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Trade Deals

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Indicator Baseline Latest
India merchandise exports

India's merchandise exports crossed $400B for the first time in FY2021-22. Services exports (software, BPO, financial services) add another ~$340B, taking total exports above $770B. FDI-linked export growth and PLI schemes are targeting $1T in goods exports by 2030. Export growth slowed in FY2023-24 due to global demand weakness and Red Sea disruption costs.

314USD billion
2014-03-31
437USD billion×1.4

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