Exports up 26.40% to $25.33 billion during February 1-21
- IBEF
- February 23, 2022
According to figures from the Ministry of Commerce and Industry, the country's merchandise exports increased by 26.4% to US$ 25.33 billion in February, owing to strong performance in industries such as gems and jewellery, engineering, textiles, and chemicals.
According to preliminary data, export shipments increased by 26.87% to US$ 9.02 billion from February 15 to 21, compared to US$ 7.11 billion from February 15 to 21 last year. Exports totaled US$ 335.44 billion from April to January 2021-22, up 46.53% from US$ 228.9 billion in the same period last year.
By the conclusion of this fiscal year, the ministry expects exports to surpass the US$ 400 billion mark.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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