Indian export to Bangladesh rises 64.5%

[salute]

Indian export to Bangladesh rises 64.5%​

India's merchandise exports to Bangladesh went up by 64.5 per cent in the financial year 2021-22 (April to March) over the previous fiscal 2020-21, Commerce Ministry data said today.

The increase in exports to Bangladesh helped India's overall merchandise exports reach $417.8 billion in the financial year 2021-22 and it is likely to exceed $418 billion to reach an all-time high in India's export history.

India's merchandise exports have also seen a significant increase to other countries, especially, developed countries, Indian Commerce Minister Piyush Goyal told reporters in New Delhi.

However, the minister did not mention the amount of Indian exports to Bangladesh.

( Last year India exported $9.5 billion worth of goods. This year it will be over $15 billion with about $13 billion in trade surplus. THANKS)

Exports of major commodities include petroleum products (152.1 per cent); cotton yarn, fabrics and handloom products (55.1 per cent), and gems and jewellery (49.6 per cent) among other products.

One of the impressive growths has been seen in the agriculture sector especially during the Covid-19 pandemic, Goyal said.

He also said that India would step up wheat supplies to countries hit by the Ukraine war.

"We will continue to export wheat in a big way to meet needs in countries, who are not getting supplies from conflict areas. We are likely to exceed our wheat exports by over 10 million tonnes in 2022-23," Goyal said.

 

[INS_Vikrant]

418 billion in exports this year's, well on its way hit trillion dollar target by 2030

 

[Arulmozhi Varman]

418 billion in exports this year's, well on its way hit trillion dollar target by 2030

Let's not jump too early in the gun. The record exports is due to high crude oil prices and India due to her refining capacity has exported Petroleum in record prices. The corresponding import figures are also damn higher. Even before the crude prices at 140$, last year it was 80-100$. More than the last few years.

Now we have improvements in all fields. But it would be interesting to know our exports when crude cools down to 50-60$

 

[salute]

Let's not jump too early in the gun. The record exports is due to high crude oil prices and India due to her refining capacity has exported Petroleum in record prices. The corresponding import figures are also damn higher. Even before the crude prices at 140$, last year it was 80-100$. More than the last few years.

Now we have improvements in all fields. But it would be interesting to know our exports when crude cools down to 50-60$

I don't know where you get your info.

The cumulative value of non-petroleum exports in April 2021-March 2022 was USD 352.76 billion, an increase of 32.62 per cent over USD 266.00 billion in April 2020-March 2021 and an increase of 29.66 per cent over USD 272.07 billion in April 2019-March 2020.

Of the total increase of $120 billion in exports this year, $90 billion increase came from non oil exports.

 

[Species]

Good job India.

Hope this results in hardworking Indians getting proper three meals a day, reduced poverty and lesser number of farmer suicides.

 

[Wood]

Long live India - Bangladesh friendship!

 

[salute]

Good job India.

Hope this results in hardworking Indians getting proper three meals a day, reduced poverty and lesser number of farmer suicides.

Haha.. Your a$$ is burning. LEARN to do more than stitching chaddis to have some balance in trade.

 

[mmr]

Long live India - Bangladesh friendship!

Lol yes long lived bd pumping billions to indian economy and keep increasing every year.

 

[Species]

Haha.. Your a$$ is burning. LEARN to do more than stitching chaddis.

I praised India there and you sound like an inferiority-complex-ridden dalit taking offense at everything.

There is no need to burn anything if some poor Indian getting paid. Bangladesh has already been feeding millions of your malnourished Indian kids who would have starved to death. You should first stop being ingrates before asking us to do more.

 

[GamoAccu]

Haha.. Your a$$ is burning. LEARN to do more than stitching chaddis to have some balance in trade.

Be nice and grateful to Bangladesh that many starving Indians got to eat.

 

[salute]

Be nice and grateful to Bangladesh that many starving Indians got to eat.

View attachment 830652

Haha..Bangladeshi slum makes just chaddis and buys everything else from India to survive and we to be happy that they feed us? That is peaks of Self gratification.

 

[GamoAccu]

Haha..Bangladeshi slum makes just chaddis and buys everything else from India to survive and we to be happy that they feed us? That is peaks of Self gratification.

India is famous for slums. The Bollywood movie "Slumdog Millionaire" was based on Indians. Yes everyone is buying cow cola from India.

 

[salute]

India is famous for slums. The Bollywood movie "Slumdog Millionaire" was based on Indians. Yes everyone is buying cow cola from India.

Haha. That's because they couldn't shoot in Pakistan or Bangladesh for obvious reasons. Atleast slumdog millionaire is aspirational. Regarding cow cola, go anywhere outside PDF and learn your worth. MAJE LE PDF pe.

 

[GamoAccu]

Haha. That's because they couldn't shoot in Pakistan or Bangladesh for obvious reasons. Atleast slumdog millionaire is aspirational. Regarding cow cola, go anywhere outside PDF and learn your worth. MAJE LE PDF pe.

To save money on location and paying extras the movie producer filmed in the India's famous slums.

Here is another aspirational for Indians.

 

[salute]

To save money on location and paying extras the movie producer filmed in the India's famous slums.

Here is another aspirational for Indians.

View attachment 830687

HAHA. BBS can say anything. Purchasing capacity is what matters. REVENUE potential is what matters. In all of those metrics, India beats Bangolamd hands down. INDIA's tax collection is 20 times Bangladesh. IT is going to be even more this year as our tax collection has grown by 50% this year.

JUST saying higher per capita is to fool themselves.