Expressing optimism, the Commerce Secretary Anup Wadhawan has said that India’s export performance continues to be impressive, with provisional data of merchandise exports in May 2021 showing a significant growth of 67.39 per cent over May 2020 level and 7.93 per cent over May 2019 level.
Wadhawan further said that merchandise export, excluding PoL and Gems & Jewellery, increased by 45.96 per cent in May 2021 over the same period of 2020-21 and by 11.51 per cent over the same period of 2019-20.
On the import front, the Commerce Secretary noted that merchandise imports registered a positive growth of 68.54 per cent during May 2021 vis-a-vis the same period last year. As compared to May 2019, imports have declined by (-) 17.47 per cent during May 2021.