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Export destinations of India for the first half of FY'14 same as FY'13: RBI

Export destinations of India for the first half of FY'14 same as FY'13: RBI
According to the Reserve Bank of India (RBI) statistics, India's export destinations for the first half of the financial year 2013-14 remained almost the same as the destinations reported in FY 2013. In the first half of the current fiscal year, goods worth approximately $152 billion have been exported out of the country.

In the first half of the current fiscal, nearly 33% of the total exports valued at $53 billion reached OECD member nations, including Australia, Japan, North America (Canada/US), and European Union (EU) nations. Further, approximately 20% of the products or commodities worth $30 billion reached Organization of Petroleum-Exporting (OPEC) nations that include Iran, Iraq, Indonesia, Kuwait, Saudi Arabia and UAE.

Remaining 43% of India's exports for the first half of the fiscal year ending September 2013 valued at $60 billion reached other emerging nations including countries in Asia, Africa and the SAARC region.

Read more about: rbi export oecd opec saarc nations
Story first published: Thursday, January 2, 2014, 13:35 [IST]
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