Latin America continues to be a large market for India’s exports. India’s exports to Latin America amounted to $12.74 billion in 2020-21 (April-March), according to the figures released by the Commerce Ministry of India.  India’s total global exports have declined by 7% from $313 billion to $291 billion in the same period. Brazil continued as the number 1 destination of India’s exports to the region, with shipments valued at $4.25 billion.

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