India Goods Exports FY 2021-22: Amidst the Corona period, India has exported goods worth a record $ 418 billion during the financial year 2021-22. The huge growth in exports of petroleum products, engineering goods, gems-jewellery, chemicals and medicines has been instrumental in achieving this export target.
Commerce and Industry Minister Piyush Goyal, while releasing the trade figures for the financial year 2021-22 on Sunday, said that due to the better performance of petroleum products, engineering goods, gems and jewelery and chemicals, this figure of exports reached a record level. has gone.
Goods exports at a historic high! We end financial year 2021-22 with a stupendous figure of $ 417.8 billion. I dedicate this feat to every stakeholder including our farm & factory workers who have kept their feet on the accelerator.#LocalGoesGlobal pic.twitter.com/cRVjWdde4a
— Piyush Goyal (@PiyushGoyal) April 3, 2022
According to the data, the country exported $ 40 billion in March 2022, which is the highest level of exports in a month. Earlier, in March 2021, the export figure was $ 34 billion. According to official data, India exported $292 billion in the financial year 2020-21.
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In the year 2021-22, the export figure has reached $ 418 billion with a big jump. On March 23, the country had crossed the export figure of $ 400 billion. Goyal told reporters that a major reason for India’s exports being better in the recently ended financial year was the good performance of petroleum products, engineering, gems and jewellery, chemical and pharma sectors.
India exported the most to the US, followed by the United Arab Emirates (UAE), China, Bangladesh and the Netherlands. Describing the export figure crossing $ 400 billion as a big achievement, Prime Minister Narendra Modi said that it is a milestone towards becoming a self-reliant India.