Table 1: Trade during November 2023*
November 2023
(USD Billion)
November 2022
Merchandise
Exports
33.90
34.89
Imports
54.48
56.95
Services*
28.69
26.93
13.40
15.39
Overall Trade
(Merchandise +Services) *
62.58
61.82
67.88
72.34
Trade Balance
-5.30
-10.52
* Note: The latest data for services sector released by RBI is for October 2023. The data for November 2023 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-November 2022 and April-June 2023 has been revised on pro-rata basis using quarterly balance of payments data.
Fig 1: Overall Trade during November 2023*
Table 2: Trade during April-November 2023*
April-November 2023
April-November 2022
278.80
298.21
445.15
487.42
220.66
208.30
115.75
119.48
(Merchandise+ Services)*
499.46
506.52
560.90
606.90
-61.44
-100.38
Fig 2: Overall Trade during April-November 2023*
Fig 3: Merchandise Trade during November 2023
Fig 4: Merchandise Trade during April-November 2023
Table 3: Trade excluding Petroleum and Gems & Jewellery during November 2023
Non- petroleum exports
26.41
26.80
Non- petroleum imports
39.55
40.63
Non-petroleum & Non Gems & Jewellery exports
23.61
24.30
Non-petroleum & Non Gems & Jewellery imports
34.62
34.95
Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems & Jewellery during November 2023
Table 4: Trade excluding Petroleum and Gems & Jewellery during April-November 2023
223.46
232.99
331.50
348.13
202.05
206.54
281.06
294.96
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-November 2023
Fig 7: Services Trade during November 2023*
Fig 8: Services Trade during April-November 2023*