Business
export (representative image) (GettyImages)
The share of exports of goods and services in the Gross Domestic Product (GDP) has increased from 18.7 per cent in 2020-21 to 21.4 per cent in 2021-22, the government informed the Parliament on Friday (29 May).
In 2020-21, India's export of goods and services was at Rs 37,04,533 crore, while the GDP figures stood at Rs 1,98,00,914 crore.
Meanwhile, the overall share of goods exports in GDP increased to 13.3 per cent in 2021-22 from 10.9 per cent in 2020-21.
Engineering goods constituted 3.53 per cent of the share of the goods exports in the annual GDP in 2021-22, followed by petroleum products (2.13 per cent), gems and jewellery (1.23 per cent), organic and inorganic chemicals (0.93 per cent) and drugs and pharmaceuticals (0.78 per cent).