The nation’s exports grew 33.16 per cent to USD 7.63 billion during January 1-7 interval on account of wholesome efficiency by varied sectors, together with engineering, petroleum and gems and jewelry, in accordance to preliminary data from the commerce ministry.
Exports stood at USD 5.73 billion during the identical interval final 12 months.
During the primary week of this month, imports rose about 33 per cent to USD 11.60 billion as in contrast to USD 8.72 billion in the identical interval of 2021.
Imports, excluding petroleum, elevated within the interval below overview by 29.88 per cent over the identical interval of 2020-21, as per the data.
The ministry has expressed confidence that the wholesome progress charge would assist in attaining the goal of USD 400 billion value items exports this fiscal.
The nation’s merchandise exports in December 2021 surged 37 per cent on an annual foundation to USD 37.29 billion, the highest-ever month-to-month determine.
(Only the headline and movie of this report could have been reworked by the Business Standard employees; the remainder of the content material is auto-generated from a syndicated feed.)
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