Exports increase by more than 36% in 3 weeks of December

NEW DELHI : India’s good growth in merchandise exports continued well into the last month of the year, with the country recording 36.20% growth in exports by value to $ 23.82 billion over the course of the year. the first three weeks of December.

According to people with official export data for the month through December 21, exports, including those from EDI (Electronic Data Interchange) and SEZs, were up 36.20% from the 17. $ 49 billion in exports over the same period of 2020-21. Export is up 27.70% from the same period of 2019-20 to $ 18.65 billion.

Exports excluding petroleum products increased during this period (three weeks of December) by 28.08% over the same period of 2020-21 and by 28.75% over the same period of 2019-20.

According to official export data for November, released earlier in the month, India’s merchandise exports jumped 27.16% to $ 30.04 billion in November on the strength of sectors like petroleum products. , engineering products and electronic items.

Data for December shows growth momentum continued throughout the month with the value of exports at $ 7.36 billion, up 20.83% in the third week of December compared to the same period of 2020-21 ($ 6.09 billion) and up 15.41. % over the same period of 2019-2020 ($ 6.38 billion).

Non-oil exports increased during this period by 24.56% compared to the same period of 2020-21 and by 29.25% compared to the same period of 2019-20.

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