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    <title>The cumulative exports (merchandise &amp; services) during April-January 2024-25 is estimated at USD 682.59 Billion, as compared to USD 636.69 Billion in April-January2023-24, an estimated growth of 7.21%.</title>
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    <description>Provisional trade estimates indicate cumulative export growth (merchandise and services) for April-January 2024-25 with imports rising and the trade deficit widening. Merchandise exports show modest cumulative gains while merchandise imports increase; non petroleum and non petroleum/non gems &amp; jewellery exports register stronger growth. Sectoral drivers include Electronic Goods, Engineering Goods, Drugs &amp; Pharmaceuticals, Rice and Gems &amp; Jewellery. Services exports are estimated to have grown robustly, producing a substantial services surplus. January services data are provisional and prior period figures have been revised pro rata using balance of payments data.</description>
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    <pubDate>Mon, 17 Feb 2025 18:36:30 +0530</pubDate>
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      <title>The cumulative exports (merchandise &amp; services) during April-January 2024-25 is estimated at USD 682.59 Billion, as compared to USD 636.69 Billion in April-January2023-24, an estimated growth of 7.21%.</title>
      <link>https://www.taxtmi.com/news?id=34332</link>
      <description>Provisional trade estimates indicate cumulative export growth (merchandise and services) for April-January 2024-25 with imports rising and the trade deficit widening. Merchandise exports show modest cumulative gains while merchandise imports increase; non petroleum and non petroleum/non gems &amp; jewellery exports register stronger growth. Sectoral drivers include Electronic Goods, Engineering Goods, Drugs &amp; Pharmaceuticals, Rice and Gems &amp; Jewellery. Services exports are estimated to have grown robustly, producing a substantial services surplus. January services data are provisional and prior period figures have been revised pro rata using balance of payments data.</description>
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