April 01, 2021
March 2021 had the highest ever exports in Indian history - REUTERS×
Exports in April-March 2020-21 fall 7.4%; imports decline 18.07%
Goods exports in March 2021 jumped 58.23 per cent (year-on-year) to $34 billion — the highest ever monthly export figure — propelled by sectors such as engineering goods, gems & jewellery and pharmaceuticals, per preliminary data shared by the Commerce & Industry Ministry on Thursday.
Total exports in April-March 2020-21 are at an estimated $289.92 billion, which is 7.4 per cent lower than exports worth $313.36 billion in April-March 2019-20.
Imports in March 2021 increased 52.89 per cent to $48.12 billion, with gold imports alone accounting for rise of $7.17 billion (584.2 per cent rise), while trade deficit was at $ 14.12 billion, according to the preliminary numbers.