NEW DELHI, Nov. 15 (Xinhua) -- India's overall exports, including merchandise and services, are estimated to be 56.51 billion U.S. dollars in October 2021, up 35.16 percent over the same period last year, said an official statement issued on Monday.
The data released by the Ministry of Commerce and Industry also showed that exports registered a growth of 29.13 percent over October 2019.
Overall imports in October are estimated to be 68.09 billion U.S. dollars, up 57.32 percent over the same period last year, and a growth of 40.82 percent over October 2019.
India's overall exports, including merchandise and services, are estimated to be 369.39 billion U.S. dollars in April-October 2021, exhibiting a growth of 39.83 percent over the same period last year, and up 19.97 percent over April-October 2019, added the statement.
Overall imports in April-October 2021 are estimated to be 409.30 billion U.S. dollars, up 63.64 percent over the same period last year and a growth of 13.57 percent over April-October 2019.
Commenting on the trade data, president of the Federation of Indian Export Organizations (FIEO) A. Sakthivel said the monthly exports performance signifies the importance of opening up and further recovery of economies across the globe coupled with buoyant order booking position across sectors.
"This has not only added positive sentiment for exports but has also further enthused the exporters to perform with much more vigour and zeal thereby achieving the 400 billion U.S. dollars merchandise exports target in the current fiscal," said the FIEO chief. Enditem
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