Official data showed that oil products were the major exports with a year-on-year growth of 151 percent, the Financial Express daily reported.
There was also a huge increase in exports of cotton threads, fabrics, apparel, gems and jewels, engineering products, electrical appliances, and organic and inorganic chemicals.
Minister of Commerce and Industry Piyush Goyal, when providing preliminary trade data, said on Sunday that exports in the entire year broke the previous record of 330 billion dollars.
A rise in the demand of goods following an industrial revival in advanced economies and the high increase in world prices of raw materials boosted Indian exports after a fall due to the Covid-19 pandemic in 2021.
The exports of goods exceeded 30 billions in the past 12 months.