Exports jump by 58% to record USD 34 billion in March but 7.4% fall in 2020-21
Exports jump by 58% to record USD 34 billion in March but 7.4% fall in 2020-21
India’s exports increased by 58.23 per cent to a record USD 34 billion in March with key sectors performing well. However, exports dipped by 7.4 per cent to USD 290.18 billion in 2020-21 as compared to USD 313.36 billion in 2019-20, according to data.
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UPDATED: April 2, 2021 14:33 IST
India’s exports increased by 58.23 per cent to a record USD 34 billion in March. However, exports dipped by 7.4 per cent to USD 290.18 billion in 2020-21 as compared to USD 313.36 billion in 2019-20. (Photo: PTI file)
India s exports rise 58 23% to $34 billion in March businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Exports jump 58.23% to $34 billion in March; 7.4% dip in 2020-21
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Last Updated: Apr 01, 2021, 10:26 PM IST
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In March 2020, the exports stood at USD 21.49 billion, which was a decline of about 34 per cent over March 2019 due to global slowdown induced by the Covid-19 crisis.
Agencies
India s merchandise exports in March 2021 were USD 34.0 billion as compared to USD 21.49 billion in March 2020, an increase of 58.23 per cent
The country s exports jumped by 58.23 per cent to $34 billion, the highest ever reached in a month, in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the Commerce Ministry s provisional data.
The country s exports jumped by 58.23 per cent to $34 billion in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the Commerce Ministry s provisional data. Exports during April-March 2020-21, however, dipped by 7.4 per cent to $290.18 billion compared to $313.36 billion in 2019-20, the data showed.
Imports during 2020-21 contracted by 18 per cent to $388.92 billion compared to $474.71 billion during 2019-20. In March 2020, the exports stood at $21.49 billion, which was a decline of about 34 per cent over March 2019 due to global slowdown induced by the Covid-19 crisis. India s merchandise exports in March 2021 were $34.0 billion as compared to $21.49 billion in March 2020, an increase of 58.23 per cent, the ministry said in a statement.
Exports jump 58 23% to record $34 bilion in March; 7 4% dip in 2020-21 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.