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by Strategically located near highly populated trading partners including China Pakistan and Bangladesh the Republic of India shipped US$ billion worth of goods around the globe in 2022 That dollar amount reflects a % increase since 2022 but a % decline from 2022 to 2022 Based on the average exchange rate for 2022 on a Purchasing Power …
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India s weaker local currency makes India s imports paid for in stronger US dollars in 2022 relatively more expensive when converted starting from Indian rupees From a continental perspective 62% of India s total imports by value in 2022 were purchased from fellow Asian countries European trade partners supplied % of import
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