India’s exports rise by 22.63% to $33.79 billion
India‘s merchandise exports saw a rise of 22.63 percent on a year-on-year basis in September 2021.
Whereas exports rose to $33.79 billion from $27.56 billion reported for September 2020.
The data furnished by the Ministry of Commerce and Industry showed that in comparison to September 2019, last month’s exports rose by 29.86 percent.
On a sequential basis, exports for last month inched up from $33.28 billion worth of merchandise exports reported for August 2021.
“Non-petroleum and non-gems and jewellery exports in September 2021 were $25.34 billion, as compared to $21.33 billion in September 2020, registering a positive growth of 18.82 percent,” the ministry said.
“As compared to September 2019, non-petroleum and non-gems and jewellery exports in September 2021 registered a positive growth of 33.39 percent.”
India’s imports rise by 84.77% to $56.39 billion
Similarly, India’s merchandise imports in September 2021 increased, rising by 84.77 percent, on a year-on-year basis, to $56.39 billion from $30.52 billion.
The data showed that in comparison to September 2019, last month’s imports rose by 49.59 percent.
Sequentially, September’s imports were higher than $47.09 billion worth of merchandise imports reported for August 2021.
Non-oil and non-gold imports were $33.84 billion in September 2021, recording a positive growth of 40.45 percent, as compared to non-oil and non-gold imports of $24.09 billion in September 2020.
Non-oil and non-gold imports in September 2021 recorded a positive growth of 23.79 percent over September 2019.
[With Inputs from IANS]
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