INDIA’S MERCHANDISE TRADE: Preliminary Data of June 2022
India has achieved a monthly value of merchandise export in June 2022 amounting USD 37.94 billion, an increase of 16.78% over USD 32.49 billion in June 2021. India’s merchandise export in April -June 2022-23 was USD 116.77 billion with an increase of 22.22% over USD 95.54 billion in April -June 2021-22.
Value of non-petroleum exports in June 2022 was 30.12 USD billion, registering a positive growth of 5.53% over non-petroleum exports of USD 28.54 billion in June 2021. The cumulative value of non-petroleum exports in April -June 2022-23 was USD 92.49 billion, an increase of 11.92% over USD 82.65 billion in April -June 2021-22.
Value of non-petroleum and non-gems and jewellery exports in June 2022 was USD 26.75 billion, registering a positive growth of 4.0% over non-petroleum and non-gems and jewellery exports of USD 25.72 billion in June 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -June 2022–23 was USD 82.43 billion, an increase of 12.19% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 73.47 billion in April -June 2021–22.
Petroleum products (98.01%), Electronic goods (50.66%) and RMG of all Textiles (44.67%) led the way in high increase in exports during June 2022.
India’s merchandise import in June 2022 was USD 63.58 billion, an increase of 51.02% over USD 42.1 billion in June 2021. India’s merchandise imports in April -June 2022-23 was USD 187.02 billion with an increase of 47.31% over USD 126.96 billion in April -June 2021-22.
Value of non-petroleum imports was USD 42.84 billion in June 2022 with a positive growth of 36.36% over non-petroleum imports of USD 31.42 billion in June 2021. The cumulative value of non-petroleum imports in April -June 2022–23 was USD 126.95 billion, showing an increase of 32.18% compared to non-oil imports of USD 96.04 billion in April -June 2021–22.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 36.7 billion in June 2022 with a positive growth of 31.71% over non-oil and non-GJ imports of USD 27.87 billion in June 2021. Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -June 2022-23 was USD 107.14 billion, recording a positive growth of 32.55%, as compared to non-oil and non-GJ imports of USD 80.83 billion in April -June 2021-22.
The trade deficit in June 2022 was USD 25.63 billion, while it was 70.25 billion USD during April -June 2022-23.
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Statement 1: India’s Total Trade in Merchandise goods in June 2022 |
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|
|
Value in Billion USD |
% Growth |
|
|
JUNE’22 |
JUNE’21 |
JUNE’22 vs JUNE’21 |
|
|
Exports |
37.94 |
32.49 |
16.78 |
|
Imports |
63.58 |
42.10 |
51.02 |
|
Deficit |
25.63 |
9.61 |
– |
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Statement 2: India’s Total Trade in Merchandise goods in April-June 2022-23 |
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|
|
Value in Billion USD |
% Growth |
|
|
APR’22-JUNE’22 |
APR’21-JUNE’21 |
APR-JUNE 2022-23 vs APR-JUNE 2021-22 |
|
|
Exports |
116.77 |
95.54 |
22.22 |
|
Imports |
187.02 |
126.96 |
47.31 |
|
Deficit |
70.25 |
31.42 |
– |
|
Statement 3: Merchandise Non-POL Trade in June 2022 |
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|
|
Value in Billion USD |
% Growth |
|
|
JUNE’22 |
JUNE’21 |
JUNE’22 vs JUNE’21 |
|
|
Exports |
30.12 |
28.54 |
5.53 |
|
Imports |
42.84 |
31.42 |
36.36 |
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Statement 4: Merchandise Non-POL Trade in April-June 2022-23 |
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|
|
Value in Billion USD |
% Growth |
|
|
APR’22-JUNE’22 |
APR’21-JUNE’21 |
APR-JUNE 2022-23 vs APR-JUNE 2021-22 |
|
|
Exports |
92.49 |
82.65 |
11.92 |
|
Imports |
126.95 |
96.04 |
32.18 |
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Statement 5: Merchandise Non-POL Non-GJ Trade in June 2022 |
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|
|
Value in Billion USD |
% Growth |
|
|
JUNE’22 |
JUNE’21 |
JUNE’22 vs JUNE’21 |
|
|
Exports |
26.75 |
25.72 |
4.00 |
|
Imports |
36.70 |
27.87 |
31.71 |
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Statement 6: Merchandise Non-POL Non-GJ Trade in April-June 2022-23 |
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|
|
Value in Billion USD |
% Growth |
|
|
APR’22-JUNE’22 |
APR’21-JUNE’21 |
APR-JUNE 2022-23 vs APR-JUNE 2021-22 |
|
|
Exports |
82.43 |
73.47 |
12.19 |
|
Imports |
107.14 |
80.83 |
32.55 |
Top 10 major commodity groups covering 81% of total exports in June 2022, are –
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Statement 7: Exports of Top 10 Major Commodity Groups in June 2022 |
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|
|
Value of Export (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
June-22 |
June-21 |
June-22 |
June-22 over June-21 |
|
Engineering goods |
9149.59 |
9295.06 |
24.11 |
-1.57 |
|
Petroleum products |
7826.60 |
3952.68 |
20.63 |
98.01 |
|
Gems and Jewellery |
3372.57 |
2824.44 |
8.89 |
19.41 |
|
Organic and Inorganic chemicals |
2799.82 |
2666.32 |
7.38 |
5.01 |
|
Drugs and Pharmaceuticals |
1995.75 |
2021.42 |
5.26 |
-1.27 |
|
Electronic goods |
1571.58 |
1043.10 |
4.14 |
50.66 |
|
RMG of all Textiles |
1449.31 |
1001.81 |
3.82 |
44.67 |
|
Rice |
1034.64 |
742.70 |
2.73 |
39.31 |
|
925.24 |
1194.50 |
2.44 |
-22.54 |
|
Plastic and Linoleum |
752.01 |
979.52 |
1.98 |
-23.23 |
|
Total of 10 Major Commodity Groups |
30877.10 |
25721.55 |
81.37 |
20.04 |
|
Rest |
7067.37 |
6771.45 |
18.63 |
4.37 |
|
Total Exports |
37944.48 |
32493.00 |
100.00 |
16.78 |
Top 10 major commodity groups covering 80% of total imports in June 2022, are –
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Statement 8: Imports of Top 10 Major Commodity Groups in June 2022 |
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|
|
Value of Import (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
June-22 |
June-21 |
June-22 |
June-22 over June-21 |
|
Petroleum, Crude & products |
20734.03 |
10678.42 |
32.61 |
94.17 |
|
Coal, Coke & Briquettes, etc. |
6411.09 |
1875.60 |
10.08 |
241.81 |
|
Electronic goods |
5838.62 |
4601.61 |
9.18 |
26.88 |
|
Machinery, electrical & non-electrical |
3628.93 |
3181.17 |
5.71 |
14.08 |
|
Organic & Inorganic Chemicals |
3357.29 |
2454.65 |
5.28 |
36.77 |
|
Pearls, precious & Semi-precious stones |
2748.48 |
2571.76 |
4.32 |
6.87 |
|
Gold |
2611.02 |
969.02 |
4.11 |
169.45 |
|
Artificial resins, plastic materials, etc. |
2157.09 |
1470.42 |
3.39 |
46.70 |
|
Vegetable Oil |
1754.26 |
1435.43 |
2.76 |
22.21 |
|
Non-ferrous metals |
1532.75 |
1457.19 |
2.41 |
5.19 |
|
Total of 10 Major Commodity Groups |
50773.56 |
30695.27 |
79.86 |
65.41 |
|
Rest |
12803.04 |
11402.99 |
20.14 |
12.28 |
|
Total Imports |
63576.59 |
42098.26 |
100.00 |
51.02 |
Top 10 major commodity groups covering 81% of total exports in April 2021-June 2022, are –
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Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-June 2022 |
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|
|
Value of Export (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
Apr’22-June’22 |
Apr’21-June’21 |
Apr’21-June’22 |
Apr’21-June’22 over Apr’20-June’21 |
|
Engineering goods |
28543.85 |
25893.29 |
24.44 |
10.24 |
|
Petroleum products |
24274.78 |
12891.19 |
20.79 |
88.31 |
|
Gems and Jewellery |
10065.96 |
9171.76 |
8.62 |
9.75 |
|
Organic and Inorganic chemicals |
8040.39 |
6874.75 |
6.89 |
16.96 |
|
Drugs and Pharmaceuticals |
6131.39 |
5788.82 |
5.25 |
5.92 |
|
Electronic goods |
4643.86 |
2968.18 |
3.98 |
56.45 |
|
RMG of all Textiles |
4439.44 |
3406.49 |
3.80 |
30.32 |
|
3124.41 |
3365.75 |
2.68 |
-7.17 |
|
Rice |
2696.53 |
2412.21 |
2.31 |
11.79 |
|
Plastic and Linoleum |
2314.73 |
2571.20 |
1.98 |
-9.97 |
|
Total of 10 Major Commodity Groups |
94275.35 |
75343.65 |
80.74 |
25.13 |
|
Rest |
22492.49 |
20193.27 |
19.26 |
11.39 |
|
Total Exports |
116767.85 |
95536.92 |
100.00 |
22.22 |
Top 10 major commodity groups covering 80% of total imports in April 2021-June 2022, are –
|
Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-June 2022 |
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|
|
Value of Import (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
Apr’22-June’22 |
Apr’21-June’21 |
Apr’21-June’22 |
Apr’21-June’22 over Apr’20-June’21 |
|
Petroleum, Crude & products |
60073.94 |
30912.22 |
32.12 |
94.34 |
|
Electronic goods |
18239.58 |
13899.16 |
9.75 |
31.23 |
|
Coal, Coke & Briquettes, etc. |
16764.21 |
5872.42 |
8.96 |
185.47 |
|
Gold |
10360.93 |
7885.05 |
5.54 |
31.40 |
|
Machinery, electrical & non-electrical |
10349.91 |
9213.38 |
5.53 |
12.34 |
|
Organic & Inorganic Chemicals |
9980.74 |
7005.18 |
5.34 |
42.48 |
|
Pearls, precious & Semi-precious stones |
8111.15 |
7287.54 |
4.34 |
11.30 |
|
Artificial resins, plastic materials, etc. |
6254.73 |
4895.20 |
3.34 |
27.77 |
|
Vegetable Oil |
5188.22 |
4157.39 |
2.77 |
24.79 |
|
Non-ferrous metals |
5035.32 |
4036.95 |
2.69 |
24.73 |
|
Total of 10 Major Commodity Groups |
150358.73 |
95164.50 |
80.40 |
58.00 |
|
Rest |
36663.95 |
31792.60 |
19.60 |
15.32 |
|
Total Imports |
187022.67 |
126957.10 |
100.00 |
47.31 |
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