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      Home› news › Customs, DGFT & SEZ › 2022 › April, 2022 › This
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      India achieves an all-time high annual merchandise exports, touching USD 417.81 billion in FY 2021-22, an increase of 43.18% over USD 291.81 billion in previous fiscal

      April 4, 2022

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      India achieves an all-time high annual merchandise exports, touching USD 417.81 billion in FY 2021-22, an increase of 43.18% over USD 291.81 billion in previous fiscal

      For the first time, monthly merchandise exports exceed USD 40 Billion, reaching USD 40.38 billion in March 2022, an increase of 14.53% over March 2021

      INDIA’S MERCHANDISE TRADE: Preliminary Data March 2022

      India achieved an all-time high annual merchandise exports of USD 417.81 billion in FY 2021-22, an increase of 43.18% over USD 291.81 billion in FY2020-21 and an increase of 33.33% over USD 313.36 billion in FY2019-20.

      https://static.pib.gov.in/WriteReadData/userfiles/image/image0011JLU.png  https://static.pib.gov.in/WriteReadData/userfiles/image/image002SXFY.png

      For the first time, India’s monthly merchandise exports exceeded USD 40 Billion, reaching USD 40.38 billion in March 2022, an increase of 14.53% over USD 35.26 billion in March 2021 and an increase of 87.89% over USD 21.49 billion in March 2020.

      India’s merchandise import in March 2022 was USD 59.07 billion, an increase of 20.79% over USD 48.90 billion in March 2021 and an increase of 87.68% over USD 31.47 billion in March 2020.

      https://static.pib.gov.in/WriteReadData/userfiles/image/image003E0WK.png https://static.pib.gov.in/WriteReadData/userfiles/image/image004ROTR.png

      India’s merchandise import in April 2021-March 2022 was USD 610.22 billion, an increase of 54.71% over USD 394.44 billion in April 2020-March 2021 and an increase of 28.55% over USD 474.71 billion in April 2019-March 2020.

      The trade deficit in March 2022 was USD 18.69 billion, while it was USD 192.41 billion during April 2021-March 2022.

      Statement 1: India’s Total Trade in Merchandise goods in March2022

       

      Value in Billion USD

      % Growth

      Mar-22

      Mar-21

      Mar-20

      Mar-22 over Mar-21

      Mar-22 over Mar-20

      Exports

      40.38

      35.26

      21.49

      14.53

      87.89

      Imports

      59.07

      48.90

      31.47

      20.79

      87.68

      Deficit

      18.69

      13.64

      9.98

      36.97

      87.23

       

      Statement 2: India’s Total Trade in Merchandise goods in Apr 2021-Mar2022

       

      Value in Billion USD

      % Growth

      Apr21-Mar22

      Apr20-Mar21

      Apr19-Mar20

      Apr21-Mar22 over Apr20-Mar21

      Apr21-Mar22 over Apr19-Mar20

      Exports

      417.81

      291.81

      313.36

      43.18

      33.33

      Imports

      610.22

      394.44

      474.71

      54.71

      28.55

      Deficit

      192.41

      102.63

      161.35

      87.49

      19.25

       

      https://static.pib.gov.in/WriteReadData/userfiles/image/image005XSBM.png

      https://static.pib.gov.in/WriteReadData/userfiles/image/image0066YRB.png

      Value of non-petroleum exports in March 2022 was 33.00 USD billion, registering a positive growth of 4.28% over non-petroleum exports of USD 31.65 billion in March 2021 and a positive growth of 73.94% over non-petroleum exports of USD 18.97 billion in March 2020.

      Value of non-petroleum imports was USD 40.66 billion in March 2022 with a positive growth of 5.26% over non-petroleum imports of USD 38.63 billion in March 2021 and a positive growth of 89.79% over non-petroleum imports of USD 21.42 billion in March 2020.

      Statement 3: Merchandise Non-POL Trade in March 2022

       

      Value in Billion USD

      % Growth

       

      Mar-22

      Mar-21

      Mar-20

      Mar-22 over Mar-21

      Mar-22 over Mar-20

      Exports

      33.00

      31.65

      18.97

      4.28

      73.94

      Imports

      40.66

      38.63

      21.42

      5.26

      89.79

      The cumulative value of non-petroleum exports in April 2021-March 2022 was USD 352.76 billion, an increase of 32.62% over USD 266.00 billion in April 2020-March 2021 and an increase of 29.66% over USD 272.07 billion in April 2019-March 2020.

      The cumulative value of non-petroleum imports in April 2021-March 2022 was USD 449.54 billion, showing an increase of 44.2% compared to non-oil imports of USD 311.75 billion in April 2020-March 2021 and an increase of 30.62% compared to non-oil imports of USD 344.16 billion in April 2019-March 2020.

      Statement 4: Merchandise Non-POL Trade Apr 2021-Mar 2022

       

      Value in Billion USD

      % Growth

       

      Apr21-Mar22

      Apr20-Mar21

      Apr19-Mar20

      Apr21-Mar22 over Apr20-Mar21

      Apr21-Mar22 over Apr19-Mar20

      Exports

      352.76

      266.00

      272.07

      32.62

      29.66

      Imports

      449.54

      311.75

      344.16

      44.20

      30.62

      Value of non-petroleum and non-gems and jewellery exports in March 2022 was USD 29.38 billion, registering a positive growth of 4.79% over non-petroleum and non-gems and jewellery exports of USD 28.03 billion in March 2021 and a positive growth of 73.28% over non-petroleum and non-gems and jewellery exports of USD 16.95 billion in March 2020.

      Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 36.18 billion in March 2022 with a positive growth of 31.21% over non-oil and non-GJ imports of USD 27.58 billion in March 2021 and a positive growth of 93.52% over non-oil and non-GJ imports of USD 18.70 billion in March 2020.

      Statement 5: Merchandise Non-POL Non-GJ Trade in March 2022

       

      Value in Billion USD

      % Growth

       

      Mar-22

      Mar-21

      Mar-20

      Mar-22 over Mar-21

      Mar-22 over Mar-20

      Exports

      29.38

      28.03

      16.95

      4.79

      73.28

      Imports

      36.18

      27.58

      18.70

      31.21

      93.52

      The cumulative value of non-petroleum and non-gems and jewellery exports in April 2021-March 2022 was USD 313.82 billion, an increase of 30.77% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 239.98 billion in April 2020-March 2021 and an increase of 32.88% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 236.17 billion in April 2019-March 2020.

      Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 369.19 billion in April 2021-March 2022, recording a positive growth of 43.39%, as compared to non-oil and non-GJ imports of USD 257.47 billion in April 2020-March 2021 and a positive growth of 26.98% over USD 290.74 billion in April 2019-March 2020.

      Statement 6: Merchandise Non-POL Non-GJ Trade Apr 2021-Mar 2022

       

      Value in Billion USD

      % Growth

       

      Apr21-Mar22

      Apr20-Mar21

      Apr19-Mar20

      Apr21-Mar22 over Apr20-Mar21

      Apr21-Mar22

      over Apr19-Mar20

      Exports

      313.82

      239.98

      236.17

      30.77

      32.88

      Imports

      369.19

      257.47

      290.74

      43.39

      26.98

      Top 10 major commodity groups covering 81% of total exports in March 2022, are –

      Statement 7: Exports of Top 10 Major Commodity Groups in March 2022

       

      Value of Export (Million US$)

      Share (%)

      Growth (%)

      Major Commodity Group

      Mar-22

      Mar-21

      Mar-22

      Mar-22

      over Mar-21

      Engineering goods                                          

      10470.80

      9298.36

      25.93

      12.61

      Petroleum products                                         

      7377.07

      3609.36

      18.27

      104.39

      Gems and Jewellery                                         

      3624.34

      3613.01

      8.98

      0.31

      Organic and Inorganic chemicals                            

      2649.59

      2288.87

      6.56

      15.76

      Drugs and Pharmaceuticals                                  

      2261.65

      2295.05

      5.60

      -1.46

      Electronic goods                                           

      1740.56

      1400.67

      4.31

      24.27

      RMG of all Textiles                                        

      1661.50

      1425.95

      4.11

      16.52

      Cotton Yarn/Fabs./Madeups, Handloom products etc.          

      1290.26

      1105.05

      3.20

      16.76

      Rice                                                       

      985.48

      1116.54

      2.44

      -11.74

      Plastic and Linoleum                                       

      811.53

      719.54

      2.01

      12.78

      Total of 10 Major Commodity Groups

      32872.78

      26872.40

      81.41

      22.33

      Rest

      7506.82

      8384.20

      18.59

      -10.46

      Total Exports

      40379.59

      35256.60

      100.00

      14.53

      Top 10 major commodity groups covering 81% of total imports in March 2022, are – 

      Statement 8: Imports of Top 10 Major Commodity Groups in March 2022

       

      Import (Million US$)

      Share (%)

      Growth (%)

      Major Commodity Group

      Mar-22

      Mar-21

      Mar-22

      Mar-22 over

      Mar-21

      Petroleum, Crude & products

      18406.97

      10271.38

      31.16

      79.21

      Electronic goods

      8293.79

      5864.15

      14.04

      41.43

      Coal, Coke & Briquettes, etc.

      4390.95

      1735.74

      7.43

      152.97

      Machinery, electrical & non-electrical

      3457.83

      3513.68

      5.85

      -1.59

      Pearls, precious & Semi-precious stones

      3337.02

      2547.27

      5.65

      31.00

      Organic & Inorganic Chemicals

      2720.91

      2102.57

      4.61

      29.41

      Transport equipment

      1993.64

      2210.75

      3.38

      -9.82

      Artificial resins, plastic materials, etc.

      1861.93

      1719.92

      3.15

      8.26

      Vegetable Oil

      1674.59

      1076.81

      2.84

      55.51

      Fertilisers, Crude & manufactured

      1615.96

      204.16

      2.74

      691.50

      Total of 10 Major Commodity Groups

      47753.59

      31246.42

      80.85

      52.83

      Rest

      11312.37

      17652.44

      19.15

      -35.92

      Total Imports

      59065.96

      48898.86

      100.00

      20.79

      Top 10 major commodity groups covering 80% of total exports in April 2021-March 2022, are – 

      Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-March 2022

       

      Value of Export (Million US$)

      Share (%)

      Growth (%)

      Major Commodity Group

      Apr21-Mar22

      Apr20-Mar21

      Apr21-Mar22

      Apr21-Mar22 

      over Apr20-Mar21

      Engineering goods                                          

      111632.94

      76719.60

      26.72

      45.51

      Petroleum products                                         

      65044.80

      25804.37

      15.57

      152.07

      Gems and Jewellery                                         

      38942.88

      26022.82

      9.32

      49.65

      Organic and Inorganic chemicals                            

      29152.67

      22088.48

      6.98

      31.98

      Drugs and Pharmaceuticals                                  

      24475.36

      24444.03

      5.86

      0.13

      RMG of all Textiles                                        

      15936.70

      12272.21

      3.81

      29.86

      Electronic goods                                           

      15588.06

      11093.29

      3.73

      40.52

      Cotton Yarn/Fabs./Madeups, Handloom products etc.          

      15244.20

      9827.89

      3.65

      55.11

      Plastic and Linoleum                                       

      9783.35

      7462.85

      2.34

      31.09

      Rice                                                       

      9625.50

      8829.21

      2.30

      9.02

      Total of 10 Major Commodity Groups

      335426.46

      224564.75

      80.28

      49.37

      Rest

      82382.75

      67243.73

      19.72

      22.51

      Total Exports

      417809.21

      291808.48

      100.00

      43.18

      Top 10 major commodity groups covering 77% of total imports in April 2021-March 2022, are – 

      Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-March 2022

       

      Import (Million US$)

      Share (%)

      Growth (%)

      Major Commodity Group

      Apr21-Mar22

      Apr20-Mar21

      Apr21-Mar22

      Apr21-Mar22 over

      Apr20-Mar21

      Petroleum, Crude & products

      160683.24

      82683.87

      26.33

      94.33

      Electronic goods

      73067.90

      54287.93

      11.97

      34.59

      Gold

      46140.66

      34603.92

      7.56

      33.34

      Machinery, electrical & non-electrical

      39853.08

      30084.48

      6.53

      32.47

      Coal, Coke & Briquettes, etc.

      31514.97

      16274.53

      5.16

      93.65

      Pearls, precious & Semi-precious stones

      30927.82

      18887.96

      5.07

      63.74

      Organic & Inorganic Chemicals

      30222.86

      19825.35

      4.95

      52.45

      Transport equipment

      20206.07

      18649.18

      3.31

      8.35

      Artificial resins, plastic materials, etc.

      20104.96

      13510.01

      3.29

      48.82

      Vegetable Oil

      18931.51

      11089.11

      3.10

      70.72

      Total of 10 Major Commodity Groups

      471653.07

      299896.33

      77.29

      57.27

      Rest

      138568.35

      94539.54

      22.71

      46.57

      Total Imports

      610221.42

      394435.87

      100.00

      54.71

       

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