● The sixth largest state of the nation had a Gross State Domestic Product of (US$ 206.64 billion) in 2020-21 which grew at a compound rate of 12.62% from 2015-16.

        In FY21, the total exports from the state stood at US$ 8.97 billion

        ● According to World Bank, the Export of goods and services in 2017 accounts for about 41% of India’s total GDP. From FY 2010-11 to FY 2017-18, there has been a significant increase (38%) in the merchandise exports from the State with CAGR 4.71%.

        ● During the same period, the State’s share in Indian merchandise exports has also increased (13%). In FY 2017-18, the total merchandise export value of the state of West Bengal was US$ 9290.32 Million.
           The top 10 export potential sectors of the state are as follows:

Sr. No Export Potential Product Category % Share of Indian Exports
1 Iron & Steel 10.07
2 Gold & Other Precious Metal, Jewellery 6.10
3 Petroleum Products 1.90
4 Leather Goods 51.32
5 Marine Products 8.22
6 Products of Iron & Steel 8.89
7 Rice 15.05 15.05
8 Plastic raw material 11.76
9 Tea 26.32
10 Organic Chemicals 2.9