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India's Exports to Australia Surge by 64.4% in November, Driven by Strong Sectors

share-iconMonday, December 30 comment-icon3 weeks ago 9 views
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indiatimesINDIATIMES
India's Exports to Australia Surge by 64.4% in November, Driven by Strong Sectors

Credited from: INDIATIMES

  • India's exports to Australia increased by 64.4% year-on-year in November, reaching USD 643.7 million.
  • Growth was particularly notable in textiles, chemicals, and agricultural products.
  • Despite this, India's overall merchandise exports fell by 5.21% to USD 5.56 billion during April-November 2024-25.
  • The economic cooperation and trade agreement (ECTA) between the two countries has significantly enhanced trade ties since its implementation.
  • With ongoing negotiations for a Comprehensive Economic Cooperation Agreement (CECA), there are aspirations to achieve a trade target of USD 100 billion by 2030.

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