India’s RMG exports increased 13.99 per cent to $1.235 billion in August this year compared to $1.083 billion in August last year, according to preliminary data on India’s merchandise trade for the month. During the month, India’s exports of cotton yarn, fabrics, made-ups and handloom products increased 55.62 per cent to $1.297 billion compared to $833.95 million in the same month last year.

India’s merchandise imports rose 51.47 per cent to $47.01 billion in August 2021 over $31.03 billion in the same month last year. India’s merchandise imports in the April-August period this year increased by 81.75 per cent to $219.54 billion, over $120.79 billion in April-August 2020.

The trade deficit in August 2021 was $13.87 billion compared to the trade deficit of $8.2 billion in August 2020, while it is $55.9 billion during April-August 2021 compared to $22.7 billion during the same period of the previous year.

By Fashionating World
https://www.fashionatingworld.com/new1-2/india-s-rmg-exports-surge-13-09-per-cent-in-august-2021