TaxTMI 
TaxTMI 
India’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ndia’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent. <br>News and Press Release<br>Dated:- 15-5-2023<br><BR>India's overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent. Electronic goods, Rice, Drugs and Pharmaceuticals, Oil meals, Ceramic products and glassware and Spices registered significant increase in ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....exports in April 2023 * India's overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022. Overall imports in April 2023* is estimated to be USD 66.40 Billion, exhibiting a negative growth of (-) 7.92 per cent over April 2022. Table 1: Trade during April 2023* April 2023 (USD Billion) ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... April 2022 (USD Billion) Merchandise Exports 34.66 39.70 Imports 49.90 58.06 Services* Exports 30.36 24.05 Imports 16.50 14.06 Overall Trade (Merchandise +Services) * Exports 65.02 63.75 Imports 66.40 72.11 Trade Balance -1.38 -8.37 * Note: The latest data for services sector released by RBI is for March 2023. The data for April 2023 is an estimation, which will be revi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....sed based on RBI's subsequent release. (ii) Data for April 2022 has been revised on pro-rata basis using quarterly balance of payments data. Fig 1: Overall Trade during April 2023* MERCHANDISE TRADE * Merchandise exports in April 2023 were USD 34.66 Billion, as compared to USD 39.70 Billion in April 2022. * Merchandise imports in April 2023 were USD 49.90 Billion, as compared to USD 58.06 Bi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....llion in April 2022. Fig 2: Merchandise Trade during April 2023 * Non-petroleum and non-gems & jewellery exports in April 2023 were USD 25.76 Billion, compared to USD 28.37 Billion in April 2022. * Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April 2023 were USD 31.49 Billion, compared to USD 36.00 Billion in April 2022. Table 2: Trade excluding Petroleum a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....nd Gems & Jewellery during April 2023 April 2023 (USD Billion) April 2022 (USD Billion) Non- petroleum exports 28.19 31.84 Non- petroleum imports 34.72 40.42 Non-petroleum & Non Gems & Jewellery exports 25.76 28.37 Non-petroleum & Non Gems & Jewellery imports 31.49 36.00 Note: Gems &Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones Fig 3: Trade excl....
X X X X Extracts X X X X
X X X X Extracts X X X X
....uding Petroleum and Gems & Jewellery during April 2023 SERVICES TRADE * The estimated value of services export for April 2023* is USD 30.36 Billion, as compared to USD 24.05 Billion in April 2022. * The estimated value of services import for April 2023* is USD 16.50 Billion as compared to USD 14.06 Billion in April 2022. Fig 4: Services Trade during April 2023* * Riding on the high exports....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... base of April 2022 India's overall exports is projected to grow at 2 percent during April 2023. * Under merchandise exports, 11 of the 30 key sectors exhibited positive growth in April 2023 as compared to the same period last year (April 2022). These include Oil Meals (95.14%), Electronic Goods (26.49%), Rice (24.01%), Oil Seeds (18.01%), Ceramic Products & Glassware (17.21%), Spices (14.44%), ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Drugs & Pharmaceuticals (10.45%), Fruits & Vegetables (9.96%), Tobacco (6.28%), Coffee (4.17%) and Cereal Preparations & Miscellaneous Processed Items (2.03%). * Exports of Electronic goods increased by 26.49 percent during April 2023 at USD 2.11 Billion as compared to USD 1.67 Billion in April 2022. * Textiles, Plastic & Linoleum exports continued to decline in April 2023 because of subdued d....
X X X X Extracts X X X X
X X X X Extracts X X X X
....emand due to recessionary effects in major economies. * Under merchandise imports, 23 out of 30 key sectors exhibited negative growth in April 2023. These include Project Goods (-73.05%), Sulphur & Unroasted Iron Pyrites (-62.03%), Fertilisers, Crude & Manufactured (-45.86%), Gold (-41.48%), Vegetable Oil (-37.74%), Organic & Inorganic Chemicals (-31.36%), Metaliferrous Ores & Other Minerals (-2....
X X X X Extracts X X X X
X X X X Extracts X X X X
....8.93%), Coal, Coke & Briquettes, Etc. (-28.51%), Leather & Leather Products (-26.32%), Pearls, Precious & Semi-Precious Stones (-18.73%), Medicinal & Pharmaceutical Products (-18.33%), Textile Yarn Fabric, Made-Up Articles (-17.06%), Fruits & Vegetables (-16.87%), Transport Equipment (-14.89%), Petroleum, Crude & Products (-13.95%), Cotton Raw & Waste (-13.81%), Dyeing/Tanning/Colouring Materials.....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... (-8.17%), Artificial Resins, Plastic Materials, etc. (-6.12%), Wood & Wood Products (-5.92%), Electronic Goods (-5.67%), Non-Ferrous Metals (-5.24%), Chemical Material & Products (-4.59%) and Newsprint (-2.9%). * Services exports remain robust and projected to grow at 26.24 percent during April 2023 over April 2022. * Link for Quick Estimates<BR> News - Press release - PIB....