Page 12 - Indian Exports

Exports up 60% in March at $34.5 bn, but decline by 7% in FY21: Govt data

Trade deficit during March 2021 widened to $13.93 billion from $9.98 billion in March 2020

Helped 2.5 mn MSMEs in India go online, enabled exports worth $3 bn: Amazon

Amazon India on Thursday said it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly one million jobs in the country

Engineering exports jump 70% in March marking a major rebound

Exports of engineering goods from the country recorded an impressive 70.28 per cent growth in March.

From cotton to sugar imports, here's an overview of India-Pak trade ties

Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan

Centre chalks out four-point strategy to clear Suez Canal blockage

According to the government's assessment, total backlog at the waterway is likely to be cleared in a week' time

India delays big exports of AstraZeneca vaccine as Covid-19 cases surge

India is, however, not officially banning Covid-19 vaccine exports. "This is a temporary move until the supply situation stabilises in the country," said a person close to the development

Shipping lines set to decide if container e-module's a success

The FIEO says the e-module is a first-level marketplace where exporters can post their container demands online, which will help in ground-level assessment of containers required in the country

Take steps to contain further deterioration in exports, imports: Par Panel

A parliamentary panel has suggested to the Department of Commerce to take appropriate measures to check further deterioration in exports and crucial imports

Exporters take unusual steps to ease container shortage to ease trading

Indian Railways is discussing if its current 25% discount for moving empty containers inland along some routes needs to be extended beyond March

Dealing with tariff complaints

WTO's India review shows protectionism has alienated partners

Merchandise export receivables can't be set off against service import dues

You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill

February imports rise 7% at $40.55 bn; trade deficit widens to $12.88 bn

India's exports marginally declined 0.25 per cent to $27.67 billion in February

Global merchandise trade growth may not be sustainable, says WTO

Experts say this may have repercussions on Indian exports

One million smart speakers worth Rs 463.4 cr shipped in India in 2020

Amazon led the segment both in value and volume market shares (80 per cent market share) while Google managed 11 per cent market share by volume in 2020

India's exports up 6.16% in January; trade deficit narrows $14.54 bn

Aside from the exports, the trade deficit for January 2021 was estimated at USD 14.54 billion as against the deficit of USD 15.30 billion in January 2020, which is a decrease of (-) 4.95 per cent

Exports rise 5.37% in Jan to $27.24 bn over growth in pharma, engineering

Exports of pharmaceuticals and engineering grew 16.4 per cent to $293 million

Steps on infra, customs duty in Budget to promote mnfg, exports: Exporters

Steps announced to develop modern infrastructure and rationalisation of customs duties on different products would help in promoting domestic manufacturing and boosting exports, according to exporters

Rising Bangladesh exports hold lessons for India: Economic Survey

The Economic Survey 2021 on Friday suggested that India can take some "lessons" from Bangladesh, a strong exporting nation, and focus on specialising in products in which it is competitive. It said that Bangladesh seems poised to emerge as a dominant exporter as its outbound shipments posted an impressive compounded annual growth rate (CAGR) of 8.6 per cent during 2011-2019, compared to 0.9 per cent for India and 0.4 per cent for the world. Bangladesh's share in world exports has increased from 0.1 per cent in 2011 to 0.3 per cent in 2019. The top five export commodities (from labour intensive sectors such as textiles, apparels and footwear) account for more than 90 per cent of the total exports of Bangladesh since 2015, it said. In case of India, on the other hand, export performance is more broad-based as the top five export commodities jointly constitute around 40 per cent of total exports and these goods are capital and technology-intensive, it added. Quoting the data of ...

Delay in announcement of rates under RoDTEP to impact exports: FIEO

Apex exporters body FIEO on Friday asked the govt to announce the rates for different sectors under the tax refund scheme RoDTEP as further delay will have serious implications for future exports

Indian exports likely to lose edge on rising rupee, says RBI study

Study suggests absorbing inflows to avoid this; effective exchange rate index revamped