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
FIEO India would no longer be able to legally offer export subsidies, as its per capita gross national income had crossed $1,000 for the third year in a row
India's planned exports touched 34% from 28% in the year-ago period