- India achieved a $400 billion goods export target in FY 2021-22. - Key sectors contributing to this growth include Engineering Goods, Petroleum Products, Gems and Jewellery, Textiles, Chemicals, etc. - Engineering Goods, Petroleum Products, and Gems and Jewellery were the top three contributors by percentage to the growth in FY22.
Top three commodities by percentage contribution in India's export growth of $400bn are:- 1. Engineering goods 2. Petroleum products 3. Gems and Jewellery 4. Rice
Asked in HAS Prelims 2021 · Topic: Trade Balance and Trade Deficit/Surplus (Historical Trends and Composition of India's Trade Balance (Goods and Services))
More External Sector of Economy questions
- Who is the largest buyer of the Indian cotton fabrics in the World today?
- What was the approximate difference between the average imports and average exports over the given years (2013 to 2016) ?
- What was the approximate percentage increase in the imports from 2015 to 2016 ?
- Which of the following statements about Bay of Bengal Initiative for Multi-Technical and Economic Cooperation (BIMSTEC) are correct?
- Which of the following is not the change in India's Direction of foreign trade ?
- In the post independence period to which group of countries have India's exports risen?
- Which one among the following countries is the largest trading partner of India in external trade for the year 2015-2016 ?
- Which one of the following continents accounts for the maximum share in exports from India?
