Export Import Data: The country’s exports grew by 24.18 per cent to $9.39 billion during June 1-7, 2022, due to good growth in sectors such as engineering, gems and jewelery and petroleum products. An official of the Ministry of Commerce gave this information. He told that between June 1 and June 7, 2021, the country’s exports were $ 7.56 billion. According to the commerce ministry, during the first week of this month, imports also increased by about 77 percent to $ 16 billion.
Major export products from which the figure increased
The exports of gems and jewellery, engineering, petroleum products and electronic goods grew by 84.3 per cent, 25.7 per cent, 20.4 per cent and 73.5 per cent, respectively.
Major import goods include petroleum, crude, coal, coke and briquettes, gold and chemicals.
India’s commodity exports also increased
India’s commodity exports also grew by 5.46 percent to $ 37.29 billion in May. It registered an increase due to healthy performance in sectors like petroleum, electronics and chemicals. Apart from this, imports also increased by 56.14 percent to $ 60.62 billion during the month under review.
India’s exports at record level
India’s exports of goods reached a record level of $ 418 billion in the financial year 2021-22 due to the better performance of petroleum products, engineering goods, gems and jewelery and chemicals sectors.