India’s merchandise imports in October 2021 was USD 55.37 billion, an increase of 62.49% over USD 34.07 billion in October 2020 and an increase of 45.76% over USD 37.99 billion in October 2019.
India’s merchandise imports in April-October 2021 was USD 331.29 billion, an increase of 78.71% over USD 185.38 billion in April-October 2020 and an increase of 15.81% over USD 286.07 billion in April-October 2019.
The trade deficit in October 2021 was USD 19.9 billion, while it was USD 98.71 billion during April-October 2021.
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Statement 1: India’s Merchandise Trade in October 2021 |
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|
|
Value in Billion USD |
% Growth |
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|
Oct-21 |
Oct-20 |
Oct-19 |
Oct-21 over Oct-20 |
Oct-21 over Oct-19 |
|
|
Exports |
35.47 |
24.92 |
26.23 |
42.33 |
35.21 |
|
Imports |
55.37 |
34.07 |
37.99 |
62.49 |
45.76 |
|
Deficit |
19.90 |
9.15 |
11.75 |
117.38 |
69.29 |
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Statement 2: India’s Merchandise Trade in Apr-Oct 2021 |
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|
|
Value in Billion USD |
% Growth |
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|
|
Apr-Oct21 |
Apr-Oct20 |
Apr-Oct19 |
Apr-Oct 21 over Apr-Oct 20 |
Apr-Oct 21 over Apr-Oct 19 |
|
Exports |
232.58 |
150.53 |
185.40 |
54.51 |
25.45 |
|
Imports |
331.29 |
185.38 |
286.07 |
78.71 |
15.81 |
|
Deficit |
98.71 |
34.85 |
100.67 |
183.22 |
-1.95 |
Value of non-petroleum exports in October 2021 was 30.27 USD billion, registering a positive growth of 29.63% over non-petroleum exports of USD 23.35 billion in October 2020 and a positive growth of 32.84% over non-petroleum exports of USD 22.79 billion in October 2019.
Value of non-petroleum imports was USD 40.94 billion in October 2021 with a positive growth of 45.82% over non-petroleum imports of USD 28.07 billion in October 2020 and a positive growth of 44.87% over non-petroleum imports of USD 28.26 billion in October 2019.
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Statement 3: Merchandise Non-POL Trade in October 2021 |
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|
Value in Billion USD |
% Growth |
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|
|
Oct21 |
Oct20 |
Oct19 |
Oct21 over Oct20 |
Oct21 over Oct19 |
|
Exports |
30.27 |
23.35 |
22.79 |
29.63 |
32.84 |
|
Imports |
40.94 |
28.07 |
28.26 |
45.82 |
44.87 |
The cumulative value of non-petroleum exports in April-October 2021 was USD 199.41 billion, an increase of 45.59% over USD 136.96 billion in April-October 2020 and an increase of 24.09% over USD 160.7 billion in April-October 2019.
The cumulative value of non-petroleum imports in April-October 2021 was USD 243.89 billion, showing an increase of 65.41% compared to non-oil imports of USD 147.44 billion in April-October 2020 and an increase of 15.51% compared to non-oil imports of USD 211.14 billion in April-October 2019.
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Statement 4: Merchandise Non-POL Trade Apr-Oct 2021 |
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|
Value in Billion USD |
% Growth |
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|
|
Apr-Oct21 |
Apr-Oct20 |
Apr-Oct19 |
Apr-Oct21 over Apr-Oct20 |
Apr-Oct21 over Apr-Oct19 |
|
Exports |
199.41 |
136.96 |
160.70 |
45.59 |
24.09 |
|
Imports |
243.89 |
147.44 |
211.14 |
65.41 |
15.51 |
Value of non-petroleum and non-gems and jewellery exports in October 2021 was USD 26.05 billion, registering a positive growth of 27.54% over non-petroleum and non-gems and jewellery exports of USD 20.43 billion in October 2020 and a positive growth of 36.59% over non-petroleum and non-gems and jewellery exports of USD 19.07 billion in October 2019.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 32.42 billion in October 2021 with a positive growth of 39.29% over non-oil and non-GJ imports of USD 23.27 billion in October 2020 and a positive growth of 30.72% over non-oil and non-GJ imports of USD 24.8 billion in October 2019.
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Statement 5: Merchandise Non-POL Non-GJ Trade in October 2021 |
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|
|
Value in Billion USD |
% Growth |
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|
|
Oct-21 |
Oct-20 |
Oct-19 |
Oct21 over Oct20 |
Oct21 over Oct19 |
|
Exports |
26.05 |
20.43 |
19.07 |
27.54 |
36.59 |
|
Imports |
32.42 |
23.27 |
24.80 |
39.29 |
30.72 |
The cumulative value of non-petroleum and non-gems and jewellery exports in April-October 2021 was USD 175.89 billion, an increase of 40.33% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 125.35 billion in April-October 2020 and an increase of 27.72% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 137.72 billion in April-October 2019.
Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 196.07 billion in April-October 2021, recording a positive growth of 50.91%, as compared to non-oil and non-GJ imports of USD 129.92 billion in April-October 2020 and a marginal positive growth of 9.87% over USD 178.45 billion in April-October 2019.
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Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Oct 2021 |
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|
|
Value in Billion USD |
% Growth |
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|
|
Apr-Oct 21 |
Apr-Oct 20 |
Apr-Oct 19 |
Apr-Oct 21 over Apr-Oct 20 |
Apr-Oct 21 over Apr-Oct 19 |
|
Exports |
175.89 |
125.35 |
137.72 |
40.33 |
27.72 |
|
Imports |
196.07 |
129.92 |
178.45 |
50.91 |
9.87 |
Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in October 2021 over corresponding month of previous year, as stated below.
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Statement 7: Exports of Top 10 Major Commodity Groups |
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|
|
Value of Export (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
Oct ’21 |
Oct ’20 |
Oct ’21 |
Oct ’21 over Oct ’20 |
|
Engineering Goods |
9388.28 |
6229.91 |
28.19 |
50.70 |
|
Petroleum Products |
5197.59 |
1567.31 |
14.69 |
231.63 |
|
Gems And Jewellery |
4221.73 |
2926.82 |
9.67 |
44.24 |
|
Organic And Inorganic Chemicals |
2569.28 |
1810.71 |
7.11 |
41.89 |
|
Drugs And Pharmaceuticals |
2060.09 |
2078.92 |
6.14 |
-0.91 |
|
Electronic Goods |
1347.93 |
966.29 |
3.91 |
39.50 |
|
Cotton Yarn/Fabrics/Made-ups Handloom Products Etc. |
1332.75 |
912.34 |
3.89 |
46.08 |
|
RMG Of All Textiles |
1252.90 |
1177.56 |
3.50 |
6.40 |
|
Marine Products |
807.80 |
684.06 |
2.28 |
18.09 |
|
Plastic And Linoleum |
781.49 |
599.55 |
2.25 |
30.35 |
|
Total of 10 Major Commodity Groups |
28959.84 |
18953.48 |
81.62 |
52.79 |
|
Rest |
6510.45 |
5966.93 |
18.38 |
9.11 |
|
Total Exports |
35470.29 |
24920.41 |
100.00 |
42.33 |
Top 10 major commodity groups, covering about 78% of total imports, have shown below.
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Statement 8: Imports of Top 10 Major Commodity Groups |
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|
|
Import (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
Oct.’21 |
Oct.’20 |
Oct.’21 |
Oct.’21 over Oct.’20 |
|
Petroleum, Crude & products |
14430.76 |
6000.27 |
26.06 |
140.50 |
|
Electronic goods |
6811.03 |
5533.73 |
12.30 |
23.08 |
|
Gold |
5106.14 |
2499.97 |
9.22 |
104.25 |
|
Machinery, electrical & non-electrical |
3540.77 |
2497.29 |
6.39 |
41.78 |
|
Coal, Coke & Briquettes, etc. |
3311.93 |
1512.88 |
5.98 |
118.92 |
|
Organic & Inorganic Chemicals |
2620.62 |
1563.23 |
4.73 |
67.64 |
|
Pearls, precious & Semi-precious stones |
2483.01 |
2291.40 |
4.48 |
8.36 |
|
Artificial resins, plastic materials, etc. |
1727.27 |
1121.06 |
3.12 |
54.07 |
|
Vegetable Oil |
1624.79 |
1018.08 |
2.93 |
59.59 |
|
Iron & Steel |
1444.81 |
985.71 |
2.61 |
46.58 |
|
Total of 10 Major Commodity Groups |
43101.12 |
25023.62 |
77.84 |
72.24 |
|
Rest |
12266.92 |
9050.21 |
22.16 |
35.54 |
|
Total Imports |
55368.04 |
34073.84 |
100.00 |
62.49 |
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DJN/MS/PK
