The destination of India’s exports during the first half of the current fiscal remained broadly the same as the previous year, according to statistics put out by the Reserve Bank of India.
India exported goods worth $300 billion in fiscal 2013. In the first six months of the current fiscal, exports have nearly touched $152 billion.
About a third of the exports go to OECD countries that includes countries of the European Union, North America (US/ Canada), Australia and Japan.
In the first six months, exports to these countries amounted to $53 billion. During the last fiscal (full year), goods worth $103 billion were exported to these countries.
About a fifth of the exports go to OPEC countries (Indonesia/ Iran/ Iraq/Kuwait/ UAE/ Saudi Arabia) to which $30 billion of products/commodities were sent.
43 per cent of the exports were sent to other developing countries (countries in the SAARC region, other parts of Asia, Africa) in the first six months ending September 2013. Goods worth $60 billion were exported to these countries.
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