Annual Merchandise Exports of USD 417.81 Billion

Current Context: India has achieved an all-time high annual merchandise export in FY 22 of $ 417.81 billion.

• This is 43% more than the merchandise export in FY 21.
• It is 33.33% more than the merchandise export of FY 20.

India’s total trade in Merchandise in Billion USD
	FY 22	FY 21	FY20
Exports	417.81	291.81	313.36
Imports	610.22	394.44	474.71
Deficit	192.41	102.63	161.35

Question:

Q.1 What has been the annual merchandise exports of India in FY 22?
a. 417.81 billion dollar
b. 427.81 billion dollar
c. 437.81 billion dollar
d. 447.81 billion dollar