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India’s exports and imports further weakened in April, 2023, in continuation of the declining trend that has been observed since June, 2022.
A once-a-month release, such as those India issued before 2020, would give analysts a wider and clearer picture of how Indian imports and exports fared, according to Bloomberg’s sources.
While exports were earlier reckoned to have grown 6% in 2022-23 to hit $447.46 billion, that number has now been pared to $444.4 billion, reflecting a 5.3% rise from 2021-22.