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October 19, 2026
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Customs, DGFT & SEZ

INDIA’S MERCHANDISE TRADE: Preliminary Data August 2021

September 3, 2021

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INDIA’S MERCHANDISE TRADE: Preliminary Data August 2021

India’s merchandise exports in August 2021 was USD 33.14 billion, an increase of 45.17% over USD 22.83 billion in August 2020 and an increase of 27.5% over USD 25.99 billion in August 2019

India’s merchandise exports in April-August 2021 was USD 163.67 billion, an increase of 66.92% over USD 98.05 billionin April-August 2020 and an increase of 22.93% over USD 133.14 billion in April-August 2019

India’s merchandise imports in August 2021 was USD 47.01 billion, an increase of 51.47% over USD 31.03 billion in August 2020 and an increase of 17.95% over USD 39.85 billion in August 2019.

India’s merchandise imports in April-August 2021 was USD 219.54 billion, an increase of 81.75%  over USD 120.79 billion in April-August 2020 and a marginal increase of 4.35% over USD 210.39 billion in April-August 2019.

The trade deficit in August 2021 was USD 13.87 billion in compared to the trade deficit of USD 8.2 billion in August 2020, while it is USD 55.9 billion during April-August 2021 as compared to USD 22.7 billion during the same period of the previous year.

Statement 1: India’s Merchandise Trade in August 2021

 

Value in Billion USD

% Growth

Aug-21

Aug-20

Aug-19

Aug-21 over Aug-20

Aug-21 over Aug-19

Exports

33.14

22.83

25.99

45.17

27.50

Imports

47.01

31.03

39.85

51.47

17.95

Deficit

13.87

8.20

13.86

69.15

0.07

 

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

 

Value in Billion USD

% Growth

 

Apr-Aug21

Apr-Aug20

Apr-Aug19

Apr-Aug 21 over Apr-Aug 20

Apr-Aug 21 over Apr-Aug 19

Exports

163.67

98.05

133.14

66.92

22.93

Imports

219.54

120.79

210.39

81.75

4.35

Deficit

55.87

22.74

77.25

145.69

(-) 27.67

 

 

Value of non-petroleum exports in August 2021 was 28.58USD billion, registering a positive growth of 36.57% over non-petroleum exports of USD 20.93 billion in August 2020 and a positive growth of 25.44% over non-petroleum exports of USD 22.78 billion in August 2019.

Value of non-petroleum imports was USD 35.37 billion in August 2021 with a positive growth of 43.88% over non-petroleum imports of USD 24.58 billion in August 2020 and had a positive growth of 22.58% only over non-petroleum imports of USD 28.85 billion in August 2019.

Statement 3: Merchandise Non-POL Trade in August 2021

 

Value in Billion USD

% Growth

 

Aug21

Aug20

Aug19

Aug21 over Aug20

Aug21 over Aug19

Exports

28.58

20.93

22.78

36.57

25.44

Imports

35.37

24.58

28.85

43.88

22.58

Deficit

6.79

3.65

6.07

86.03

11.86

The cumulative value of non-petroleum exports in April-August 2021 was USD 140.6 billion, an increase of 56.96% over USD 89.58 billion in April-August 2020 and an increase of 21.92% over USD 115.33 billion in April-August 2019.

The cumulative value of non-petroleum imports in April-August 2021 was USD 164.01 billion, showing an increase of 73.22% compared to non-oil imports of USD 94.68 billion in April-August 2020 and a marginal increase of 6.31% compared to non-oil imports of USD 154.28 billion in April-August 2019.

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

 

Value in Billion USD

% Growth

 

Apr-Aug21

Apr-Aug20

Apr-Aug19

Apr-Aug21 over Apr-Aug20

Apr-Aug21 over Apr-Aug19

Exports

140.60

89.58

115.33

56.96

21.92

Imports

164.01

94.68

154.28

73.22

6.31

Value of non-petroleum and non-gems and jewellery exports in August 2021 was USD 25.15 billion, registering a positive growth of 31.66% over non-petroleum and non-gems and jewellery exports of USD 19.1 billion in August 2020 and a positive growth of 28.53% over non-petroleum and non-gems and jewellery exports of USD 19.57 billion in August 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 26.36 billion in August 2021 with a positive growth of 33.97%over non-oil and non-GJ imports of USD 19.68 billion in August 2020but had a marginal positivegrowth of 2.63% over non-oil and non-GJ imports of USD 25.69 billion in August 2019.

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

 

Value in Billion USD

% Growth

 

Aug-21

Aug-20

Aug-19

Aug21 over Aug20

Aug21 over Aug19

Exports

25.15

19.10

19.57

31.66

28.53

Imports

26.36

19.68

25.69

33.97

2.63

The cumulative value of non-petroleum and non-gems and jewellery exports in April-August 2021 was USD 124.55 billion, an increase of 49.0% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 83.59 billion in April-August 2020 and an increase of 24.99% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.65 billion in April-August 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 132.94 billion in April-August 2021, recording a positive growth of 57.04%, as compared to non-oil and non-GJ imports of USD 84.66 billion in April-August 2020 and a marginal positive growth of 3.32% over USD 128.67 billion in April-August 2019.

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

 

Value in Billion USD

% Growth

 

Apr-Aug21

Apr-Aug20

Apr-Aug19

Apr-Aug21 over Apr-Aug20

Apr-Aug21 over Apr-Aug19

Exports

124.55

83.59

99.65

49.00

24.99

Imports

132.94

84.66

128.67

57.04

3.32

Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in August 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

Aug'21

Aug'20

Aug'21

Aug '21 over Aug '20

Engineering Goods                                          

9631.50

6065.65

29.06

58.79

Petroleum Products                                         

4559.82

1901.64

13.76

139.78

Gems And Jewellery                                         

3428.07

1823.09

10.34

88.04

Organic And Inorganic Chemicals                            

2230.15

1642.82

6.73

35.75

Drugs And Pharmaceuticals                                  

2001.78

1977.76

6.04

1.21

Cotton Yarn/Fabrics/Madeups, Handloom Products Etc.          

1297.82

833.95

3.92

55.62

RMG Of All Textiles                                        

1235.11

1083.53

3.73

13.99

Electronic Goods                                           

1146.63

872.04

3.46

31.49

Plastic And Linoleum                                       

753.30

648.49

2.27

16.16

Rice                                                       

715.24

671.08

2.16

6.58

Total of 10 Major Commodity Groups

26999.42

17520.05

81.47

54.11

Rest

6141.16

5309.23

18.53

15.67

Total Exports

33140.58

22829.29

100.00

45.17

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

Aug.'21

Aug.'20

Aug.'21

Aug.'21 over Aug.'20

Petroleum, Crude & products

11637.86

6451.91

24.76

80.38

Gold

6746.88

3702.53

14.35

82.22

Electronic goods

5910.44

4720.09

12.57

25.22

Machinery, electrical & non-electrical

2914.75

2020.92

6.20

44.23

Pearls, precious & Semi-precious stones

2243.51

1163.26

4.77

92.86

Organic & Inorganic Chemicals

2066.48

1469.05

4.40

40.67

Coal, Coke & Briquettes, etc.

1936.40

1084.77

4.12

78.51

Artificial resins, plastic materials, etc.

1365.19

849.61

2.90

60.69

Iron & Steel

1333.57

640.23

2.84

108.30

Vegetable Oil

1322.01

888.65

2.81

48.77

Total of 10 Major Commodity Groups

37477.09

22991.03

79.73

63.01

Rest

9529.42

8042.98

20.27

18.48

Total Imports

47006.51

31034.01

100.00

51.47

 

Topics

Acts Income Tax
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