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India's containerized exports log 6% growth in January-March period

Imports, in the same period, dipped 2.2 per cent

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Nirmalya BeheraJayajit Dash Bhubaneswar
India’s containerized exports logged a stable 6 per cent growth in January-March period of 2019, spurred by robust performances in refrigerated cargo, engineering and pharmaceuticals sectors.

Imports, in the same period, dipped 2.2 per cent. Import demand, nonetheless, was buoyed by pharmaceuticals, metal, appliances and kitchenware, paper, chemicals and fruit & nuts, mainly from Northern Europe, South Asia, China and Russia.

As for exports, India’s eastern and western regions registered double digit growth with commodities like plastic, rubber, textiles and vegetables as the key drivers, data sourced from Maersk India Trade Report 2019 showed.

“Enabling and facilitating trade is an