Exports grew 34% to $52.2 billion in August 2021

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Exports from India grew by 34 % in August 2021

The nation’s complete exports reached $52.2 billion in August 2021, a rise of 34 % over the identical interval final 12 months, when it stood at $38.96 billion. Nevertheless, on the identical time, imports additionally elevated considerably in August 2021, as they stood at $58.5 billion, up 45 % from the identical interval final 12 months, once they stood at $40.29 billion.

For the interval April-August 20212, India’s complete exports stood at about $256 billion, up 44 % from the exports recorded throughout the identical interval final 12 months, once they stood at $177.8 billion.

Imports for the April-August 2021 interval additionally noticed a large 64 per cent progress as they stood at $273 billion. Imports throughout the identical interval final 12 months stood at $166.5 billion.

A number of the objects displaying a rise in exports throughout August 2021 had been petroleum merchandise, gems and jewelry, engineering items, cotton yarn and handloom merchandise.