All about exports updates
India’s exports grew after a gap of six months in September driven by growth in outbound shipment of cereals, carpets, rice, oil meals, and iron ore. Exports rose 5.27% on year to $27.4 billion in September while imports declined 19.6%, leaving a trade deficit of $2.91 billion, preliminary data released by the commerce and industry […]
Export of vegetables has risen to about 20% more than the pre-COVID levels, helped by demand from West Asia and Europe and lower air freight, exporters and officials said. Indian exporters also earned goodwill as they had ensured steady supply even when freight rates were high unlike countries like Egypt, China, Kenya, and the Dominican […]
Uncertainty looms over the export of basmati rice and tea to Iran as the Central Bank of Iran has slowed down the allocation of a currency against which Iranian traders were buying these commodities from India. Indian basmati rice exporters said they are not entering into a new contract with Iranian importers so as to […]
