{"id":10271,"date":"2024-07-15T18:03:53","date_gmt":"2024-07-15T12:33:53","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=10271"},"modified":"2024-07-15T18:03:53","modified_gmt":"2024-07-15T12:33:53","slug":"indias-total-exports-estimated-to-grow-at-5-40-in-june-2024","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2024\/07\/15\/indias-total-exports-estimated-to-grow-at-5-40-in-june-2024\/","title":{"rendered":"India\u2019s total exports estimated to grow at 5.40% in June 2024"},"content":{"rendered":"<ul>\n<li style=\"text-align: justify;\">India\u2019s total exports (Merchandise and Services combined) for June 2024* is estimated at USD 65.47 Billion, registering a positive growth of 5.40 percent vis-\u00e0-vis June 2023. Total imports (Merchandise and Services combined) for June 2024* is estimated at USD 73.47 Billion, registering a positive growth of 6.29 percent vis-\u00e0-vis June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Table 1: Trade during June 2024*<\/strong><\/p>\n<table class=\"GridTable4-Accent11\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td><strong>June 2024<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<td><strong>June 2023<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><strong>Merchandise<\/strong><\/td>\n<td>Exports<\/td>\n<td>35.20<\/td>\n<td>34.32<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>56.18<\/td>\n<td>53.51<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><strong>Services*<\/strong><\/td>\n<td>Exports<\/td>\n<td>30.27<\/td>\n<td>27.79<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>17.29<\/td>\n<td>15.61<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"3\"><strong>Total Trade<\/strong><\/p>\n<p><strong>(Merchandise +Services) *<\/strong><\/td>\n<td>Exports<\/td>\n<td>65.47<\/td>\n<td>62.12<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>73.47<\/td>\n<td>69.12<\/td>\n<\/tr>\n<tr>\n<td>Trade Balance<\/td>\n<td>-8.00<\/td>\n<td>-7.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><em>* Note: The latest data for services sector released by RBI is for May 2024. The data for June 2024 is an estimation, which will be revised based on RBI\u2019s subsequent release.<\/em><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Fig 1: Total Trade during June 2024*<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_1\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image001UAA1.png\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>India\u2019s total exports during April-June 2024* is estimated at USD 200.33 Billion registering a positive growth of 8.60 percent. Total imports during April-June 2024* is estimated at USD 222.89 Billion registering a growth of 8.47 percent.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Table 2: Trade during April-June 2024*<\/strong><\/p>\n<table class=\"GridTable4-Accent11\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>&nbsp;<\/td>\n<td>&nbsp;<\/td>\n<td><strong>April-June 2024<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<td><strong>April-June 2023<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><strong>Merchandise<\/strong><\/td>\n<td>Exports<\/td>\n<td>109.96<\/td>\n<td>103.89<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>172.23<\/td>\n<td>160.05<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\"><strong>Services*<\/strong><\/td>\n<td>Exports<\/td>\n<td>90.37<\/td>\n<td>80.57<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>50.67<\/td>\n<td>45.45<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"3\"><strong>Total Trade<\/strong><\/p>\n<p><strong>(Merchandise +Services) *<\/strong><\/td>\n<td>Exports<\/td>\n<td>200.33<\/td>\n<td>184.46<\/td>\n<\/tr>\n<tr>\n<td>Imports<\/td>\n<td>222.89<\/td>\n<td>205.50<\/td>\n<\/tr>\n<tr>\n<td>Trade Balance<\/td>\n<td>-22.56<\/td>\n<td>-21.03<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Fig 2: Total Trade during April-June 2024*\u00a0\u00a0\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_2\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image002PIG7.png\" \/><\/p>\n<p style=\"text-align: justify;\"><strong>MERCHANDISE TRADE<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>Merchandise exports during June 2024 were USD 35.20 Billion as compared to USD 34.32 Billion in June 2023.<\/li>\n<li>Merchandise imports during June 2024 were USD 56.18 Billion as compared to USD 53.51 Billion in June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Fig 3: Merchandise Trade during June 2024<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_3\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image003BUNA.png\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>Merchandise exports during April-June 2024 were USD 109.96 Billion as compared to USD 103.89 Billion during April-June 2023.<\/li>\n<li>Merchandise imports during April-June 2024 were USD 172.23 Billion compared to USD 160.05 Billion during April-June 2023.<\/li>\n<li>Merchandise trade deficit during April-June 2024 was USD 62.26 Billion compared to USD 56.16 Billion during April-June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Fig4: Merchandise Trade during April-June 2024<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_4\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image0042FHG.png\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>Non-petroleum and non-gems &amp; jewellery exports in June 2024 were USD 27.43 Billion compared to USD 25.29 Billion in June 2023.<\/li>\n<li>Non-petroleum, non-gems &amp; jewellery (gold, silver &amp; precious metals) imports in June 2024 were USD 36.04 Billion compared to USD 33.66 Billion in June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Table 3: Trade excluding Petroleum and Gems &amp; Jewellery during June 2024<\/strong><\/p>\n<table class=\"GridTable4-Accent11\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>&nbsp;<\/td>\n<td>\n<h2>June 2024<\/h2>\n<p><strong>(USD Billion)<\/strong><\/td>\n<td><strong>June 2023<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Non- petroleum exports<\/td>\n<td>29.68<\/td>\n<td>27.57<\/td>\n<\/tr>\n<tr>\n<td>Non- petroleum imports<\/td>\n<td>41.13<\/td>\n<td>40.93<\/td>\n<\/tr>\n<tr>\n<td>Non-petroleum &amp; Non-Gems &amp; Jewellery exports<\/td>\n<td>27.43<\/td>\n<td>25.29<\/td>\n<\/tr>\n<tr>\n<td>Non-petroleum &amp; Non-Gems &amp; Jewellery imports<\/td>\n<td>36.04<\/td>\n<td>33.66<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><em>Note: Gems &amp; Jewellery Imports include Gold, Silver &amp; Pearls, precious &amp; Semi-precious stones<\/em><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Fig 5: Trade excluding Petroleum and Gems &amp; Jewellery during June 2024<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_5\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image005O4GQ.png\" \/><\/p>\n<ul style=\"text-align: justify;\">\n<li>Non-petroleum and non-gems &amp; jewellery exports in April-June 2024 were USD 81.90 Billion, compared to USD 77.33 Billion in April-June 2023.<\/li>\n<li>Non-petroleum, non-gems &amp; jewellery (gold, silver &amp; precious metals) imports in April-June 2024 were USD 105.35 Billion, compared to USD 102.10 Billion in April-June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Table 4: Trade excluding Petroleum and Gems &amp; Jewellery during April-June 2024<\/strong><\/p>\n<table class=\"GridTable4-Accent11\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\" align=\"center\">\n<tbody>\n<tr>\n<td>&nbsp;<\/td>\n<td>\n<h2>April-June 2024<\/h2>\n<p><strong>(USD Billion)<\/strong><\/td>\n<td><strong>April-June 2023<\/strong><\/p>\n<p><strong>(USD Billion)<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Non- petroleum exports<\/td>\n<td>89.17<\/td>\n<td>84.86<\/td>\n<\/tr>\n<tr>\n<td>Non- petroleum imports<\/td>\n<td>120.72<\/td>\n<td>118.20<\/td>\n<\/tr>\n<tr>\n<td>Non-petroleum &amp; Non Gems &amp; Jewellery exports<\/td>\n<td>81.90<\/td>\n<td>77.33<\/td>\n<\/tr>\n<tr>\n<td>Non-petroleum &amp; Non Gems &amp; Jewellery imports<\/td>\n<td>105.35<\/td>\n<td>102.10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><em>Note: Gems &amp; Jewellery Imports include Gold, Silver &amp; Pearls, precious &amp; Semi-precious stones<\/em><\/p>\n<p style=\"text-align: justify;\"><strong>Fig 6: Trade excluding Petroleum and Gems &amp; Jewellery during April-June 2024<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_6\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image006NEX4.png\" \/><\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>SERVICES TRADE<\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>The estimated value of services export for June 2024* is USD 30.27 Billion as compared to USD 27.79 Billion in June 2023.<\/li>\n<li>The estimated value of services imports for June 2024* is USD 17.29 Billion as compared to USD 15.61 Billion in June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><strong>Fig 7: Services Trade during June 2024*<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_7\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image007PJ7M.png\" \/><\/p>\n<p style=\"text-align: justify;\">\n<ul style=\"text-align: justify;\">\n<li>The estimated value of service exports during April-June 2024* is USD 90.37 Billion as compared to USD 80.57 Billion in April-June 2023.<\/li>\n<li>The estimated value of service imports during April-June 2024* is USD 50.67 Billion as compared to USD 45.45 Billion in April-June 2023.<\/li>\n<li>The services trade surplus for April-June 2024* is USD 39.70 Billion as compared to USD 35.12 Billion in April-June 2023.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong>Fig 8: Services Trade during April-June 2024*<\/strong><\/p>\n<p style=\"text-align: justify;\"><img decoding=\"async\" id=\"Chart_x0020_8\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image008G2AA.png\" \/><\/p>\n<ul>\n<li style=\"text-align: justify;\">Exports of Coffee (70.02%), Tobacco (37.71%), Iron Ore (24.66%), Electronic Goods (16.91%), Cereal Preparations &amp; Miscellaneous Processed Items (15.43%), Carpet (10.64%), Engineering Goods (10.27%), Plastic &amp; Linoleum (9.94%), Drugs &amp; Pharmaceuticals (9.93%), Spices (9.84%), Fruits &amp; Vegetables (6.97%), Mica, Coal &amp; Other Ores, Minerals Including Processed Minerals (4.43%), Rmg Of All Textiles (3.68%), Organic &amp; Inorganic Chemicals (3.32%), Tea (3.2%), Man-Made Yarn\/Fabs.\/Made-Ups Etc. (2.79%), Ceramic Products &amp; Glassware (2.48%), Rice (0.97%), and Cotton Yarn\/Fabs.\/Made-Ups, Handloom Products Etc. (0.92%) record positive growth during June 2024 over the corresponding month of last year.<\/li>\n<li style=\"text-align: justify;\">Imports of Gold (-38.66%), Fertilisers, Crude &amp; Manufactured (-36.44%), Sulphur &amp; Unroasted Iron Pyrts (-30.55%), Cotton Raw &amp; Waste (-26.16%), Chemical Material &amp; Products (-22.3%), Pearls, Precious &amp; Semi-Precious Stones (-18.91%), Leather &amp; Leather Products (-17.38%), Coal, Coke &amp; Briquettes, Etc. (-16.73%) and Transport Equipment (-5.52%) record negative growth\u00a0during June 2024 over the corresponding month of last year.<\/li>\n<li style=\"text-align: justify;\">Services exports is estimated to grow by 12.16 percent during April-June 2024* over April-June 2023.<\/li>\n<li style=\"text-align: justify;\">Top 5 export destinations, in terms of change in value, exhibiting positive growth in June 2024 vis a vis June 2023 are U S A (5.98%), U Arab Emts (13.81%), Malaysia (93.82%), Bangladesh Pr (25.2%) and Tanzania Rep (59.13%).<\/li>\n<li style=\"text-align: justify;\">Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-June 2024 vis a vis April-June 2023 are Netherland (41.33%), U S A (10.4%), U Arab Emts (17.62%), Malaysia (81.84%) and Singapore (26.55%).<\/li>\n<li style=\"text-align: justify;\">Top 5 import sources, in terms of change in value, exhibiting growth in June 2024 vis a vis June 2023 are U Arab Emts (48.15%), China P Rp (18.37%), Russia (18.57%), Indonesia (23.22%) and U S A (10.65%).<\/li>\n<li style=\"text-align: justify;\">Top 5 import sources, in terms of change in value, exhibiting growth in April-June 2024 vis a vis April-June 2023 are U Arab Emts (35.68%), Russia (19.72%), China P Rp (8.34%), Iraq (27.64%) and Indonesia (17.92%).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s total exports (Merchandise and Services combined) for June 2024* is estimated at USD 65.47 Billion, registering a positive growth of 5.40 percent vis-\u00e0-vis June 2023. Total imports (Merchandise and Services combined) for June 2024* is estimated at USD 73.47 Billion, registering a positive growth of 6.29 percent vis-\u00e0-vis June 2023. Table 1: Trade during [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52886],"tags":[],"class_list":["post-10271","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-english-news"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/10271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=10271"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/10271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=10271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=10271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=10271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}