Exports from India plunged 36.47 percent from a year earlier to USD 19.05 billion in May 2020, mainly due to lower sales of gems & jewelry (-68.83 percent), petroleum products (-68.46 percent), engineering goods (-24.25 percent), electronic goods (-45.35 percent), and organic & inorganic chemicals (-12.71 percent). Considering the first two months of the 2020-21 fiscal year, exports plummeted 47.54 percent to USD 29.41 billion.
Exports in India averaged 5869.11 USD Million from 1957 until 2020, reaching an all time high of 32720 USD Million in March of 2019 and a record low of 59.01 USD Million in June of 1958. This page provides the latest reported value for - India Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Exports - values, historical data and charts - was last updated on July of 2020. source: Ministry of Commerce and Industry, India
Exports in India is expected to be 19800.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in India to stand at 31400.00 in 12 months time. In the long-term, the India Exports is projected to trend around 31900.00 USD Million in 2021 and 33900.00 USD Million in 2022, according to our econometric models.