11th to 21st January 2024 - India's Export Data by Ministry of Commerce and Industry.

Question 1

What was the percentage growth of India’s merchandise exports in December 2023 compared to December 2022?

Answer 1

India’s merchandise exports grew by 0.96% in December 2023.

Question 2

List the top 5 sectors contributing to India’s export growth in December 2023.

Answer 2

Engineering Goods
Iron Ore
Gems & Jewellery
Electronic Goods
Drugs & Pharmaceuticals

Question 3

Which sector recorded its highest-ever monthly export value in December 2023? How much was the export value?

Answer 3

Engineering Goods achieved their highest monthly export in December 2023, with a value of USD 10.04 Billion.

Question 4

True or False: India’s services exports increased in December 2023 compared to December 2022.

Answer 4

False. India’s services exports decreased in December 2023 compared to the previous year.

Question 5

Did India’s overall trade deficit (April-December) improve or worsen in 2023 compared to 2022? By what percentage?

Answer 5

India’s overall trade deficit improved in 2023 compared to 2022. The improvement was 35.87%.

Question 6

In December 2023, did India’s overall exports (merchandise and services) exhibit positive or negative growth compared to December 2022?

Answer 6

India’s overall exports exhibited negative growth of -4.25% in December 2023.

Question 7

By what percentage did the export of Gems and Jewellery grow in December 2023 as compared to December 2022?

Answer 7

Gems and Jewellery exports grew by 14.07% in December 2023.

Question 8

Which sector also set a new monthly export record in December 2023, besides Engineering Goods? List the export value

Answer 8

These sectors also set new records:
Electronic Goods: USD 2.62 Billion
Drugs and Pharmaceuticals: USD 2.47 Billion

Question 9

Did India’s merchandise trade deficit improve or worsen in the period April- December 2023 compared to the same period in 2022?

Answer 9

India’s merchandise trade deficit improved in April-December 2023 compared to the same period in 2022.

Question 10

List three categories of agricultural exports that saw growth in December 2023.

Answer 10

Tobacco
Meat, Dairy & Poultry Products
Spices

Question 11

True or False: India’s overall imports (merchandise and services) declined in both December 2023 and the period of April-December 2023, compared to the same periods in 2022.

Answer 11

True