An export value of a country is affected by various external & internal factors, but we have given this analytics, only based on the declared values in INR/USD and USD fluctuations.
Chart – I & II represents export values in INR & USD respectively.
Chart – III & IV represents growth in exports compared to previous year in INR & USD respectively.
Chart – V represents the historical USD exchange rate against INR, which is purely calculated from declared export value in INR & USD.
1998, 2001, 2009, 2012 INR graph shows a positive growth but less & USD graph shows a negative growth.
2003, 2007, 2017 INR graph shows a positive growth but less & USD graph shows a positive growth.
2006, 2008, 2018 INR graph shows a positive growth & USD graph shows a positive growth but less.
The above differences between INR & USD graph is basically driven by fluctuations in USD exchange. So it is best to interpolate the charts in USD.
We have crossed 300K $million in 2011 and we are still fluctuating around it.