Unexpected markets powered India’s exports surge in April, shows data

Led by strong growth in exports to Sri Lanka (214.7 per ce­nt), Singapore (179.2 per cent), Tanzania (157.6 per cent), and Ho­ng Kong (90.6 per cent), India’s goods exports rose 13.8 per cent to $43.56 billion in the first month of FY27. Strong exports growth was also recorded to Bangladesh (64.2 per cent), Austr­alia (55 per cent), Malaysia (59.7 per cent) and China (27 per cent). Exports to other West Asian economies such as Qatar 

Also Read

Biosimilars could surpass generics in US mkt by early 2030s: Dr Reddy’s CEO

Overseas dream gets tougher as AI, immigration curbs hit entry-level jobs

Prudential to acquire 75% stake in Bharti Life Insurance for ₹3,500 crore

Plugin developed by ProSEOBlogger. Get free gpl themes.

(-76 per cent), Kuwait (-74.1 per cent), Iraq (-68.7), Iran (-63.8 per cent) and Saudi Arab (-2.9 per cent) declined sharply.

Singapore overtook the UAE to become Ind­ia’s second-largest export destination in April, with its share in India’s export basket rising to 7 per cent from 3 per cent a year ago. China and Bangladesh also overtook the Netherlands to become the third- and fourth-largest export destinations, respectively.