India’s Exports in September 2023: A Detailed Overview
India's economic landscape is shaped by its trade performance, and the latest data on the country's exports in September 2023 provides insights into the nation's global trade standing. Let's delve into the figures and see what they reveal.
Merchandise Exports and Imports
In September 2023, India's merchandise exports amounted to USD 34.47 billion, slightly down from USD 35.39 billion in the same month of the previous year. Meanwhile, merchandise imports in September 2023 were USD 53.84 billion, showing a decrease from USD 63.37 billion in September 2022.
This data suggests that India's merchandise trade deficit in September 2023 was USD 19.37 billion, reflecting a decline from the previous year.
Key Growth Sectors
While the overall exports recorded a marginal decline, some ...