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Press Information Bureau
Government of India
Ministry of Commerce & Industry
08 DEC 2021 6:28PM by PIB Delhi
Export Turnover

India’s merchandise export during last three years and current year are as follows:

 

Years

Value of Merchandise export

(US$ Billion)

2018-19

330.08

2019-20

313.36

2020-21

291.81

2020-21 (Apr-Nov)

174.46

2021-22 (Apr-Nov)*

263.42

          Sourc: DGCI&S. * Provisional

The accumulated amount of payments on export of goods and services outstanding with the various financial institutions as on 2nd December 2021 as provided by Reserve Bank of India (RBI) is as follows:

 

(Value in Rs Crore)

Outstanding export invoice amount for less than 9 months

Outstanding export invoice amount for more than 9 months 

Outstanding export invoice amount for more than 15 months 

                             14,91,747

                            13,54,134

                 9,90,342

         Source: RBI 

 

The total amount settled by Export Credit Guarantee Corporation (ECGC) on various default payments to banks under Export Credit Insurance Cover for Banks (ECIB) from 2016-17 to 2020-21 and April-September 2021-22 are as follows:

 

Years

Claim settled

(₹ in Crore)

2016-17

655.50

2017-18

1131.47

2018-19

813.39

2019-20

261.64

2020-21

761.87

2021-22 (Apr-Sept)

79.52

 

Government has approved proposal for capital infusion of Rs. 4,400 crore to ECGC Ltd. for the period 2021-22 to 2025-26 to support additional exports of Rs. 5.28 lakh crore over a five year period.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Lok Sabha today.

***

DJN/PK