Exports during February 2018 have exhibited positive growth of 4.48 per cent in dollar terms vis-à-vis the corresponding month last year. Exports have been on a positive trajectory since August 2016 to February 2018 except for a temporary setback in October 2017.
Exports during February 2018 were valued at US$ 25834.36million as compared to US$ 24726.71 million during February 2017. During the course of the month, major commodity groups of export showing positive growth included Petroleum Products (27.44%), Organic & Inorganic Chemicals (30.41%), Drugs & Pharmaceuticals (13.92%), Rice (21.29%) & Electronic Goods (29.71%).
Cumulative value of exports for the period April-February 2017-18 was US$273730.91 million (Rs1762897.63 crore) as against US $246550.17 million (Rs1656399.85 crore) registering a positive growth of 11.02per cent in Dollar terms and 6.43per cent in rupee terms over the same period last year.