534.56
-57.64
-89.86
Fig 2: Overall Trade during April-October 2023*
Fig 3: Merchandise Trade during October 2023
Fig 4: Merchandise Trade during April-October 2023
Table 3: Trade excluding Petroleum and Gems & Jewellery during October 2023
Non- petroleum exports
27.56
Non- petroleum imports
47.36
41.57
Non-petroleum & Non Gems & Jewellery exports
24.57
21.99
Non-petroleum & Non Gems & Jewellery imports
36.87
35.12
Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems & Jewellery during October 2023
Table 4: Trade excluding Petroleum and Gems & Jewellery during April-October 2023
197.02
206.19
292.01
307.50
178.42
182.24
246.50
260.01
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-October 2023
SERVICES TRADE
Fig 7: Services Trade during October 2023*
Fig 8: Services Trade during April-October 2023*