India`s September Exports at $23 bn Grow Nearly 5% over last year
Signalling a clear reversal of the continuous decline in Indian exports, official data on Friday showed September exports at $22.88 billion grew 4.62 per cent over exports recorded in the same month last year at $21.87 billion.
However, cumulatively for the six-month April-September period, exports were down 1.74 per cent in dollar terms at $131.4 billion, as against exports of $133.7 billion over the same period last year, as per data released by the Commerce Ministry.
The government said growth in exports have fallen for the US, European Union and China but Japan exhibited positive growth for July 2016, over the corresponding period of the previous year, as per latest WTO statistics.
"Non-petroleum exports in September 2016 are valued at $20.33 billion against $19.28 billion in September 2015, an increase of 5.44 per cent," a statement here said.
Imports during the month in question at $31.22 billion, were 2.54 per cent lower than the imports of $32.03 billion in September 2015.
No comments:
Post a Comment