India's exports faced a decline of 12.7 percent compared to the same period the previous year in April 2023, amounting to USD 34.66 billion. This drop in exports can be attributed to weakening global demand, which has been influenced by persistent inflationary pressures and higher borrowing costs worldwide. source: Ministry of Commerce and Industry, India
Exports in India averaged 7.04 USD Billion from 1957 until 2023, reaching an all time high of 42.22 USD Billion in March of 2022 and a record low of 0.06 USD Billion in June of 1958. This page provides the latest reported value for - India Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Exports - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Exports in India is expected to be 38.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Exports is projected to trend around 38.00 USD Billion in 2024 and 41.00 USD Billion in 2025, according to our econometric models.