What is the value of merchandise exports by India in September 2022?
Show answer & explanation
Correct answer: C
Explanation
- India's total exports are estimated to be US$ 382.31 billion in April-September 2022.
- This represents an increase of 21.03 percent compared to the same period last year.
- Estimated value of services exports in September 2022 to be US$ 25.65 billion
- Dollar, which is 18.72% higher than September 2021. (21.61 billion US dollars).
- Compared to September 2021, when merchandise exports stood at US$ 33.81 billion, September
- It is expected to grow positively by 4.82 percent to US$ 35.45 billion in 2022.
- Imports of goods in September 2022 totaled US$61.16 billion, an increase of US$56.29 billion from September 2021, or an increase of 8.66%.
- The trade deficit in September 2022 was projected to be US$ 25.71 billion as against US$ 22.47 billion in September 2021, an increase of 14.42 per cent.