Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Duty free import of raw cotton to push exports of value added textiles: FIEO.


Date: 15-04-2022
Subject: Duty free import of raw cotton to push exports of value added textiles: FIEO
The country's exports in March 2022 rose 19.76 per cent to USD 42.22 billion on account of healthy performance by sectors such as petroleum products, engineering, and leather, even as trade deficit during the month widened to USD 18.51 billion.
In March 2021, exports stood at USD 35.26 billion, according to a commerce ministry data released on Wednesday.


Last month, imports grew 24.21 per cent to USD 60.74 billion, it showed.


Trade deficit stood at USD 13.64 billion in March 2021.


While total exports during 2021-22 increased to a record high of USD 419.65 billion, imports too soared to USD 611.89 billion, leaving a trade gap of USD 192.24 billion.


The trade deficit (difference between imports and exports) stood at USD 102.63 billion in 2020-21.


For the first time, India's monthly merchandise exports exceeded USD 40 billion, reaching USD 42 billion in March 2022.


According to the data, the estimated value of services export increased 4.64 per cent to USD 21.76 billion in March 2022.


The services import last month rose 7.33 per cent to USD 13.16 billion.


"The estimated value of services export for April-March 2021-22 is USD 249.24 billion, exhibiting a positive growth of 20.94 per cent vis-a-vis April-March 2020-21 (USD 206.09 billion)," the ministry said.


Imports during 2021-22 was estimated at USD 144.79 billion, an increase of 23.20 per cent over 2020-21 when it was USD 117.52 billion.

"The services trade balance for April-March 2021-22 was estimated at USD 104.45 billion as against USD 88.57 billion in April-March 2020-21, which is an increase of 17.94 per cent," it added.

Source Name: Economics Times





Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 01-12-2022
Notification No. 101/2022 - Customs (N.T.)
Exchange rate Notification No. 101/2022-Cus (NT) dated 01.12.2022-reg

Date: 01-12-2022
Notification No. 40/2022-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to reduce the Special Additional Excise Duty on production of Petroleum Crude.

Date: 01-12-2022
Notification No. 41/2022-Central Excise
Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022, to reduce the Special Additional Excise Duty on Diesel.

Date: 01-12-2022
NOTIFICATION No. 04/2022-Central Excise (N.T.)
Appointment of the Commissioner of Central Excise and Service Tax (Appeals) as Central Excise officer for the entire territorial jurisdiction of the Principal Chief Commissioner/ Chief Commissioner of Central Excise and Service Tax for the purpose of passing Orders-in-Appeal for the CX & ST appeals filed after 30.06.2017-reg.

Date: 30-11-2022
Notification No. 100/2022-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 29-11-2022
No.98 /2022-Customs (N.T.)
Amendment of notification no. 47/2022–Customs (N.T.), dated the 31st May, 2022

Date: 29-11-2022
NOTIFICATION No. 99/2022-Customs (N.T.)
Amendment of notification number 48/2022-Customs (N.T.) dated the 31st May, 2022

Date: 25-11-2022
NOTIFICATION No. 61/2022-Customs
Seeks to amend certain specific FTA/PTA notifications.

Date: 23-11-2022
NOTIFICATIONNo. 23/2022 – Central Tax
Seeks to empower the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.

Date: 23-11-2022
NOTIFICATION No. 24/2022 – Central Tax
Seeks to make fourth amendment (2022) to CGST Rules with effect from 01.12.2022.



Exim Guru Copyright © 1999-2022 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001