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India’s merchandise exports rose by 15.46 %

India’s merchandise exports rose by 15.46 %

  • India’s merchandise exports rose by 15.46% to 37.29 billion dollars in May 2022 on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as the trade deficit widened to 23.33 billion dollars during the month.
  • India’s merchandise export in April -May 2022-23 was 77.08 billion dollars with an increase of 22.26% over 63.05 billion dollars in April-May 2021-22.