The performance of India’s export has been very impressive in the current financial year. The average growth in export for the first five months of 2011-12 has been around 40-45% and it registered an annual growth of 46.4% to $ 29.2 billion, exports had registered growth of 46.4% to $29.2 billion in June. However, the sector may not be able to sustain its high growth rate for the coming months due to uncertainty in global economic environment.
Finance Minister has been reported of saying that, 'On the external sector front, there has been a surge in demand for exports from emerging markets and developed countries of late; this may not be sustained on account of the Euro area and slowdown in global trade volumes and effects of commodity prices.'
Earlier Commerce Secretary Rahul Khullar had also raised similar concern on the growth of exports for the coming period, on the back of uncertainty in global economic conditions. Commerce Secretary had said the 40 to 45% growth rate may not continue after a few months.
For the first quarter of current financial year, country’s export grew by 45.7% to 79 billion. However, import for the first quarter stood at around 115 million dollar making trade deficit for the first quarter $ 36.1 billion.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: