India’s Merchandise Trade:
Preliminary Data July 2021
·
Exports in July 2021 log 47.91% increase in (USD 35.17 billion)
over the same period of 2020 (USD 23.78 billion)
·
Exports up by 34.06% over same period of 2019 (USD 26.23
billion)
·
Exports during April-July 2021 were USD 130.53 billion, up by
73.51% over the same period of 2020 (USD 75.10 billion) and up by 21.82% over
same period of 2019 (USD 107.15 billion)
[MoC&I
Press Release/02.08.2021]
India’s merchandise exports in July 2021 was
USD 35.17 billion, highest ever monthly achievement, which showed an increase
of 47.91% over USD 23.78 billion in July
2020 and an increase of 34.06% over USD 26.23 billion in July 2019.
Value of non-petroleum and non-gems and jewellery exports in July 2021 was USD 26.11 billion,
registering a positive growth of 27.36% over non-petroleum and non-gems and jewellery exports of USD 20.5 billion in July 2020 and a
positive growth of 32.25% over non-petroleum and non-gems and jewellery exports of USD 19.75 billion in July 2019.
Value of non-oil, non-GJ (gold, silver &
Precious metals) imports was USD 26.66 billion in July 2021 with a positive
growth of 35.11% over non-oil and non-GJ imports of USD 19.73 billion in July
2020 but had a marginal negative growth of 0.17% over non-oil and non-GJ
imports of USD 26.7 billion in July 2019.
Top 5 commodity groups of export which have
recorded positive growth during July 2021 vis-ŕ-vis July 2020 are: Petroleum
Products (215.68%), Gems and Jewellery (130.44%),
Other Cereals (70.25%), Man-made Yarn/Fabrics/Made-ups etc. (58.67%) and Cotton
Yarn/Fabrics/Made-ups, Handloom Products etc.
(48.02%).
Top 5 commodity
groups of export which have recorded positive growth during July 2021 vis-ŕ-vis
July 2019 are: Other Cereals (530.65%), Petroleum Products (60.51%), Cotton
Yarn/Fabrics/Made-ups, Handloom Products etc.
(58.86%), Engineering Goods (55.07%) and Rice (36.97%).
India’s merchandise exports in July 2021 was
USD 35.17 billion, an increase of 47.91%
over USD 23.78 billion in July 2020 and an increase of 34.06% over USD
26.23 billion in July 2019. India’s merchandise exports in Apr-July 2021 was
USD 130.53 billion, an increase of 73.51%
over USD 75.22 billion in Apr-July 2020 and an increase of 21.82% over
USD 107.15 billion in Apr-July 2019.
In July 2021, the value of non-petroleum
exports was USD 29.57 billion, registering a positive growth of 34.39% over USD
22.0 billion in July 2020 and a positive growth of 30.01% over USD 22.75
billion in July 2019.
The cumulative value of non-petroleum exports
in April-July 2021 was USD 112.02 billion, an increase of 63.47% over USD 68.53
billion in April-July 2020 and an increase of 21.05% over USD 92.54 billion in
April-July 2019.
The value of non-petroleum and non-gems and jewellery exports in July 2021 was USD 26.11 billion,
registering a positive growth of 27.36% over non-petroleum and non-gems and jewellery exports of USD 20.5 billion in July 2020 and a
positive growth of 32.25% over non-petroleum and non-gems and jewellery exports of USD 19.75 billion in July 2019.
The cumulative value of non-petroleum and
non-gems and jewellery exports in April-July 2021 was
USD 99.39 billion, an increase of 54.43% over cumulative value of non-petroleum
and non-gems and jewellery exports of USD 64.36
billion in April-July 2020 and an increase of 24.12% over cumulative value of
non-petroleum and non-gems and jewellery exports of
USD 80.08 billion in April-July 2019.
Major commodity groups of export showing
positive growth in July 2021 over July 2020 are – Petroleum Products (215.68%),
Gems and Jewellery (130.44%), Other Cereals (70.25%),
Man-Made Yarn/Fabrics/Made-ups Etc.
(58.67%), Cotton Yarn/Fabrics/Made-ups, Handloom Products Etc. (48.02%), Marine Products (47.7%), Electronic
Goods (47.59%), Engineering Goods (42.14%), Handicrafts Excl. Hand Made
Carpet (32.59%), RMG Of All Textiles
(30.52%), Organic And Inorganic Chemicals (28.52%), Carpet (25.61%), Plastic
And Linoleum (23.9%), Jute Mfg.
Including Floor Covering (22.52%), Leather And Leather Manufactures (16.5%), Mica, Coal And Other Ores, Minerals
Including Process (16.47%), Cereal Preparations And Miscellaneous Processed
Item (16.37%), Ceramic Products And Glassware (6.97%) and Drugs And
Pharmaceuticals (4.1%).
Major commodity groups of export showing
negative growth in July 2021 over July 2020 are – Oil Seeds (-38.65%), Oil
Meals (-35.69%), Meat, Dairy and Poultry Products (-31.97%), Tobacco (-10.35%),
Spices (-10.29%), Tea (-8.97%), Rice (-7.85%), Cashew (-3.58%), Iron Ore
(-3.5%), Coffee (-1.89%) and Fruits and Vegetables (-0.44%).
Major commodity groups of import showing
positive growth in July 2021 over July 2020 are:
Sulphur & Unroasted Iron Pyrites
(355.57%), Pulp and Waste paper (227.6%), Pearls, precious & Semi-precious
stones (179.32%), Gold (135.56%), Non-ferrous metals (121.31%), Cotton Raw
& Waste (115.19%), Coal, Coke & Briquettes, etc. (106.09%), Petroleum,
Crude & products (97.06%), Wood &
Wood products (94.03%), Iron & Steel (75.61%), Metaliferrous
ores & other minerals (71.8%), Fertilisers, Crude & manufactured
(70.8%), Pulses (65.35%), Artificial resins, plastic materials, etc. (61.33%),
Dyeing/tanning/colouring materials (54.42%), Organic
& Inorganic Chemicals (46.59%), Textile yarn Fabric, made-up articles
(43.96%), Fruits & vegetables
(36.9%), Chemical material & products (34.53%), Machinery,
electrical & non-electrical (31.56%), Leather & leather products
(30.59%), Machine tools (30.47%), Professional instrument, Optical goods, etc.
(27.52%), Vegetable Oil (24.13%), Electronic goods (10.68%) and
Medicinal & Pharmaceutical products (7.3%).
Only four commodity groups of import have
shown a fall in July 2021 vis-ŕ-vis July 2020. These are: Silver (-89.16%),
Project Goods (-78.63%), Transport Equipment (-16.08%) and Newsprint (-3.49%).
Merchandise
Trade: Preliminary Data, July 2021
Summary Value
in USD Billion
|
|
Total |
Non-Petroleum |
Non- Petroleum and
Non-Gems & Jewellery |
||||||||||||
|
|
JUL19 |
JUL20 |
JUL21 |
% change Jul21 over Jul20 |
% change Jul21 over Jul19 |
JUL19 |
JUL20 |
JUL21 |
% change Jul21 over Jul20 |
% change Jul21 over Jul19 |
JUL19 |
JUL20 |
JUL21 |
% change Jul21 over Jul20 |
% change Jul21 over Jul19 |
|
Exports |
26.23 |
23.78 |
35.17 |
47.91 |
34.06 |
22.75 |
22.0 |
29.57 |
34.39 |
30.01 |
19.75 |
20.5 |
26.11 |
27.36 |
32.25 |
|
Imports |
40.43 |
29.11 |
46.4 |
59.38 |
14.75 |
30.68 |
22.57 |
33.5 |
48.46 |
9.19 |
26.7 |
19.73 |
26.66 |
35.11 |
- 0.17 |
|
Deficit/Surplus |
14.2 |
5.33 |
11.23 |
110.56 |
- 20.92 |
7.93 |
0.57 |
3.93 |
589.47 |
-50.44 |
6.95 |
-0.77 |
0.55 |
-171.43 |
-92.09 |
Change by top Commodity Groups in Export Value in USD Million
|
|
Top Increase |
Top Decline |
||||
|
|
Commodity
group |
Change
(USD Million) |
% change |
Commodity
group |
Change
(USD Million) |
% change |
|
EXPORT
(JUL’21 OVER JUL’20) |
PETROLEUM PRODUCTS |
3823.72 |
215.68 |
MEAT, DAIRY AND POULTRY PRODUCTS |
-120.48 |
-31.97 |
|
|
ENGINEERING GOODS |
2822.26 |
42.14 |
RICE |
-60.01 |
-7.85 |
|
|
GEMS AND JEWELLERY |
1957.79 |
130.44 |
OIL SEEDS |
-48.25 |
-38.65 |
|
EXPORT
(JUL ’20 OVER JUL’19) |
ENGINEERING GOODS |
558.25 |
9.09 |
PETROLEUM PRODUCTS |
-1713.86 |
-49.15 |
|
|
DRUGS AND PHARMACEUTICALS |
335.98 |
19.51 |
GEMS AND JEWELLERY |
-1500.30 |
-49.99 |
|
|
RICE |
250.15 |
48.64 |
RMG OF ALL TEXTILES |
-301.23 |
-22.07 |
|
EXPORT
(JUL ’21 OVER JUL’19) |
ENGINEERING
GOODS |
3380.50 |
55.07 |
SPICES |
-79.76 |
-19.07 |
|
|
PETROLEUM
PRODUCTS |
2109.86 |
60.51 |
LEATHER
AND LEATEHR MANUFACTURERS |
-68.06 |
-14.93 |
|
|
ORGANIC
AND INORGANIC CHEMICALS |
562.53 |
30.22 |
MEAT,
DAIRY AND POULTRY PRODUCTS |
-52.13 |
-16.90 |
Change by top Commodity Groups in Import Value in USD Million
|
|
Top Increase |
Top Decline |
||||
|
|
Commodity
group |
Change
(USD Million) |
% change |
Commodity
group |
Change
(USD Million) |
% change |
|
IMPORT
(JUL’21 OVER JUL’20) |
Petroleum,
Crude & products |
6351.22 |
97.06 |
Transport
equipment |
-202.05 |
-16.08 |
|
|
Gold |
2418.99 |
135.56 |
Project
goods |
-154.49 |
-78.63 |
|
|
Pearls,
precious & Semi-precious stones |
1687.24 |
179.32 |
Silver |
-98.26 |
-89.16 |
|
IMPORT
(JUL’20 OVER JUL’19) |
Vegetable
Oil |
231.69 |
26.66 |
Petroleum,
Crude & products |
-3205.25 |
-32.88 |
|
|
Medcnl.
& Pharmaceutical products |
126.14 |
20.82 |
Coal,
Coke & Briquettes, etc. |
-1097.52 |
-53.56 |
|
|
Project
goods |
87.28 |
79.91 |
Machinery,
electrical & non-electrical |
-1050.66 |
-32.89 |
|
IMPORT
(JUL’21 OVER JUL’19) |
Petroleum,
Crude & products |
3145.97 |
32.27 |
Transport
equipment |
-1025.98 |
-49.32 |
|
|
Gold |
2490.40 |
145.38 |
Silver |
-512.86 |
-97.72 |
|
|
Pearls,
precious & Semi-precious stones |
886.72 |
50.92 |
Machinery,
electrical & non-electrical |
-373.91 |
-11.70 |