India’s overall exports (Merchandise and Services combined) in June 2023 is estimated to be USD 60.09 Billion, exhibiting a negative growth of (-) 13.16 per cent over June 2022. Overall imports in June 2023 is estimated to be USD 68.98 Billion, exhibiting a negative growth of (-) 13.91 per cent over June 2022.

Trade deficit improved by 28.26% during April to June 2023 to US$ 22.59 Billion from US$ 31.49 Billion in April to June 2022

Merchandise Trade Deficit also improves by 7.9% at USD 57.6 Billion April-June 2023 as compared to USD 62.6 Billion in April-June 2022

Electronic Goods export witnessed impressive growth of 45.4 % and 47.1% in June 2023 and April-June 2023 respectively over corresponding period last year

Iron Ore exports show significant increase of 1664.3% in June 2023 as compared to June 2022, and 35 % during April-June 2023 over April-June 2022

Agricultural exports register robust growth; Spices by 18.2% while exports of Fruits and Vegetables by 14.1% Oil Seeds by 25.1%, Oil Meals by 33.2% in April-June 2023 over April-June 2022

Drugs and pharma export registered 5.13% and 5.10% growth in both June 2023 and April to June 2023 respectively as compared to same period last year

Handicrafts excluding Hand Made Carpet export registered growth of 5.14% in June 2023 as compared to June 2022