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Exports drop over PM Modi period, trade deficit highest since 2012-13

India's exports to Africa between 2014 and 2018 dipped by 4.22% and imports increased 1%; during 10 years of UPA rule, exports to Africa increased 22% and imports 59%

Exports drop over PM Modi period, trade deficit highest since 2012-13
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India had signed one of its earliest trade treaties with Maldives, back in 1981

Manpreet Singh Mumbai
Exports of merchandise-from industrial to agricultural goods-to African countries, Latin America and Japan dropped over the four years of Prime Minister Narendra Modi's government and grew at single digits to other regions, according to an IndiaSpend analysis of government data.
 
 In contrast, over 10 years of the two United Progressive Alliance (UPA-1 and UPA-2) administrations, India's merchandise exports-services exports are excluded from this analysis because they are limited to certain geographies because of trade agreements-grew between 11% to 33%, the data show.

 

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