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flag India updated its trade data base year to 2022–23 for more accurate economic analysis.

flag India has updated the base year for its merchandise trade indices from 2012–13 to 2022–23, improving accuracy and relevance amid economic and trade shifts. flag The change, implemented by the Directorate General of Commercial Intelligence and Statistics, reflects updated commodity classifications, revised weights based on recent trade values, and enhanced methodologies. flag The new data, used by policymakers, researchers, and institutions like the Reserve Bank of India, better capture current trade patterns, supply chains, and price movements, supporting more reliable economic analysis and policy decisions.

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