Data released by the Federal Statistical Office on Thursday shows that Germany's gross domestic product (GDP) declined by 0.3 percent from January to March.
The ban on exports assumes significance as it appeared that the overall sown area under paddy this Kharif season could be lower than that of last year.
The country's defence exports are chiefly to the US, the Philippines and other countries in the South-East Asia, the Middle-East and Africa.
The levy on crude, which follows record earnings by state-owned Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) and private sector Cairn Oil & Gas of Vedanta Ltd, alone will fetch the government Rs 67,425 crore annually on 29 million tonnes of crude oil produced domestically.
Outbound shipments touched an all-time high of USD 40 billion in a month in March 2022, Commerce and Industry Minister Piyush Goyal told reporters.
Imports during the month too jumped 36 percent to USD 55.45 billion, with inbound shipments of petroleum and crude oil surging 69 percent to USD 15. 28 billion.
Gherkins are exported under two categories -- cucumbers and gherkins, which are prepared and preserved by vinegar or acetic acid and cucumbers and gherkins, which are provisionally preserved.
China's exports surged in June while import growth slowed to a still-robust level as its economic rebound from the coronavirus levelled off.
This is 85 pc higher than exports of Q1 of 2020-21 and 18 pc higher than the exports of Q1 of 2019-20.
China has reported its exports and imports surged in May on growing demand as the pandemic was waning in the US and other key markets, though the pace of growth is leveling off.
Contracting for the third straight month, India's exports declined 36.47 per cent in May to USD 19.05 billion, mainly on account of drop in shipments by key sectors such as petroleum, textiles, engineering, gems and jewellery.
Surat diamond industry is staring at a loss of Rs 8,000 crore in the next two months is exports to Hong Kong are hampered amid Coronavirus outbreak.
India exported about 37 lakh tonne of sugar in the 2018-19 marketing year ended September to clear the surplus stock, the government told the Rajya Sabha on Friday.
The country's exports dipped by 1.11 per cent to USD 26.38 billion in October on account of contraction in sectors like petroleum and leather.In September also, exports had contracted by 6.57 per cent to USD 26 billion.
India's exports contracted by 6.57 per cent to USD 26 billion in September mainly due to significant dip in shipments from key sectors such as petroleum, engineering, leather, chemicals, and gems & jewellery.
As part of the steps taken to boost exports, India will organise annual mega shopping festivals, similar to the ones held in Dubai, to facilitate exchange between global producers and consumers, Finance Minister Nirmala Sitharaman said on Saturday.
India's exports dropped by 6.05 per cent to USD 26.13 billion in August compared to the year-ago month, official data released on Friday showed.
"Cooperative Sector Exports Promotion Forum (CSEPF) has been set up in National Cooperative Development Corporation (NCDC) which will work with 20 states and union territories in the area of export," Goyal said at a press conference here.
The company, which makes two-wheelers and three-wheelers, had sold 3,13,614 units in the same month last year, TVS Motor Co said in a statement.
As per the data furnished by the Ministry of Commerce and Industry, electronic goods, organic and inorganic chemicals, drugs and pharmaceuticals and engineering goods showed high export growth during the month under review.
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