{"id":151892,"date":"2023-07-17T12:53:10","date_gmt":"2023-07-17T07:23:10","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=151892"},"modified":"2023-07-17T12:53:12","modified_gmt":"2023-07-17T07:23:12","slug":"due-to-the-slowdown-in-the-global-economy-indias-total-exports-fell-by-13-to-60-09-billion","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/due-to-the-slowdown-in-the-global-economy-indias-total-exports-fell-by-13-to-60-09-billion\/","title":{"rendered":"Due to the slowdown in the global economy, India&#8217;s total exports fell by 13% to $60.09 billion."},"content":{"rendered":"\n<p><strong>Due to the slowdown in the global economy, India&#8217;s total exports fell by 13% to $60.09 billion:<\/strong> India&#8217;s total exports, including both goods and services, are estimated to be USD 60.09 billion in June 2023, showing a decline of about 13% from June 2022.<\/p>\n\n\n\n<p>Exports in June 2022 were USD 69.20 billion. Total imports are estimated to be US$ 68.98 billion in June 2023, a decline of about 14% from the 2022 figure of US$ 80.12 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/daily-current-affairs-and-quiz\/\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs Quiz: July 2023<\/a><\/p>\n\n\n\n<p>However, the trade balance, i.e., the difference between exports and imports, narrowed to US$ 8.89 billion from US$ 10.92 billion in June. In April-June 2023 quarter, India&#8217;s overall exports (merchandise and services combined) are estimated to exhibit a 7.29% decline over April-June 2022 at USD 182.70 billion.<\/p>\n\n\n\n<p>Total imports are estimated to decline by 10.18% to USD 205.29 billion in April-June 2023 as compared to April-June 2022. In April-June 2023-24, the trade deficit also narrowed to USD 22.59 billion from USD 31.49 billion. The commerce ministry said the global economy will slow down substantially to 2.1% in 2023 after growing at 3.1% in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to the slowdown in the global economy, India&#8217;s total exports fell by 13% to $60.09 billion: India&#8217;s total exports, including both goods and services, are estimated to be USD 60.09 billion in June 2023, showing a decline of about 13% from June 2022. Exports in June 2022 were USD 69.20 billion. Total imports are [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":151893,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5133],"tags":[82],"class_list":["post-151892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-july-2023","tag-economy-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=151892"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151892\/revisions"}],"predecessor-version":[{"id":151894,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/151892\/revisions\/151894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/151893"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=151892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=151892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=151892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}