Export trend analysis for Indian exports - Sept 2023
Monthly aggregate merchandise exports provide a snapshot of India's economic health and the global market. While it's tempting to draw conclusions from this data, I'd caution against it unless we're observing broad patterns. For impactful policy decisions, a deeper dive is essential, albeit with some delay due to data lag. Now, let's venture into this intriguing data analysis. Here's the latest monthly exports figures, in USD billion dollars, for merchandise exports from India: Month Trade Balance Total Exports YoY growth Exports minus POL YoY growth Apr-22 -18.4 39.7 29.1 31.8 17.4 May-22 -22.1 39.0 20.8 30.5 13.1 Jun-22 -22.1 42.3 30.1 31.7 11.0 Jul-22 -25.4 38.3 8.0 30.2 1.7 Aug-22 -24.9 37.0 10.9 28.5 -0.7 Sep-22 -28.0 35.4 4.7 28.1 -1.7 Oct-22 -26.3 31.6 -11.6 25.3 -16.7 Nov-22 -22.1 34.9 9.7 26.8 1.9 Dec-22 -23.2 38.1 -3.1 29.7 -8.6 Jan-23 -16.4 35.8 1.6 28.1 -8.4 Feb-23 -16.2 37.0 -0.4 29.2 -3.6 Mar-23 -18.1 41.9 -6.0 33.6 -3.4 Apr-23 -15.5 34.7 -12.7