India’s June 2024 Exports Hit $65.47 Bn; June 2024 Imports Reach $73.47 Bn
India’s total exports (Merchandise and Services) combined for June 2024 are estimated at 65.47 Billion US Dollars, registering a positive growth of 5.4 percent compared to the same period last year.
As per the data released by the Ministry of Commerce and Industry today, Total Import, (Merchandise and Services) combined for June 2024 is estimated at 73.47 Billion US Dollars, registering a positive growth of 6.29 percent as compared to the corresponding period of last year.
Further, the total exports from April to June 2024 are estimated over 200 Billion US Dollars, or 8.6 percent positive growth. On the other hand, the total Import from April to June 2024 is estimated around 223 Billion US Dollars, or 8.47 percent growth, compared to the corresponding period.
Services Exports are also expected to grow by 12.16 percent between April-June 2024. The US is the top Export destination in June 2024, with export growth of 5.98 percent compared to June 2023. Whereas, UAE is the top Import destination, exhibiting growth of 48.15 percent, in terms of change in value.