Oil imports declined by 8.9 per cent to $10.88 billion, and non-oil imports fell by 15 per cent to $28.71 billion
US buyers are looking at India favourable as India already exports $10 billion worth jewellery there
Exports of employment-intensive leather and products saw a fall of 3.7%
Oil imports declined 22.15% to $9.6 billion
In the last financial year, growth in exports was between nine and ten per cent and the volume touched $331 billion which was a "record", the commerce secretary said
India's exports had a disappointing start to FY20 as growth crashed to a four-month low
Workers who are educated, urban and male tend to benefit more from the export gain, according to the study
During the month under review, several key export sectors recorded negative growth
India's creative goods exports nearly tripled from $7.4 billion in 2005 to $20.2 billion in 2014
Since 2011-12, India's exports have been hovering at around $300 billion. During 2017-18, the shipments grew by about 10 per cent to $303 billion
September import growth was the second lowest this fiscal year, after the April growth figures of 4.6 per cent, bringing the trade deficit down to $13.98 billion
The exports grew on account of healthy performance by sectors such as petroleum
India has exported passenger vehicles worth $268 million to the US in three months ended June
Efforts to push China into rectifying trade deficit with India, including minister-level talks in Delhi last month, have produced little visible result
Singapore was a notable outlier -- exports actually do better when its currency firms up
Expectedly, the trade deficit has expanded briskly; by $131 billion in the first 10 months of 2017-18 against $88 billion in the same period last year
Economic Survey showed that share of marine products in exports has risen at the fastest pace
Export of plastics, chemicals and forest products holds a huge potential for domestic players in the global market, which stands at over USD 2,000 billion, a senior official today said. India's export of these products accounts for less than two per cent in the international market. Announcing a three-day exhibition of these products in Mumbai in March, Joint Secretary in Department of Commerce Shyamal Misra said such events help promote shipments of these goods. Last year, such exports aggregated at USD 36 billion and so far this fiscal, shipments of these sectors have recorded a growth of about 12 per cent. "There is a lot of scope and potential to boost exports of these sectors. The exhibition will help the industry look for new markets and buyers," he told reporters here. The event CAPINDIA 2018 is jointly organised by four export promotion councils - shellac & forest products (SHEFEXIL); plastics (PLEXCONCIL); basic chemicals, cosmetics & dyes (CHEMEXIL), ...
The US and European Union account for about 25% of the country's total merchandise exports
However, the trade deficit expanded to $44.51 bn in the first 7 months despite surge in Indian exports as imports from China continue to increase