India’s exports grew by 2.2 percent in February. Exports have been declining for the past six months and have increased slightly over the past month. Total exports last month were $ 2. 6 billion. Exports of petroleum products, engineering products and electronics have increased. Jewelry exports fell 20 percent.
Similarly, imports also increased in February. Imports rose 2.5 percent to $ 5.7 billion.
Exports declined from April to February this fiscal. Total exports during the period declined 1.05 percent to $ 292.91 billion. Similarly, imports have dropped by 9 months. Imports fell 30 percent to $ 436.30 billion.