Trade Overview of India in 2023 In 2022, merchandise exports from India amounted to US$453.5, showing a significant increase from the pre-pandemic level of US$324.3 billion in 2019. Meanwhile, merchandise imports stood at US$732.4 bilion, leading to a trade deficit of US$278 billion, a widening gap when comparing to pre-pandemic level of US$ 162 billion. … Continue reading Import & Export in India (2023): Trade Policies & Regulation