Feb 15: India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent over the same period last year and a positive growth of 38.90 per cent over January 2020. Overall imports in January 2022* are estimated to be USD 67.76 Billion, exhibiting a slower rate of growth of 30.54 per cent over the same period last year and a positive growth of 30.19 per cent over January 2020
Table 1: Trade during January 2022*
| January 2022(USD Billion) | January 2021(USD Billion) | January 2020(USD Billion) | Growth vis-à-vis January 2021 (%) | Growth vis-à-vis January 2020 (%) | ||
| Merchandise | Exports | 34.50 | 27.54 | 25.85 | 25.28 | 33.45 |
| Imports | 51.93 | 42.03 | 41.15 | 23.54 | 26.19 | |
| Trade Balance | -17.42 | -14.49 | -15.30 | -20.23 | -13.91 | |
| Services* | Exports | 26.91 | 17.37 | 18.36 | 54.95 | 46.57 |
| Imports | 15.83 | 9.88 | 10.90 | 60.32 | 45.33 | |
| Net of Services | 11.07 | 7.49 | 7.46 | 47.86 | 48.38 | |
| Overall Trade (Merchandise+Services)* | Exports | 61.41 | 44.90 | 44.21 | 36.76 | 38.90 |
| Imports | 67.76 | 51.91 | 52.05 | 30.54 | 30.19 | |
| Trade Balance | -6.35 | -7.00 | -7.83 | 9.30 | 18.92 |
