2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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300 billion dollars
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100 billion dollars
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200 billion dollars
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400 billion dollars
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Detailed explanation-1: -piyush goyal: India’s merchandise export set to cross $400 billion in current fiscal: Piyush Goyal - The Economic Times.
Detailed explanation-2: -India’s overall export (Merchandise and Services combined) of USD 61.82 Billion in December 2022. The exports exhibited a negative growth of (-) 5.26 per cent over the same period last year.
Detailed explanation-3: -Exports in India is expected to be 35.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Exports is projected to trend around 38.00 USD Billion in 2024 and 41.00 USD Billion in 2025, according to our econometric models.
Detailed explanation-4: -Destinations In November 2022, India exported mostly to United States ($5.93B), United Arab Emirates ($2.58B), Netherlands ($1.8B), Israel ($1.5B), and Brazil ($1.12B), and imported mostly from China ($7.65B), United Arab Emirates ($5.01B), Russia ($4.64B), United States ($4.35B), and Saudi Arabia ($3.4B).
Detailed explanation-5: -The total value of exports (FoB) was 317,545 million. The total value of imports (CIF) was 459,369 million. At the HS6 digit level, 4,434 products were exported to 221 countries and 4,331 products were imported from 222 countries.