Oct Exports Rise 42.33% to $35.47 bn,
Imports Up 62.49%
·
India’s merchandise exports in
October 2021 was USD 35.47 billion, an increase of 42.33% over USD 24.92
billion in October 2020 and an increase of 35.21% over USD 26.23 billion in
October 2019.
·
India’s merchandise exports in
April-October 2021 was USD 232.58 billion, an increase of 54.51% over USD
150.53 billion in April-October 2020 and an increase of 25.45% over USD 185.4
billion in April-October 2019.
As
per the data, the trade deficit in October 2021 was USD 19.9 billion and USD
98.71 billion during April-October 2021.
India's merchandise
exports in October rose 42.33 per cent to USD 35.47 billion, according to
provisional data released by the government on Monday.
The exports stood at
USD 24.92 billion in October 2020 and USD 26.23 billion in October 2019.
India's merchandise
exports in October 2021 was USD 35.47 billion, an increase of 42.33 per cent
over USD 24.92 billion in October 2020 and an increase of 35.21 per cent over
USD 26.23 billion in October 2019, as per an official statement.
The merchandise
imports surged 62.49 per cent to USD 55.37 billion from USD 34.07 billion in
October 2020. It was USD 37.99 billion in October 2019.
As per the data, the
trade deficit in October 2021 was USD 19.9 billion and USD 98.71 billion during
April-October 2021.
The gold imports
stood at USD 5.1 billion in October compared to USD 2.49 billion a year ago, an
increase of 104.25 per cent.
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.
Statement 1: India’s
Merchandise Trade in October 2021
|
|
Value
in Billion USD |
%
Growth |
|||
|
|
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 |
Statement 2: India’s Merchandise Trade
in Apr-Oct 2021
|
|
Value in Billion
USD |
% Growth |
|||
|
|
Apr-Oct 21 |
Apr-Oct 20 |
Apr-Oct.19 |
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.
Statement 3: Merchandise Non-POL Trade
in October 2021
|
|
Value in
Billion USD |
% Growth |
|||
|
|
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.
Statement 4: Merchandise Non-POL Trade
Apr-Oct 2021
|
|
Value in
Billion USD |
% Growth |
|||
|
|
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.
Statement 5: Merchandise
Non-POL Non-GJ Trade in October 2021
|
|
Value
in Billion USD |
%
Growth |
|||
|
|
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.
Statement 6: Merchandise
Non-POL Non-GJ Trade Apr-Oct 2021
|
|
Value
in Billion USD |
%
Growth |
|||
|
|
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.
Statement 7: Exports of Top 10 Major
Commodity Groups
|
|
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.
Statement 8: Imports of
Top 10 Major Commodity Groups
|
|
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 |