While exporters will get more clarity on the impact when finer details of SWIFT ban are spelt out, they have had discussions with govt to deal with payment-related challenges
Reports said Lebanon, which imports 60% wheat from Ukraine has started talks with India after the crisis
SEPC chairman said by the end of the ongoing fiscal year, services exports would reach about $250 billion
Merchandise exports grew 27.54 per cent year-on-year (YoY) to $34.5 billion in January as demand for Indian products remained robust.
India's overall exports rose nearly 36% YoY, while those from SEZs posted 31% growth in this period
India's exports grew by 28.51 per cent to USD 8.67 billion during February 1-7 on account of healthy growth in sectors such as petroleum, engineering according to preliminary data .
Aimed at promoting new SMEs, along with a few big projects, the policy looks to grow the current exports of roughly Rs 3,100 cr to Rs 25,000 cr in next five years
However, consignment values remained above the $30 billion mark despite a rise in Omicron cases across the globe
Imports, on the other hand, rose 28 per cent to USD 87.5 billion in 2021
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SEPC looks to set an export target of 300 billion for 2022-23 as it expects resumption of regular international travels and other business activities in the coming time
Outbound shipments up 29% sequentially; Cumulatively, exports in April-Dec crossed $301 bn, achieving three fourth of annual target of $400 bn in first nine months of FY22
India and South Korea set a bilateral trade target of $50 billion before 2030, as South Korea's Trade Minister Yeo Han-Koo held talks with India's Piyush Goyal in New Delhi on Tuesday
Some large segments like engineering and electronic goods are barely above 2019 levels
South Korea's exports of kimchi, a traditional spicy side dish of salted and fermented vegetables, hit an all-time high last year due to its growing popularity, data revealed on Sunday.
Recovery in key global markets and robust demand help trend, says commerce ministry data.
Export of all commodities in the segment was valued at $263 billion during the April-November period in 2021-22
Under the Served from India Scheme (SEIS), the rates for exports during 2019-20 were notified with certain ceilings and applications were allowed till the allocations lasted
The US, however, remained the top importer of Indian engineering goods
Rise in input cost, delays in shipments and payments among problems in growth, says FIEO.