India’s merchandise export in April -September 2022-23 was USD 229.05 billion with an increase of 15.54% over USD 198.25 billion in April -September 2021-22.
India has achieved monthly value of merchandise export in September 2022 amounting USD 32.62 billion, decreased by 3.52% over USD 33.81 billion in September 2021. India’s merchandise export in April -September 2022-23 was USD 229.05 billion with an increase of 15.54% over USD 198.25 billion in April -September 2021-22.
Value of non-petroleum exports in September 2022 was 26.54 USD billion, registering a negative growth of only 7.25% over non-petroleum exports of USD 28.62 billion in September 2021. The value of non-petroleum exports in April -September 2022-23 was USD 179.17 billion, an increase of 5.6% over USD 169.67 billion in April -September 2021-22.
Value of non-petroleum and non-gems and jewellery exports in September 2022 was USD 22.9 billion, registering a negative growth of 9.78% over non-petroleum and non-gems and jewellery exports of USD 25.38 billion in September 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -September 2022-23 was USD 158.68 billion, an increase of 5.53% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 150.37 billion in April -September 2021-22.
India’s merchandise import in September 2022 was USD 59.35 billion, an increase of 5.44% over USD 56.29 billion in September 2021. India’s merchandise imports in April -September 2022-23 was USD 378.53 billion with an increase of 37.89% over USD 274.5 billion in April -September 2021-22.
Value of non-petroleum imports was USD 43.75 billion in September 2022 with a positive growth of 10.73% over non-petroleum imports of USD 39.51 billion in September 2021. The cumulative value of non-petroleum imports in April -September 2022-23 was USD 263.54 billion, showing an increase of 28.58% compared to non-oil imports of USD 204.97 billion in April -September 2021-22.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 36.5 billion in September 2022 with a positive growth of 16.78%over non-oil and non-GJ imports of USD 31.26 billion in September 2021.Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -September 2022-23 was USD 222.78 billion, recording a positive growth of 34.45%, as compared to non-oil and non-GJ imports of USD 165.7 billion in April -September 2021-22.
The trade deficit in September 2022 was USD 26.72 billion, while it was 149.47 billion USD during April -September 2022-23. The trade deficit in September 2022 was an improvement over trade deficit of USD 28.68 Billion in August 2022.
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Statement1:India’s Total Trade in Merchandise goods in September 2022
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Value in Billion USD
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SEPT'22
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SEPT'21
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Exports
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32.62
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33.81
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Imports
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59.35
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56.29
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Deficit
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26.72
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22.47
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Statement 2: India’s Total Trade in Merchandise goods in April-September 2022-23
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Value in Billion USD
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APR’22-SEPT'22
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APR’21-SEPT'21
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Exports
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229.05
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198.25
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Imports
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378.53
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274.50
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Deficit
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149.47
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76.25
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Statement 3: Merchandise Non-POL Trade in September 2022
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Value in Billion USD
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SEPT'22
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SEPT'21
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Exports
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26.54
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28.62
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Imports
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43.75
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39.51
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Statement 4: Merchandise Non-POL Trade in April-September 2022-23
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Value in Billion USD
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APR’22-SEPT'22
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APR’21-SEPT'21
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Exports
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179.17
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169.67
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Imports
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263.54
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204.97
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Statement 5: Merchandise Non-POL Non-GJ Trade in September 2022
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Value in Billion USD
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SEPT'22
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SEPT'21
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Exports
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22.90
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25.38
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Imports
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36.50
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31.26
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Statement 6: Merchandise Non-POL Non-GJ Trade in April-September 2022-23
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Value in Billion USD
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APR’22-SEPT'22
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APR’21-SEPT'21
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Exports
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158.68
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150.37
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Imports
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222.78
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165.70
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Top 10 major commodity groups covering 83% of total exports in September 2022, are –
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Statement 7: Exports of Top 10 Major Commodity Groups in September 2022
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Value of Export (Million US$)
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Share (%)
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Major Commodity Group
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September-22
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September-21
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September-22
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Engineering goods
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7818.22
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9417.37
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23.96
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Petroleum products
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6080.05
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5195.49
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18.64
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Gems and Jewellery
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3642.42
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3235.20
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11.17
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Organic and Inorganic chemicals
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2332.92
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2373.29
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7.15
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Drugs and Pharmaceuticals
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2052.78
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2055.40
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6.29
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Electronic goods
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1916.06
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1168.11
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5.87
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RMG of all Textiles
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1020.78
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1301.11
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3.13
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Cotton Yarn/Fabs./Madeups, Handloom products etc.
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767.50
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1310.49
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2.35
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Rice
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733.30
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779.81
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2.25
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Marine products
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693.43
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678.44
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2.13
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Total of 10 Major Commodity Groups
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27057.48
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27514.70
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82.94
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Rest
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5566.06
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6299.91
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17.06
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Total Exports
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32623.54
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33814.61
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100.00
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Top 10 major commodity groups covering 75% of total imports in September 2022, are –
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Statement 8: Imports of Top 10 Major Commodity Groups in September 2022
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Value of Import (Million US$)
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Share (%)
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Major Commodity Group
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September-22
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September-21
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September-22
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Petroleum, Crude & products
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15600.72
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16779.20
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26.29
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Electronic goods
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6877.71
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6882.58
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11.59
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Gold
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3658.13
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5115.76
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6.16
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Machinery, electrical & non-electrical
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3590.63
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3192.32
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6.05
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Coal, Coke & Briquettes, etc.
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3434.33
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2189.06
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5.79
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Transport equipment
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2877.88
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1764.76
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4.85
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Pearls, precious & Semi-precious stones
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2554.99
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2571.63
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4.31
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Organic & Inorganic Chemicals
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2422.15
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2485.79
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4.08
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Vegetable Oil
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1898.62
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1999.92
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3.20
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Iron & Steel
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1819.55
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1347.81
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3.07
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Total of 10 Major Commodity Groups
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44734.71
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44328.83
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75.38
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Rest
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14613.49
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11957.60
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24.62
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Total Imports
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59348.20
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56286.42
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100.00
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Top 10 major commodity groups covering 82% of total exports in April September 2022-23, are –
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Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-September 2022
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Value of Export (Million US$)
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Share (%)
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Major Commodity Group
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April-September 2022-23
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April-September 2021-22
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April-September 2022-23
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Engineering goods
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54456.02
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54518.41
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23.77
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Petroleum products
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49889.66
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28582.46
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21.78
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Gems and Jewellery
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20484.36
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19299.26
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8.94
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Organic and Inorganic chemicals
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15744.19
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13905.05
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6.87
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Drugs and Pharmaceuticals
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12580.51
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11998.79
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5.49
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Electronic goods
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10192.88
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6526.92
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4.45
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RMG of all Textiles
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8126.38
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7333.87
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3.55
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Cotton Yarn/Fabs./Madeups, Handloom products etc.
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5761.87
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7294.97
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2.52
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Rice
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5427.62
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4628.38
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2.37
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Plastic and Linoleum
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4537.37
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4911.83
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1.98
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Total of 10 Major Commodity Groups
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187200.86
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158999.93
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81.73
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Rest
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41854.09
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39250.78
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18.27
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Total Exports
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229054.94
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198250.72
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100.00
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Top 10 major commodity groups covering 78% of total imports in April-September 2022-23, are –
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Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-September 2022
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Value of Import (Million US$)
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Share (%)
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Major Commodity Group
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April-September 2022-23
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April-September 2021-22
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April-September 2022-23
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Petroleum, Crude & products
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114982.23
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69536.68
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30.38
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Electronic goods
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39588.41
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32025.85
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10.46
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Coal, Coke & Briquettes, etc.
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30245.98
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11959.57
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7.99
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Machinery, electrical & non-electrical
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21790.35
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18146.48
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5.76
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Gold
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20077.82
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23906.80
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5.30
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Organic & Inorganic Chemicals
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18689.34
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14000.85
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4.94
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Pearls, precious & Semi-precious stones
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16503.97
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14733.30
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4.36
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Artificial resins, plastic materials, etc.
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12356.69
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9245.13
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3.26
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Transport equipment
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11529.98
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9099.80
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3.05
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Vegetable Oil
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11054.88
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8862.38
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2.92
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Total of 10 Major Commodity Groups
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296819.66
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211516.83
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78.41
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Rest
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81705.78
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62986.41
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21.59
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Total Imports
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378525.44
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274503.24
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100.00
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******
AD/KP/MS