India Revises Merchandise Trade Indices Base Year to 2022-23

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India Updates Merchandise Trade Indices Base Year to 2022-23

Representational image (Image: News18)

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News18•20-02-2026, 19:45

India Updates Merchandise Trade Indices Base Year to 2022-23

•India's commerce ministry revised the base year for merchandise trade indices from 2012-13 to 2022-23.
•The change reflects structural shifts in the economy, commodity composition, and evolving trade patterns.
•The Directorate General of Commercial Intelligence and Statistics (DGCI&S) compiles and publishes these crucial indices.
•The updated indices ensure better alignment with current macroeconomic indicators and improved relevance for policymakers.
•The revision accounts for new commodities, technological advancements, and global supply chain restructuring over the past decade.

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