What is the import export data of India yearly?
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- Published date: January 30, 2024
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- Delhi, Central Delhi, Delhi, India [ Ad Id - 225988 | Ad Views - 39 ]
India a rapidly developing nation and is very well known as one of the world's largest economies.
In a country like India the import export data plays a very important role in shaping the country's economy and global trade.
If you are someone who is looking for import export data of India yearly?Then this blog is for you .
In this blog, we will look atyearly import export data of India, discussing the key sectors, commodities, and trends that have contributed to its growth.
Key Sectors:
1. Textiles
India is one of the largest exporters of textiles and apparel globally.
The country's import-export data in this sector has been on an upward trajectory, with a significant increase in exports in recent years.
In 2023 India's textile exports were valued at $46.4 billion while imports were at $28.4 billion.
The main export destinations are United States the United Arab Emirates and the European Union.
2. Electronics and Electrical Equipment:
India's electronics and electrical equipment sector has been a driving force behind the country's import export data.
In 2023 India's exports of electronic products were valued at $70.5 billion Whereas the imports 48.2 billion.
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