According to preliminary data from the commerce ministry, India’s exports increased by 17.27% YoY to US$ 14.22 billion in March 1-14, 2021, compared to the same period last year.
Imports increased by 27.77% YoY to US$ 22.24 billion in the period (March 1-14, 2021).
Engineering, rice, gems and jewellery were among the key sectors that recorded healthy growth in exports.
Imports of gold, electronic goods, and pearls, as well as precious and semi-precious stones, increased during the period (March 1-14, 2021).
For the third month in a row, the country's exports increased marginally by 0.67% YoY to US$ 27.93 billion in February 2021.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.