The Ministry stated that the country’s total exports in June this year were estimated at 73.45 billion US dollars, registering a growth of 9.48 percent compared to June last year.
The growth in merchandise exports during June was primarily driven by key sectors including Gems and Jewellery, Engineering Goods, Organic and Inorganic Chemicals, Electronic Goods, and Rice.
Electronic goods exports recorded notable growth, increasing by around 19 percent from 4.14 billion US dollars in June last year to 4.93 billion US dollars in June this year, reflecting strong performance in the sector.
The Commerce and Industry Ministry further stated that the total imports, combining merchandise and services, were estimated at 88.76 billion US dollars in June this year. The figure represents a growth of over 26 percent compared to the same month last year.
The latest trade figures highlight continued expansion in India’s export performance, supported by strong contributions from major manufacturing and industrial sectors, while overall trade activity maintained an upward trajectory during the first quarter of the financial year.
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