Table 1: Trade during February 2023*
February 2023
(USD Billion)
February 2022
Merchandise
Exports
33.88
37.15
Imports
51.31
55.90
Services*
29.15
21.30
14.55
12.97
Overall Trade
(Merchandise +Services) *
63.02
58.46
65.85
68.87
Trade Balance
-2.83
-10.41
* Note: The latest data for services sector released by RBI is for January 2023. The data for February 2023 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for April-February 2021-22 and April-September 2022 has been revised on pro-rata basis using quarterly balance of payments data.
Fig 1: Overall Trade during February 2023*
Table 2: Trade during April-February 2022-23*
April-February
2022-23
2021-22
405.94
377.43
653.47
549.96
296.94
227.58
164.00
131.66
Overall Trade (Merchandise+
Services) *
702.88
605.01
817.46
681.62
-114.58
-76.62
Fig 2: Overall Trade during April-February 2022-23*
Fig 3: Merchandise Trade during February 2023
Fig 4: Merchandise Trade during April-February 2022-23
Table 3: Trade excluding Petroleum and Gems & Jewellery during February 2023
Non- petroleum exports
28.96
30.26
Non- petroleum imports
36.23
40.14
Non-petroleum & Non Gems & Jewellery exports
25.36
27.09
Non-petroleum & Non Gems & Jewellery imports
31.05
31.68
Note: Gems &Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems & Jewellery during February 2023
Table 4: Trade excluding Petroleum and Gems & Jewellery during April-February 2022-23
319.73
319.77
459.99
409.30
284.52
284.45
395.37
333.44
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-February 2022-23
Fig 7: Services Trade during February 2023*
Fig 8: Services Trade during April-February 2022-23*