India’s merchandise exports rise to over $30 billion in April 14 May 2021 A mobile crane carries a container at Thar Dry Port in Sanand in Gujarat. Reuters The low base effect powered India’s merchandise exports to grow by over 195 per cent on year-on-year basis last month. In April 2021, exports grew to $30.63 billion, higher by 195.72 per cent over the $10.36 billion reported in April 2020. “As compared to April 2019, exports in April 2021 exhibited a positive growth of 17.62 per cent in dollar terms and 26.17 per cent in rupee terms,” an official statement on foreign trade said. “Non-petroleum and non-gems and jewellery exports in April 2021 were $23.62 billion, as compared to $9.08 billion in April 2020, registering a positive growth of 160.24 per cent.” As compared to April 2019, the non-petroleum and non-gems and jewellery exports in April 2021 registered a positive growth of 20.47 per cent.