India's gross domestic product (GDP) at current prices in the second quarter (Q2) of 2023-24 is estimated to be Rs. 71.66 trillion (US$ 861.2 billion), as against Rs. 65.67 trillion (US$ 789.2 billion) in Q2 of 2022-23, showing a growth rate of 9.1%.
India’s overall exports during April-November 2023 were estimated at US$ 499.46 billion. India's overall exports in FY23 (April-March 2023) increased by 13.84% to US$ 770 billion.
India’s overall exports in November 2023 were estimated to be US$ 62.58 billion and the overall imports in November 2023 were estimated to be US$ 67.88 billion. India’s merchandise exports exhibited a positive (y-o-y) growth in 15 out of 30 sectors in November 2023 as compared to the same period last year and imports exhibited a negative growth in 15 out of 30 sectors (y-o-y) in the same period. Among the commodity groups, exports of iron ore (2207.38%), Fruits & Vegetables (31.14%), Meat, Dairy & Poultry Products (19.91%), Oil Meals (17.22%), Mica, Coal & Other Ores, Minerals Including Processed Minerals (16.62%), Gems & Jewellery (11.97%), Spices (11.3%), Coffee (11%), Drugs & Pharmaceuticals (7.33%), Cotton Yarn/ Fabs. /Made-Ups, Handloom Products Etc. (6.33%), Cereal Preparations & Miscellaneous Processed Items (5.9%), Carpet (4.22%), Ceramic Products & Glassware (2.17%), Handicrafts Excl. Hand Made Carpet (1.17%) and Electronic Goods (1.09%), registered growth (y-o-y) in November 2023.