Engineering exports to US, China, UAE post sharp growth in October

engineering exports to us china uae post sharp growth in october

Sumary of Engineering exports to US, China, UAE post sharp growth in October:

  • Exports of engineering goods to the US increased 68.4 per cent in October 2021 (year-on-year) to $1.45 billion while shipments to China surged 165 per cent to $ 635.6 million.
  • “At $ 60.98 billion cumulative exports in April-October 2021-22 period, the engineering goods sector has achieved 57 per cent of the full year target,” according to a statement issued by EEPC India on Thursday.
  • All the 33 engineering goods categories including aircraft parts and ship boats &
  • “In the last decade, engineering export’s share in India’s total merchandise exports has increased significantly from around 17% to 26%.

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