Non-industrial diamonds top export revenues in FY16
The Dollar Business Bureau The exports of non-industrial diamonds have fetched a revenue of more than $16.5 billion till January this financial year. Non-industrial diamonds have become the leading exported commodity in FY 2015-16 while petroleum and crude oil is the top most imported commodity with imports worth $57.67 billion during this period. Union Ministry of Commerce and Industry has revealed this information on Tuesday during the launch of a dashboard on EXIM Analytics. This portal has been developed by the Directorate General of Commercial Intelligence and Statistics (DGCIS). According to a ministry official, initially the portal would have trade data for five years. The portal shows the declining trend of cumulative merchandise exports from the country. Indian merchandise exports touched a five-year ...
