Page 2 - Merchandise Exports
India's services exports see 12% growth at $27.17 billion in July
The trade deficit narrowed to $20.67 billion in July from $25.45 billion a year ago but widened from $18.76 billion in June
 "India's services exports see 12% growth at $27.17 billion in July")
Trade deficit widens to $20.67 bn in July compared to $20.13 bn in June
Merchandise exports in July stood at $32.25 billion, down from $32.87 billion in June and $38.34 billion in July 2022
 "Trade deficit widens to $20.67 bn in July compared to $20.13 bn in June")
WTO ranks India 18th in merchandise exports
India is ranked 7th in the list of services exporters with exports of $309 billion and 4.4 per cent of global services trade share
 "WTO ranks India 18th in merchandise exports")
US share in India's merchandise exports up despite diversification move
Between FY12 and FY23, the US share in India's import basket rose from 4.8 per cent to 7 per cent
 "US share in India's merchandise exports up despite diversification move")
Exports contract for 4th straight month; trade deficit hits 5-month high
Imports decline 6.6% in May
 "Exports contract for 4th straight month; trade deficit hits 5-month high")
India's exports to grow dramatically on the back of dynamic trade strategy
India's total exports, merchandise exports and services combined, grew at 13.8 per cent to achieve a new record of $770 billion in 2022-23
 "India's exports to grow dramatically on the back of dynamic trade strategy")
India's exports fall 12.7% in April; trade deficit at 20-month low
Demand scenario not 'very optimistic': DGFT
 "India's exports fall 12.7% in April; trade deficit at 20-month low")
Exports contract most in nearly 3 years in March; trade gap swells
Global turmoil weighs on demand
 "Exports contract most in nearly 3 years in March; trade gap swells")
Goods exports hit $447 bn in FY23; final data awaited: Piyush Goyal
Services exports likely to see sharper jump, estimated to cross $320 billion in FY23 from $254 billion a year ago
 "Goods exports hit $447 bn in FY23; final data awaited: Piyush Goyal")
India's surging services exports may shield economy from external risks
India's services exports rose 24.5% on year in October-December 2022, hitting a record $83.4 billion during the quarter, shows data
 "India's surging services exports may shield economy from external risks")
New export strategy must be a result of introspection
The 2015 Foreign Trade Policy Statement said that the government aims to increase India's exports of merchandise and services from $465.9 billion in 2013-14 to approximately $900 billion by 2019-20
India's exports rise in both value, volume terms in 2022: GTRI report
The country's merchandise exports have recorded a healthy growth in both value and volume terms in 2022, economic think tank Global Trade Research Initiative (GTRI) said in a report on Thursday. The outbound shipments rose by 14.6 per cent year-on-year to USD 453.3 billion in 2022. "The study found that products where exports increased to cover a value of USD 315.9 billion (69.8 per cent of total merchandise exports). But, products whose export quantities increased over the previous year represent USD 285.6 billion (63 per cent of total exports)," it said. Major product categories which have recorded growth in both value and volume terms include petroleum products, sugar, and basmati rice. "Petroleum products, including diesel, gasoline and naphtha represent an export value of USD 94 billion. The unit price rose between 50-115 per cent in one year. The high unit prices may be primarily due to the high prices of crude oil. Sugar saw a unit value increase of 15 per cent, with exports
 "India's exports rise in both value, volume terms in 2022: GTRI report")
Canada's merchandise exports declined 2.3% in November 2022: Reports
Canada's merchandise exports decreased 2.3 per cent in November 2022, in large part because of a decline in exports of energy products, according to official figures
 "Canada's merchandise exports declined 2.3% in November 2022: Reports")
Exports rise marginally to $32 bn in Nov; trade deficit lowest in 7 months
Imports at 10-month low of $55.88 billion, trade deficit lowest in 7 months
 "Exports rise marginally to $32 bn in Nov; trade deficit lowest in 7 months")
Signs of global slowdown: Export credit demand shrinks 25% YoY in October
The data released by the Reserve Bank of India (RBI) showed a fall in export credit even though the bank credit saw a robust growth of 18 per cent
 "Signs of global slowdown: Export credit demand shrinks 25% YoY in October")
Top headlines: India's exports shrink, Q2 profits down, PM at G20, and more
Business Standard brings you the top headlines this hour
 "Top headlines: India's exports shrink, Q2 profits down, PM at G20, and more")
India's exports contract for first time in 2 years; imports moderate
Decline 17% to $29.8 billion in October
India's services exports to buck recession fears; see 25-30% growth
Notwithstanding the threat of a recession looming ahead for the developed economies, exporters say they expect a similar trend to continue in the second half of the year
 "India's services exports to buck recession fears; see 25-30% growth")
Exports up 4.8% to $35.45 billion days after initial data showed a dip
The World Trade Organization (WTO) has also painted a grim picture for the outlook of global trade next year amid fears of a recession
 "Exports up 4.8% to $35.45 billion days after initial data showed a dip")
Have India's exports hit a rough patch?
The effect of global slowdown has reached the Indian shores. Its merchandise exports contracted 3.5% in Sept due to a fall in demand. So have Indian exports hit a rough patch?
