INDIA’S MERCHANDISE TRADE: Preliminary Data September 2021


India’s merchandise imports in September 2021 was USD 56.38 billion, an increase of 84.75% over USD 30.52 billion in September 2020 and an increase of 49.58% over USD 37.69 billion in September 2019.

India’s merchandise imports in April-September 2021 was USD 275.92 billion, an increase of 82.36% over USD 151.31 billion in April-September 2020 and an increase of 11.22% over USD 248.08 billion in April-September 2019.

The trade deficit in September 2021 was USD 22.94 billion, while it was USD 78.81 billion during April-September 2021.

 

Statement 1: India’s Merchandise Trade in September 2021

 

Value in Billion USD

% Growth

Sept-21

Sept-20

Sept-19

Sept-21 over Sept-20

Sept-21 over Sept-19

Exports

33.44

27.56

26.02

21.35

28.51

Imports

56.38

30.52

37.69

84.75

49.58

Deficit

22.94

2.96

11.67

675.17

96.56

 

Statement 2: India’s Merchandise Trade in Apr-Sept 2021

 

Value in Billion USD

% Growth

 

Apr-Sept21

Apr-Sept20

Apr-Sept19

Apr-Sept 21 over Apr-Sept 20

Apr-Sept 21 over Apr-Sept 19

Exports

197.11

125.61

159.16

56.92

23.84

Imports

275.92

151.31

248.08

82.36

11.22

Deficit

78.81

25.70

88.92

206.68

(-)11.36

 

 

Value of non-petroleum exports in September 2021 was 28.53USD billion, registering a positive growth of 18.72% over non-petroleum exports of USD 24.03 billion in September 2020 and a positive growth of 26.32% over non-petroleum exports of USD 22.59 billion in September 2019.

Value of non-petroleum imports was USD 38.95 billion in September 2021 with a positive growth of 57.73% over non-petroleum imports of USD 24.69 billion in September 2020 and a positive growth of 36.14% over non-petroleum imports of USD 28.61 billion in September 2019.

 

Statement 3: Merchandise Non-POL Trade in September 2021

 

Value in Billion USD

% Growth

 

Sept21

Sept20

Sept19

Sept21 over Sept20

Sept21 over Sept19

Exports

28.53

24.03

22.59

18.72

26.32

Imports

38.95

24.69

28.61

57.73

36.14

 

The cumulative value of non-petroleum exports in April-September 2021 was USD 169.13 billion, an increase of 48.87% over USD 113.61 billion in April-September 2020 and an increase of 22.64% over USD 137.91 billion in April-September 2019.

The cumulative value of non-petroleum imports in April-September 2021 was USD 202.95 billion, showing an increase of 70.02% compared to non-oil imports of USD 119.37 billion in April-September 2020 and an increase of 10.97% compared to non-oil imports of USD 182.88 billion in April-September 2019.

 

Statement 4: Merchandise Non-POL Trade Apr-Sept 2021

 

Value in Billion USD

% Growth

 

Apr-Sept21

Apr-Sept20

Apr-Sept19

Apr-Sept21 over Apr-Sept20

Apr-Sept21 over Apr-Sept19

Exports

169.13

113.61

137.91

48.87

22.64

Imports

202.95

119.37

182.88

70.02

10.97

 

Value of non-petroleum and non-gems and jewellery exports in September 2021 was USD 25.29 billion, registering a positive growth of 18.59% over non-petroleum and non-gems and jewellery exports of USD 21.33 billion in September 2020 and a positive growth of 33.14% over non-petroleum and non-gems and jewellery exports of USD 19.0 billion in September 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 30.71 billion in September 2021 with a positive growth of 39.61%over non-oil and non-GJ imports of USD 21.99 billion in September 2020and apositivegrowth of 22.9% over non-oil and non-GJ imports of USD 24.98 billion in September 2019.

 

Statement 5: Merchandise Non-POL Non-GJ Trade in September 2021

 

Value in Billion USD

% Growth

 

Sept-21

Sept-20

Sept-19

Sept21 over Sept20

Sept21 over Sept19

Exports

25.29

21.33

19.00

18.59

33.14

Imports

30.71

21.99

24.98

39.61

22.90

The cumulative value of non-petroleum and non-gems and jewellery exports in April-September 2021 was USD 149.84 billion, an increase of 42.82% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 104.92 billion in April-September 2020 and an increase of 26.29% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 118.65 billion in April-September 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 163.65 billion in April-September 2021, recording a positive growth of 53.44%, as compared to non-oil and non-GJ imports of USD 106.65 billion in April-September 2020 and a marginal positive growth of 6.51% over USD 153.65 billion in April-September 2019.

 

Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Sept 2021

 

Value in Billion USD

% Growth

 

Apr-Sept21

Apr-Sept20

Apr-Sept19

Apr-Sept21 over Apr-Sept20

Apr-Sept21 over Apr-Sept19

Exports

149.84

104.92

118.65

42.82

26.29

Imports

163.65

106.65

153.65

53.44

6.51

 

Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in September 2021 over corresponding month of previous year, as stated below.

 

Statement 7: Exports of Top 10 Major Commodity Groups

 

Value of Export (Million US$)

Share (%)

Growth (%)

Major Commodity Group

Sept ’21

Sept ’20

Sept ’21

Sept ’21 over Sept ’20

Engineering Goods                                          

9426.89

6896.27

28.19

36.70

Petroleum Products                                         

4913.73

3527.01

14.69

39.32

Gems And Jewellery                                         

3235.24

2702.57

9.67

19.71

Organic And Inorganic Chemicals                            

2377.07

1833.99

7.11

29.61

Drugs And Pharmaceuticals                                  

2053.35

2243.48

6.14

-8.47

Cotton Yarn/Fabrics/Made-ups, Handloom Products Etc.          

1308.63

932.41

3.91

40.35

RMG Of All Textiles                                        

1300.32

1190.38

3.89

9.24

Electronic Goods                                           

1169.65

926.20

3.50

26.28

Rice                                                       

761.61

729.27

2.28

4.44

Plastic And Linoleum                                       

751.20

634.19

2.25

18.45

Total of 10 Major Commodity Groups

27297.71

21615.78

81.62

26.29

Rest

6145.95

5943.27

18.38

3.41

Total Exports

33443.66

27559.04

100.00

21.35

Top 10 major commodity groups, covering more than 80% of total imports, have shown below.

 

Statement 8: Imports of Top 10 Major Commodity Groups

 

Import (Million US$)

Share (%)

Growth (%)

Major Commodity Group

Sept.’21

Sept.’20

Sept.’21

Sept.’21 over Sept.’20

Petroleum, Crude & products

17436.42

5826.28

30.92

199.27

Electronic goods

6888.00

5873.06

12.22

17.28

Gold

5115.76

601.43

9.07

750.60

Machinery, electrical & non-electrical

3198.45

2252.34

5.67

42.01

Pearls, precious & Semi-precious stones

2571.63

2086.70

4.56

23.24

Organic & Inorganic Chemicals

2485.01

1589.39

4.41

56.35

Coal, Coke & Briquettes, etc.

2187.33

1195.95

3.88

82.89

Vegetable Oil

1988.93

858.18

3.53

131.76

Artificial resins, plastic materials, etc.

1646.11

1081.46

2.92

52.21

Non-ferrous metals

1461.24

940.70

2.59

55.34

Total of 10 Major Commodity Groups

44978.87

22305.50

79.77

101.65

Rest

11404.45

8212.85

20.23

38.86

Total Imports

56383.32

30518.35

100.00

84.75

 

***

DJN/PK



    Source PIB