Ecowrap - Are India’s Merchandise Exports Entering A Period Of Sustained Goldilocks? SBI Research
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
SBI Research Report
India’s merchandise exports in April-July 2021-22 were $130.53 billion, an increase of 73.51% over $75.22 billion in April-July 2020-21 and an increase of 21.82% over $107.15 billion in April-July 2019-20.
For this fiscal the growth is broad-based and has been led by engineering goods, petroleum products, gems and jewellery, textiles and garments and organic and inorganic chemicals.
Over the years, the biggest contribution has been of the petroleum products.
In FY97 their % share in overall exports was around 1.5% and this increased to around 21% in FY13 and FY14.
However, their share declined to 9% in FY21 as crude oil prices collapsed before recovering to 14% in current fiscal with the domino impact of jump in crude prices.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.