The Indian Glass & Glassware Industry export was recorded in Aug'22 for ?8.03 bn |Trade Deficit of ?4.74 bn

The Indian Glass & Glassware?Industry exports in Aug'22 were ?8.03 bn which contributes to .33% of total merchandise Export in Aug'22. Here we see a trade deficit of ?4.74 bn, as imports were recorded at ?12.77 bn.

In Aug'22 overall, the Indian Glass & Glassware Industry exports increased by 16.37% year-on-year and increased by 3.47% month-on-month as per the study by?BE Smart Exim.

In Aug'22, Maharashtra exported 31.89% of the overall Glass & Glassware?Industry followed by Gujarat with 24.78% and U.P with 11.85%.

The top 5 Exporting Countries are US(export value ?2.28 bn), UAE(export value ?0.54 bn), Nepal(export value ?0.44 bn), Belgium(export value ?0.33 bn), U.K(export value ?0.26 bn).

The Indian Glass & Glassware Industry Imports in Aug'22 was .25% of total merchandise Imports in the month of Aug'22 in terms of value.

In Aug'22 overall, the Indian Glass & Glassware Industry imports jumped by 83.47% year-on-year and increased by 5.88% month-on-month.

In Aug'22, Maharashtra imported 37.40% of the overall Glass & Glassware Industry followed by Tamil Nadu with 20.35% & Gujarat with 13.90%.

The top 5 Importing Countries are China(import value ?5.92 bn), Malaysia(import value ?2.61 bn), Thailand(import value ?0.55 bn), Japan(import value ?0.50 bn), and US(import value ?0.47 bn).

All India merchandise exports in Aug'22 were ?2391.33 bn increase of 9.29% and 51.45% compared to Aug'21 (export value ?2187.88 bn) and Aug'20 (export value ?1578.90 bn) respectively.

All India merchandise imports in Aug'22 were ?4948.51 increase of 42.73% and 130.63% compared to Aug'21 (import value ?3467 bn) and Aug'20 (import value ?2145.62 bn) respectively.