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    August 16, 2026
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August 16, 2026
Mission Samudra to be launched alongside Vizhinjam’s EXIM operations
Show AI Summary
Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
Europe emerges top destination for India's electric car shipments in Q1
Show AI Summary
Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
Govt sets LPG production targets for refiners; Reliance gets largest quota
Show AI Summary
LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Show AI Summary
Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
PM urges farmers to adopt 'chemical-free farming' to tap rising global demand for such food items
Show AI Summary
Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
Govt rolls out foreign asset disclosure scheme for small taxpayers
Show AI Summary
Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
Need one or two Indian pharma firms to be among global top 5: PM Modi
Show AI Summary
Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
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August 15, 2026
Small taxpayers with€™ foreign assets to face 30 pc tax plus penalty; disclosure scheme opens till Dec 31
Show AI Summary
Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
PM urges MSMEs to tap opportunities from FTAs
Show AI Summary
Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
Govt cuts windfall gains tax on petrol, diesel, ATF exports
Show AI Summary
Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
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Modi warns of weaponisation of resources, sea routes; urges energy self-reliance
Show AI Summary
Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.
August 14, 2026
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Show AI Summary
Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
Concessional swap facility attracts USD 56.85 bn forex inflows: RBI
Show AI Summary
Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
The concessional swap facility for FCNR(B) deposits encourages foreign-currency inflows and supports foreign-exchange liquidity. New FCNR(B) deposits eligible for the facility must be mobilised by 31 August 2026, while swaps for eligible deposits may be availed until 11 September 2026. The swap arrangement for External Commercial Borrowings and Overseas Foreign Currency Borrowings remains available until 31 December 2026.
August 14, 2026
DFS Highlights Mechanism for Timely Redressal of Insurance Policyholders’ Grievances
Show AI Summary
Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
Insurance policyholder grievances must first be raised with the concerned insurer, whose Grievance Redressal Officer and Board-level monitoring committee oversee redressal. Complaints received through digital channels, correspondence or call centres are recorded in the insurer's Complaints Management System, integrated with Bima Bharosa. Insurers must acknowledge complaints immediately and resolve them within 14 days. Where no response is received within a reasonable period or the response is unsatisfactory, policyholders may escalate through Bima Bharosa or designated helplines, email or physical correspondence.
August 14, 2026
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Show AI Summary
Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
August 14, 2026
PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINAL INDEX FOR THE MONTH OF MAY 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
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International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.

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Customs, DGFT & SEZ

INDIA’S FOREIGN TRADE: November 2021

December 14, 2021

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INDIA’S FOREIGN TRADE: November 2021

Overall exports rise by 22.8%, imports up by 48.54% over last November

Overall exports in first 8 months of current FY (April-November 2021) jumped by 37.21%, imports shot up by 61.02% over the same period last year

  • India’s overall exports (Merchandise and Services combined) in November 2021* are estimated to be USD 50.36 Billion, exhibiting a positive growth of 22.80 per cent over the same period last year and a positive growth of 15.53 per cent over November 2019. Overall imports in November 2021* are estimated to be USD 64.75 Billion, exhibiting a positive growth of 48.54 per cent over the same period last year and a positive growth of 30.90 per cent over November 2019

Table 1: Trade during November 2021*

 

 

November 2021

(USD Billion)

November 2020

(USD Billion)

November 2019

(USD Billion)

Growth vis-à-vis November 2020 (%)

Growth vis-à-vis November 2019 (%)

Merchandise

Exports

30.04

23.62

25.77

27.16

16.55

Imports

52.94

33.81

38.52

56.58

37.44

Trade Balance

-22.91

-10.19

-12.75

-124.77

-79.65

Services*

Exports

20.33

17.39

17.82

16.88

14.06

Imports

11.81

9.78

10.94

20.71

7.90

Net of Services

8.52

7.61

6.88

11.95

23.84

Overall Trade (Merchandise+

Services)*

Exports

50.36

41.01

43.59

22.80

15.53

Imports

64.75

43.59

49.47

48.54

30.90

Trade Balance

-14.39

-2.58

-5.87

-457.27

-145.04

* Note: The latest data for services sector released by RBI is for October 2021. The data for November 2021 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for 2019, 2020 and April to June 2021 are revised on pro-rata basis using quarterly balance of payments data.

Fig 1: Overall Trade during November 2021*

  • India’s overall exports (Merchandise and Services combined) in April-November 2021* are estimated to be USD 418.74 Billion, exhibiting a positive growth of 37.21 per cent over the same period last year and a positive growth of 19.13 per cent over April-November 2019. Overall imports in April-November 2021* are estimated to be USD 472.95 Billion, exhibiting a positive growth of 61.02 per cent over the same period last year and a positive growth of 15.39 per cent over April-November 2019.

Table 2: Trade during April-November 2021*

 

 

April-November 2021

(USD Billion)

April-November 2020

(USD Billion)

April-November 2019

(USD Billion)

Growth vis-à-vis April-November 2020 (%)

Growth vis-à-vis April-November 2019 (%)

Merchandise

Exports

263.57

174.16

211.17

51.34

24.82

Imports

384.34

219.82

324.59

74.84

18.41

Trade Balance

-120.76

-45.66

-113.42

-164.49

-6.47

Services*

Exports

155.17

131.02

140.32

18.43

10.58

Imports

88.61

73.89

85.26

19.92

3.92

Net of Services

66.56

57.13

55.06

16.50

20.88

Overall Trade (Merchandise+

Services)*

Exports

418.74

305.19

351.49

37.21

19.13

Imports

472.95

293.71

409.85

61.02

15.39

Trade Balance

-54.21

11.47

-58.36

-572.43

7.12

* Note: The latest data for services sector released by RBI is for October 2021. The data for November 2021 is an estimation, which will be revised based on RBI’s subsequent release. (ii) Data for 2019, 2020 and April to June 2021 are revised on pro-rata basis using quarterly balance of payments data.

Fig 2: Overall Trade during April-November 2021*

MERCHANDISE TRADE

  • Merchandise exports in November 2021 were USD 30.04 Billion, as compared to USD 23.62 Billion in November 2020, exhibiting a positive growth of 27.16 per cent. As compared to November 2019, exports in November 2021 exhibited a positive growth of 16.55 per cent.
  • Merchandise imports in November 2021 were USD 52.94 Billion, which is an increase of 56.58 per cent over imports of USD 33.81 Billion in November 2020. Imports in November 2021 have registered a positive growth of 37.44 per cent in comparison to November 2019.
  • The merchandise trade balance for November 2021 was estimated at USD (-) 22.91 Billion as against USD (-) 10.19 Billion in November 2020, which is a decline of (-) 124.77 per cent. As compared to November 2019 (USD (-) 12.75 Billion), trade balance in November 2021 exhibited a negative growth of (-) 79.65 per cent.

Fig 3: Merchandise Trade during November 2021

  • Merchandise exports for the period April-November 2021 was USD 263.57 Billion as against USD 174.16 Billion during the period April-November 2020, registering a positive growth of 51.34 per cent. As compared to April-November 2019, exports in April-November 2021 exhibited a positive growth of 24.82 per cent.
  • Merchandise imports for the period April-November 2021 was USD 384.34 Billion as against USD 219.82 Billion during the period April-November 2020, registering a positive growth of 74.84 per cent. Imports in April-November 2021 have registered a positive growth of 18.41 per cent in comparison to April-November 2019.
  • The merchandise trade balance for April-November 2021 was estimated at USD (-) 120.76 Billion as against USD (-) 45.66 Billion in April-November 2020, which is a decline of (-) 164.49 per cent. As compared to April-November 2019 (USD (-) 113.42 Billion), trade balance in April-November 2021 exhibited a negative growth of (-) 6.47 per cent.

Fig 4: Merchandise Trade during April- November 2021

  • Non-petroleum and non-gems & jewellery exports in November 2021 were USD 23.68 Billion, registering a positive growth of 22.26 per cent over non-petroleum and non-gems & jewellery exports of USD 19.37 Billion in November 2020 and a positive growth of 22.28 per cent over non-petroleum and non-gems & jewellery exports of USD 19.37 Billion in November 2019.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports were USD 31.82 Billion in November 2021 with a positive growth of 40.64 per cent over Non-petroleum, non-gems & jewellery imports of USD 22.63 Billion in November 2020 and a positive growth of 41.82 per cent over Non-petroleum, non-gems & jewellery imports of USD 22.44 Billion in November 2019.

Table 3: Trade excluding Petroleum and Gems & Jewellery during November 2021

 

November 2021

(USD Billion)

November 2020

(USD Billion)

November 2019

(USD Billion)

Growth vis-à-vis November 2020 (%)

Growth vis-à-vis November 2019 (%)

Non- petroleum exports

26.08

22.06

21.95

18.19

18.78

Non- petroleum imports

38.27

27.50

27.45

39.17

39.38

Non-petroleum & Non Gems & Jewellery exports

23.68

19.37

19.37

22.26

22.28

Non-petroleum & Non Gems & Jewellery imports*

31.82

22.63

22.44

40.64

41.82

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 5: Trade excluding Petroleum and Gems & Jewellery during November 2021

  • Non-petroleum and non-gems & jewellery exports during April-November 2021 was USD 199.67 Billion, an increase of 38.08 per cent over non-petroleum and non-gems & jewellery exports of USD 144.60 Billion in April-November 2020 and an increase of 27.11 per cent over non-petroleum and non-gems & jewellery exports of USD 157.09 Billion in April-November 2019.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports were USD 227.96 Billion in April-November 2021, recording a positive growth of 48.89 per cent, as compared to Non-petroleum, non-gems & jewellery imports of USD 153.11 Billion in April-November 2020 and a positive growth of 13.48 per cent over USD 200.89 Billion in April-November 2019.

Table 4: Trade excluding Petroleum and Gems & Jewellery during April-November 2021

 

April-November 2021

(USD Billion)

April-November 2020

(USD Billion)

April-November 2019

(USD Billion)

Growth vis-à-vis April-November 2020 (%)

Growth vis-à-vis April-November 2019 (%)

Non- petroleum exports

225.59

158.91

182.66

41.96

23.50

Non- petroleum imports

282.25

175.50

238.60

60.83

18.29

Non-petroleum & Non Gems & Jewellery exports

199.67

144.60

157.09

38.08

27.11

Non-petroleum & Non Gems & Jewellery imports*

227.96

153.11

200.89

48.89

13.48

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 6: Trade excluding Petroleum and Gems &Jewellery during April-November 2021

SERVICES TRADE

  • The estimated value of services export for November 2021* is USD 20.33 Billion, exhibiting a positive growth of 16.88 per cent vis-a-vis November 2020 (USD 17.39 Billion) and a positive growth of 14.06 per cent vis-à-vis November 2019 (USD 17.82 Billion).
  • The estimated value of services import for November 2021* is USD 11.81 Billion exhibiting a positive growth of 20.71 per cent vis-à-vis November 2020 (USD 9.78 Billion) and a positive growth of 7.90 per cent vis-à-vis November 2019 (USD 10.94 Billion).
  • The services trade balance in November 2021* is estimated at USD 8.52 Billion, which is an increase of 11.95 per cent over November 2020 (USD 7.61 Billion) and an increase of 23.84 per cent over November 2019 (USD 6.88 Billion).

Fig 7: Services Trade during November 2021*

  • The estimated value of services export for April-November 2021* is USD 155.17 Billion, exhibiting a positive growth of 18.43 per cent vis-a-vis April-November 2020 (USD 131.02 Billion) and a positive growth of 10.58 per cent vis-à-vis April-November 2019 (USD 140.32 Billion).
  • The estimated value of services imports for April-November 2021* is USD 88.61 Billion exhibiting a positive growth of 19.92 per cent vis-à-vis April-November 2020 (USD 73.89 Billion) and a positive growth of 3.92 per cent vis-à-vis April-November 2019 (USD 85.26 Billion).
  • The services trade balance for April-November 2021 was estimated at USD 66.56 Billion as against USD 57.13 Billion in April-November 2020, which is an increase of 16.50 per cent. As compared to April-November 2019 (USD 55.06 Billion), net of services in April-November 2021 exhibited a positive growth of 20.88 per cent.

Fig 8: Services Trade during April-November 2021*

Table 5: Export Growth in Commodity Groups in November 2021

Sl. No.

Commodities

(Values in Million USD)

% Change

NOV'20

NOV'21

NOV'21

 

Commodity groups exhibiting positive growth

1

Petroleum Products

1557.36

3959.13

154.22

2

Coffee

45.08

75.34

67.12

3

Plastic & Linoleum

507.25

724.39

42.81

4

Cotton Yarn/Fabs./made-ups, Handloom Products etc.

872.55

1227.83

40.72

5

Engineering Goods

5896.67

8077.46

36.98

6

Other cereals

63.21

85.42

35.14

7

Organic & Inorganic Chemicals

1694.92

2246.50

32.54

8

Leather & leather products

273.30

356.56

30.47

9

Jute Mfg. including Floor Covering

32.76

42.63

30.11

10

Electronic Goods

1121.17

1455.58

29.83

11

Marine Products

586.64

754.00

28.53

12

Man-made Yarn/Fabs./made-ups etc.

340.54

428.36

25.79

13

Mica, Coal & Other Ores, Minerals including processed minerals

326.82

394.49

20.71

14

Rice

563.72

658.90

16.89

15

Fruits & Vegetables

161.80

186.58

15.31

16

Cereal preparations & miscellaneous processed items

154.88

163.84

5.79

17

RMG of all Textiles

1043.75

1072.17

2.72

18

Spices

313.86

317.72

1.23

19

Carpet

146.95

148.63

1.15

Sl. No.

Commodities

(Values in Million USD)

% Change

NOV'20

NOV'21

NOV'21

 

Commodity Groups exhibiting negative growth

20

Iron Ore

328.58

23.05

-92.98

21

Oil Meals

140.15

104.39

-25.51

22

Tobacco

76.69

62.72

-18.21

23

Tea

71.61

62.58

-12.62

24

Oil seeds

153.22

135.69

-11.44

25

Gems & Jewellery

2690.83

2392.20

-11.10

26

Handicrafts excl. hand made carpet

173.38

159.71

-7.89

27

Drugs & Pharmaceuticals

1963.40

1825.36

-7.03

28

Ceramic products & glassware

263.48

251.09

-4.70

29

Meat, dairy & poultry products

392.59

379.06

-3.45

30

Cashew

37.72

36.91

-2.15

Table 6: Import Growth in Commodity Groups in November 2021

Sl. No.

Commodities

(Values in Million USD)

% Change

NOV'20

NOV'21

NOV'21

 

Commodity Groups exhibiting positive growth

1

Silver

9.27

244.56

2538.19

2

Sulphur & Unroasted Iron Pyrts

9.32

47.87

413.63

3

Coal, Coke & Briquettes, etc.

1517.08

3577.42

135.81

4

Petroleum, Crude & products

6314.81

14677.80

132.43

5

Metaliferrous ores & other minerals

434.15

963.15

121.85

6

Pulp and Waste paper

67.22

148.30

120.62

7

Project goods

64.79

122.33

88.81

8

 Vegetable Oil

981.38

1754.92

78.82

9

Organic & Inorganic Chemicals

1515.51

2523.91

66.54

10

Newsprint

14.84

24.70

66.44

11

Artificial resins, plastic materials, etc.

1156.63

1859.00

60.73

12

Fertilisers, Crude & manufactured

898.16

1442.40

60.59

13

Dyeing/tanning/colouring mtrls.

233.84

359.98

53.94

14

Leather & leather products

45.11

68.22

51.23

15

Iron & Steel

986.14

1485.81

50.67

16

Gold

3022.59

4221.66

39.67

17

Cotton Raw & Waste

18.94

26.17

38.17

18

Medcnl. & Pharmaceutical products

534.89

735.70

37.54

19

Wood &  Wood products

361.92

487.63

34.73

20

Machine tools

248.17

333.30

34.30

21

Non-ferrous metals

1154.69

1521.16

31.74

22

Textile yarn Fabric, made-up articles

139.91

181.84

29.97

23

Machinery, electrical & non-electrical

2568.89

3274.31

27.46

24

Pulses

223.42

275.99

23.53

25

Electronic goods

4695.06

5714.68

21.72

26

Chemical material & products

785.06

912.58

16.24

27

Professional instrument, Optical goods, etc.

374.05

413.43

10.53

28

Pearls, precious & Semi-precious stones

1839.14

1978.67

7.59

Sl. No.

Commodities

(Values in Million USD)

% Change

NOV'20

NOV'21

NOV'21

 

Commodity Groups exhibiting negative growth

29

Transport equipment

1682.44

1357.83

-19.29

30

Fruits & vegetables

303.12

258.56

-14.70

Table 7: MERCHANDISE TRADE

EXPORTS & IMPORTS: (Rs. Crore)

(PROVISIONAL)

 

NOVEMBER

APRIL-NOVEMBER

EXPORTS(including re-exports)

 

 

2019-20

1,84,142.27

14,84,386.50

2020-21

1,75,306.78

12,99,725.47

2021-22

2,23,755.78

19,53,860.28

%Growth 2021-22/ 2020-21

27.64

50.33

%Growth 2021-22/ 2019-20

21.51

31.63

IMPORTS

 

 

2019-20

2,75,255.20

22,80,659.04

2020-21

2,50,954.16

16,40,286.15

2021-22

3,94,419.58

28,50,142.12

%Growth 2021-22/ 2020-21

57.17

73.76

%Growth 2021-22/ 2019-20

43.29

24.97

TRADE BALANCE

 

 

2019-20

-91,112.93

-7,96,272.55

2020-21

-75,647.38

-3,40,560.67

2021-22

-1,70,663.80

-8,96,281.84

Table 8: SERVICES TRADE

EXPORTS & IMPORTS (SERVICES) : (US $ Billion)

 

(PROVISIONAL)

October 2021

April-

October 2021

EXPORTS (Receipts)

19.85

134.84

IMPORTS (Payments)

11.61

76.80

TRADE BALANCE

8.24

58.04

 

 

 

EXPORTS & IMPORTS (SERVICES): (Rs. Crore)

 

(PROVISIONAL)

October 2021

April-

October 2021

EXPORTS (Receipts)

1,48,669.41

9,98,707.75

IMPORTS (Payments)

86,939.21

5,68,891.46

TRADE BALANCE

61,730.21

4,29,816.29

Source: RBI Press Release dated 1stDecember 2021

 

 

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