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The US remains the top destination for India's engineering goods exports in the financial year 2022-23 with total shipments value recording 6.8 per cent year-on-year growth to USD 18.67 billion.
The country’s imports in merchandise sector rose by over $ 100 billion in FY 2022-23.
India’s engineering goods exports to the US declined 7% in December, and shipments to China continued a downward trend
Pakistan’s total exports of goods and services remain stagnant at average around $30 billion annually for the last ten years. In spite of tall claims and high target settings each year, the government has not been successful in increasing exports...
India’s exports remained subdued in August falling vis-à-vis July and the same month last year.Lower exports of petroleum products and engineering goods were among the dampeners