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.
Trade during April 2023*
|
|
April 2023
(USD Billion) |
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 revised based on RBI’s subsequent release. (ii) Data for April 2022 has been revised on pro-rata basis using quarterly balance of payments data.
The Complete Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1924221