India Hits Trade Surplus of $11.7B in Q1 2020-21

Jul 15: As per the reports released by the Ministry of Finance, India’s overall exports (Merchandise and Services combined) in April-June2020-21* are estimated to be USD 101.02 billion, exhibiting a negative growth of (-)25.92 per cent over the same period last year. Overall imports in April-June 2020-21* are estimated to be USD 89.31 billion, exhibiting a negative growth of (-)45.10per cent over the same period last year.

Exports:

Merchandise: $51.32B + Services: $49.7B = Overall : $101.02B

Imports:

Merchandise: $60.44B + Services: $28.88B = Overall : $89.31B

NET:

Merchandise: (-)$9.12B + Services: $20.82B = Surplus: $11.7B

For complete report refer to https://pib.gov.in/PressReleasePage.aspx?PRID=1638804