India's overall exports in April-March2020-21 are estimated to be USD 493.19 Billion, exhibiting a negative growth of 6.66% over the same period last year. Overall imports in April-March 2020-21 are estimated to be USD 505.94 Billion, exhibiting a negative growth of 16.53% over the same period last year.
Exports in March 2021 were USD 34.45 Billion, as compared to USD 21.49 Billion in March 2020, exhibiting a positive growth of 60.29%. Cumulative value of exports for the period April-March 2020-21 was USD 290.63 Billion (Rs.21,50,325.03 Crore) as against USD 313.36 Billion (Rs.22,19,854.18 Crore) during the period April-March 2019-20, registering a negative growth of 7.26% in Dollar terms (negative growth of 3.13% in Rupee terms).
Imports in March 2021 were USD 48.38 Billion (Rs.3,52,191.21 Crore), which is an increase of 53.74% in Dollar terms in March 2020. Cumulative value of imports for the period April-March 2020-21 was USD 389.18 Billion (Rs.28,76,918.30 Crore), as against USD 474.71 Billion (Rs.33,60,954.46 Crore) during the period April-March 2019-20, registering a negative growth of 18.02% in Dollar terms and a negative growth of 14.40% in Rupee terms.
The merchandise trade deficit for March2021 was estimated at USD13.93Billion as against the deficit of USD 9.98 Billion in March2020, which is an increase of 39.62%.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app