Electronics, Petroleum Goods, And Cell Phones Are The Main Growth Drivers In H1 Exports.

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import export data h1 exports

 Mobile phones, tobacco, processed foods, inventories, electronics, gold jewelry, and leather-based merchandise have boosted India's commerce exports to the next level during the first six months of this fiscal year when the global commerce industry is moving slowly.

India Import Export Data shows that from April to September, Indian exports of telecom equipment increased by 88%, totaling over $5 billion.

The market for gold and metallic jewelry in India has increased by 22.24%, totaling over $6.5 billion. Hong Kong, Thailand, Switzerland, and Singapore are the nations that exported such goods the most; they have now appeared as new global growth markets.

As per the latest Import export data, In its prediction made public in October, the World Trade Organization estimated that after initially targeted at 3.4%, global trade growth will decelerate to 1% in 2023.

Global uncertainties are to blame for this anticipated fall but India's exports of products rose 16.96% from $198.25 billion to $231.88 billion in the first half of FY23.

Sufficient for now, if you want to know more about Indian trade then visit our official website Exim Trade Data. 


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