Page 18 - Policy Economic Report - November 2024

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Figure 8: Total Trade during April- October 2024

Source- RBI

• India’s total exports during April- October 2024 is estimated at USD 468.27 Billion registering a
growth of 7.28 percent.

• Total imports during April- October 2024 is estimated at USD 531.51 Billion registering a growth
of 7.05 percent.

• Exports of Rice (85.79%), Electronic Goods (45.69%), Engineering Goods (39.37%), Jute Mfg.
Including Floor Covering (37%), Tobacco (34.3%), Handicrafts Excl. Hand Made Carpet (32.66%),
Coffee (32.38%), Spices (30.91%), Organic & Inorganic Chemicals (27.35%), Mica, Coal & Other
Ores, Minerals Including Processed Minerals (25%), Plastic & Linoleum (23.3%), Carpet (16.78%),
Fruits & Vegetables (15.91%), Cereal Preparations & Miscellaneous Processed Items (13.35%),
Man-Made Yarn/Fabs./Made-Ups Etc. (12.89%), Leather & Leather Products (12.33%), Tea (9.3%),
Gems & Jewellery (8.77%), Drugs & Pharmaceuticals (8.21%), Meat, Dairy & Poultry Products
(7.71%), Cashew (7.22%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (6.97%), Marine
Products (3.88%) and Oil Seeds (2.65%) record positive growth during October 2024 over the
corresponding month of last year.

• Imports of Silver (-74.76%), Pearls, Precious & Semi-Precious Stones (-29.46%), Coal, Coke &
Briquettes, Etc. (-28.34%), Leather & Leather Products (-19.41%), Newsprint (-16.85%), Transport
Equipment (-11.82%), Project Goods (-6.16%), Fertilisers, Crude & Manufactured (-3.99%), Gold (-
1.43%), Organic & Inorganic Chemicals (-1.39%) record negative growth during October 2024 over
the corresponding month of last year.

• Services exports is estimated to grow by 12.51 percent during April-October 2024 over April-
October 2023.

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