Industry Updates

India’s Exports Record Consistent Growth

Indian Exports Record Consistent Growth from 2010 to 2023

India’s exports have shown a steady and consistent upward trend from 2010 to 2023, highlighting the strength and resilience of its trade sector.

According to an official citing the UNCTAD 2024 report, India achieved a 6.3% growth rate in its share of global exports—the highest among major economies. In contrast, the EU, China, and the US reported lower growth rates of 3.9%, 6.1%, and 3.9%, respectively.

Advanced economies like Japan and Russia saw marginal growth or stagnation. This export performance underscores the effectiveness of India’s trade policies, robust manufacturing and services sectors, and export promotion efforts.

India’s total exports rose from USD 274.8 billion in 2009–10 to USD 825 billion in 2024–25, reflecting deeper integration into global supply chains.

Source: Economic Times

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