India's overall exports estimated at US$ 60.09 Billion in June 2023

The trade deficit decreased from US$ 31.49 billion in April to June 2022 to US$ 22.59 billion in April to June 2023, a 28.26% improvement.

According to the Ministry of Commerce & Industry, the merchandise trade deficit decreases 7.9% from April to June 2022 to reach USD 62.6 billion in 2023, a figure of USD 57.6 billion.

Exports of electronic goods increased significantly from the same period previous year, by 45.4% and 47.1%, respectively, in June 2023 and April-June 2023. Exports of iron ore increased significantly by 1664.3% in June 2023 compared to June 2022 and by 35% from April to June 2023.

Agricultural exports increased

Agricultural exports increased significantly from April to June 2022 to April to June 2023. Exports of spices increased by 18.2%, while exports of fruits and vegetables decreased by 14.1%.

When compared to the same period last year, drug and drug exports increased by 5.13 percent and 5.10 percent, respectively, in June 2023 and April to June 2023.

Exports of handicrafts, excluding hand-made carpets, increased by 5.14% in June 2023 compared to June 2022. Written by Pa on 14 JUL 2023 at 2:58 PM

India's total exports of goods and services are expected to reach USD 6000 billion in 2023, indicating a native growth of (-) 13.16%.

Also Read: TCS onboards 44,000 freshers in FY23, honors all job offers

Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK