India’s merchandise exports in April 2021 was USD 30.21 billion, an increase of 197.03% over USD 10.17 billion in April 2020 and an increase of 16.03% over USD 26.04 billion in April 2019.

India’s merchandise imports in April 2021 was USD 45.45 billion, an increase of 165.99% over USD 17.09 billion in April 2020 and an increase of 7.22% over USD 42.39 billion in April 2019.

India is thus a net importer in April 2021 with a trade deficit of USD 15.24 billion

Value of non-petroleum and non-gems and jewellery exports in April 2021 was USD 23.51 billion, a positive growth of 164.28% over USD 8.9 billion in April 2020 and a positive growth of 19.89% over USD 19.61 billion in April 2019.

Non-oil, non-GJ (gold, silver & Precious metals) imports were USD 26.05 billion in April 2021, a positive growth of 111.3% over USD 12.33 billion in April 2020 and a positive growth of 6.48% over USD 24.46 billion in April 2019.

Top 5 commodity groups of exports which recorded positive growth during April 2021are: Gems and Jewellery (9158.63%), Jute mfg. including Floor Covering (1556.39%), Carpet (1351.48%), Handicrafts excl. Handmade Carpet (1207.98%), and Leather and Leather Manufactures (1168.96%).

Only 3 commodity groups of import have shown a fall in April 2021 vis-à-vis April 2020 which are: Silver (-88.55%), Newsprint (-46.07%), and Pulses (-42.46)

India’s merchandise exports in April 2021 was USD 30.21 billion, an increase of 197.03%  over USD 10.17 billion in April 2020 and an increase of 16.03% over USD 26.04 billion in April 2019.

India’s merchandise imports in April 2021 was USD 45.45 billion, with an increase of 165.99% over USD 17.09 billion in April 2020 and an increase of 7.22% over USD 42.39 billion in April 2019.

India is thus a net importer in April 2021 with a trade deficit of USD 15.24 billion, which increased by 120.34% over trade deficit of USD 6.92 billion in April 2020 and declined by 6.81% over trade deficit of USD 16.35 billion in April 2019.

In April 2021, the value of non-petroleum exports was USD 26.85 billion, registering a positive growth of 200.62% over USD 8.93 billion in April 2020 and a positive growth of 19.44% over USD 22.48 billion in April 2019. The value of non-petroleum and non-gems and jewellery exports in April 2021 was USD 23.51 billion, registering a positive growth of 164.28% over USD 8.90 billion in April 2020 and a positive growth of 19.89% over USD 19.61 billion in April 2019.

In April 2021, Oil imports was USD 10.8 billion, a positive growth of 132.26% compared to USD 4.65 billion in April 2020 and a negative growth of 6.62 compared to USD 11.56 billion in April 2019.

Non-oil imports in April 2021 was estimated at USD 34.65 billion, showing an increase of 178.6% compared to USD 12.44 billion in April 2020 and an increase of 12.42% compared to USD 30.82 billion in April 2019.

Non-oil, non-GJ (gold, silver &Precious metals) imports was USD 26.05 billion in April 2021, recording a positive growth of 111.3%, as compared to non-oil and non-GJ imports of USD 12.33 billion in April 2020 and a positive growth of 6.48% over USD 24.46 billion in April 2019.

All Major commodities have recorded positive growth in export during April 2021 vis-à-vis April 2020 namely, Gems and Jewellery (9158.63%), Jute mfg. Including floor covering (1556.39%), Carpet (1351.48%), Handicrafts excl. Hand-made carpet (1207.98%), Leather and leather manufactures (1168.96%), RMG of All Textiles (920.52%), Cotton yarn/fabrics/made-ups, handloom products etc. (616.6%), Man-made yarn/fabrics/made-ups etc. (583.53%), Ceramic products and glassware (441.57%), Other cereals (441.46%), Electronic Goods (362.86%), Oil meals (275.91%), Cashew (252.46%), Mica, coal and other ores, minerals including process (234.63%), Engineering goods (234.63%), Tobacco (183.86%), Iron ore (175.15%), Petroleum products (171.11%), Cereal preparations and miscellaneous processed item (170.86%), Oil Seeds (166.24%), Meat, dairy and poultry products (148.6%), Tea (143.04%), Marine products (107.59%), Spices (102.32%), Coffee (73.83%), Organic and Inorganic Chemicals (69.39%), Rice (60.29%), Plastic and linoleum (47.49%), Fruits and vegetables (21.82%), and Drugs and pharmaceuticals (20.68%).

Major commodity groups of export showing positive growth in April 2021 over April 2019 are: Iron ore (219.55%), Other cereals (206.43%), Oil meals (86.59%), Jute mfg. Including floor covering (66.19%), Rice (49.45%), Cereal preparations and miscellaneous processed item (40.34%), Electronic Goods (35.81%), Mica, coal and other ores, minerals including process (33.17%), Spices (32.72%), Cotton yarn/fabrics/made-ups, handloom products etc. (25.27%), Ceramic products and glassware (22.57%), Drugs and pharmaceuticals (22.55%), Carpet (22.38%), Engineering goods (18.61%), Cashew (16.57%), Gems and Jewellery (16.38%), Marine products (16.34%), Handicrafts excl. Hand-made carpet (14.33%), Plastic and linoleum (13.31%), Fruits and vegetables (11.66%), Man-made yarn/fabrics/made-ups etc. (8.35%), and Oil Seeds (1.30%).

Major commodity groups of export showing negative growth in April 2021 over April 2019 are: Tea (-23.66%%), Leather and leather manufactures (-13.27%), Tobacco (-9.86%), RMG of All Textiles (-8.01%), Petroleum products (-5.5%), Coffee (-2.56%), Organic and Inorganic Chemicals (-2.21%), and Meat, dairy and poultry products (-1.38%).

Major commodity groups of import showing positive growth in April 2021 over the corresponding month of last year are: Gold (215906.91%), Pearls, precious & Semi-precious stones (119500.48%), Sulphur & Unroasted Iron Pyrites (1525.05%), Electronic goods (213.59%), Non-ferrous metals (193.89%), Transport equipment (170.95%), Professional instrument, Optical goods, etc. (163.13%), Artificial resins, plastic materials, etc. (138.18%), Metaliferrous ores & other minerals (133.77%), Petroleum, Crude & products (132.26%), Machinery, electrical & non-electrical (113.73%), Textile yarn Fabric, made-up articles (111.7%), Wood & Wood products (101.01%), Machine tools (100.93%), Vegetable Oil (97.57%), Project Goods (91.79%), Leather & leather products (91.59%), Dyeing/tanning/colouring materials (88.10%), Chemical material & products (84.57%), Iron & Steel (73.19%), Organic & Inorganic Chemicals (72.73%), Fruits & vegetables (70.0%), Coal, Coke & Briquettes, etc. (65.98%), Medcnl. & Pharmaceutical products (56.92%), Pulp and Waste paper (46.35%), Cotton Raw & Waste (11.68%) and Fertilisers, Crude & manufactured (7.75%).

Major commodity groups of import showing negative growth in April 2021 over the corresponding month of last year are: Silver (-88.55%), Newsprint (-46.07%), and Pulses (-42.46%). 

Major commodity groups of import showing positive growth in April 2021 over April 2019 are: Vegetable Oil (75.85%), Gold (54.17%), Chemical material & products (41.68%), Artificial resins, plastic materials, etc. (36.69%), Metaliferrous ores & other minerals (29.60%), Sulphur & Unroasted Iron Pyrites (25.23%), Medcnl. & Pharmaceutical products (22.23%), Fruits & vegetables (18.95%), Electronic goods (17.01%), Pearls, precious & Semi-precious stones (15.39%), Non-ferrous metals (13.51%), Organic & Inorganic Chemicals (12.46%), Professional instrument, Optical goods, etc. (6.78%), Dyeing/tanning/colouring materials (5.54%), and Wood & Wood products (2.63%).

Major commodity groups of import showing negative growth in April 2021 over April 2019 are: Silver (-95.25%), Newsprint (-59.63%), Cotton Raw & Waste (-50.42%), Pulses (-46.98%), Project Goods (-37.47%), Leather & leather products (-33.10%), Transport equipment (-24.49%), Machine tools (-23.40%), Pulp and Waste paper (-18.09%), Iron & Steel (-17.93%), Coal, Coke & Briquettes, etc. (-14.84%), Fertilisers, Crude & manufactured (-11.44%), Petroleum, Crude & products (-6.62%), Machinery, electrical & non-electrical (-1.55%), and Textile yarn Fabric, made-up articles (-0.37%).

MERCHANDISE TRADE: Preliminary Data, April 2021

Summary            Value in USD Billion

		Total					Non-Petroleum					Non- Petroleum and Non-Gems & Jewellery
	2019-20	2020-21	2021-22	% change 2021-22 over 2020-21	% change 2021-22 over 2019-20	2019-20	2020-21	2021-22	% change 2021-22 over 2020-21	% change 2021-22 over 2019-20	2019-20	2020-21	2021-22	% change 2021-22 over 2020-21	% change 2021-22 over 2019-20
Exports	26.04	10.17	30.21	-60.93	197.03	22.48	8.93	26.85	-60.27	200.62	19.61	8.90	23.51	-54.64	164.28
Imports	42.39	17.09	45.45	-59.69	165.99	30.82	12.44	34.65	-59.65	178.60	24.46	12.33	26.05	-49.61	111.30
Deficit	16.35	6.92	15.24	-57.70	120.34	8.34	3.51	7.80	-57.98	122.49	4.85	3.43	2.54	-29.29	-26.01

Change by top Commodity Groups Value in USD Million

	Top Increase			Top Decline
	Commodity group	Change (USD Million)	%  change	Commodity group	Change (USD Million)	%  change
EXPORT (APR ’21 OVER APR’20)	Engineering Goods	5552.27	234.63
	Gems And Jewellery	3305.44	9158.63
	Petroleum Products	2120.97	171.11
EXPORT (APR ’21 OVER APR’19)	Engineering Goods	1242.47	18.61	Petroleum Products	-195.63	-5.50
	Gems And Jewellery	470.34	16.38	Rmg Of All Textiles	-112.78	-8.01
	Iron Ore	435.86	219.55	Organic And Inorganic Chemicals	-45.37	-2.21

 

	Top Increase			Top Decline
	Commodity group	Change (USD Million)	%  change	Commodity group	Change (USD Million)	%  change
IMPORT (APR ’21 OVER APR’20)	Petroleum, Crude & products	6149.22	132.26	Silver	-91.87	-88.55
	Gold	6121.40	N.A.	Pulses	-40.41	-42.46
	Electronic goods	3436.18	213.59	Newsprint	-19.78	-46.07
IMPORT (APR ’21 OVER APR’19)	Gold	2151.75	54.17	Petroleum, Crude & products	-765.73	-6.62
	Electronic goods	733.38	17.01	Transport equipment	-472.32	-24.49
	Vegetable Oil	554.04	75.85	Coal, Coke & Briquettes, etc.	-346.69	-14.84

 

Merchandise trade: exports surged year on year but imports rose more, resulting in a widened monthly trade deficit. Merchandise trade for April 2021 shows exports rising to USD 30.21 billion and imports to USD 45.45 billion, producing a trade deficit of USD 15.24 billion. Non petroleum and non gems & jewellery exports, and non oil and non oil non GJ imports, recorded substantial year on year growth versus April 2020. Most major export commodity groups posted large positive growth versus April 2020; a small number of import groups (notably silver, newsprint and pulses) recorded declines.