Merchandise Exports - Sustaining Momentum Is Key: SBI Research

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SBI Research Report

India’s merchandise exports in August 2021 were $33.14 billion, an increase of 45.17% over $22.83 billion in August 2020 and an increase of 27.5% over $25.99 billion in August 2019.

In April-August 2021 the exports were $163.67 billion, an increase of 66.92% over $98.05 billion in April-August 2020 and an increase of 22.93% over $133.14 billion in April-August 2019.

India has set a target of $400 billion in merchandise exports for the current fiscal year ending in March 2022, compared to $291.2 billion in the previous fiscal year.

Thus, till August-21, 41% of the target has been achieved.

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