Ministry of Commerce & Industry
INDIA’S MERCHANDISE TRADE: Preliminary Data, May 2021
India’s merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39% over May 2020 and an increase of 7.93% over May 2019
India’s merchandise imports in May 2021 was USD 38.53 billion, an increase of 68.54% over May 2020 and a decline of 17.47% over May 2019
Value of non-petroleum and non-gems and jewellery exports in May 2021 was USD 23.97 billion, a positive growth of 45.96% over May 2020 and a positive growth of 11.51% over May 2019
Non-oil, non-GJ imports was USD 26.14 billion in May 2021, a positive growth of 41.32% over May 2020 and a negative growth of 4.08% over May 2019
Top 5 commodity groups of export which have recorded positive growth during May 2021 vis-à-vis May 2020 are: Other Cereals, Jute mfg. including Floor Covering, Petroleum Products, Handicrafts excl. Handmade Carpet, and Gems and Jewellery (179.16%)
Top 5 commodity groups of export which have recorded positive growth during May 2021 vis-à-vis May 2019 are: Other Cereals, Iron Ore, Cereal Preparations And Miscellaneous Processed Item, Cotton yarn/fabs./madeups, handloom products etc, and Jute mfg. Including floor covering
Top 5 commodity groups of import which have shown a fall in May 2021 vis-à-vis May 2020 are: Silver, Newsprint, Pulses, Transport equipment, and Iron & Steel
Top 5 commodity groups of import which have shown a fall in May 2021 vis-à-vis May 2019 which are: Silver, Gold, Newsprint, Transport equipment, and Pulses
Posted On:
02 JUN 2021 11:55AM by PIB Delhi
India’s merchandise exports in May 2021 was USD 32.21 billion, an increase of 67.39% over USD 19.24 billion in May 2020 and an increase of 7.93% over USD 29.85 billion in May 2019. India’s merchandise exports in Apr-May 2021 was USD 62.84 billion, an increase of 112.29% over USD 29.6 billion in Apr-May 2020 and an increase of 12.44% over USD 55.88 billion in Apr-May 2019.
India’s merchandise imports in May 2021 was USD 38.53 billion, an increase of 68.54% over USD 22.86 billion in May 2020 and a decline of 17.47% over USD 46.68 billion in May 2019. India’s merchandise imports in Apr-May 2021 was USD 84.25 billion, an increase of 110.73% over USD 39.98 billion in Apr-May 2020 and a decrease of 5.41% over USD 89.07 billion in Apr-May 2019.
India is thus a net importer in May 2021 with a trade deficit of USD 6.32 billion, increase of 74.69% over trade deficit USD 3.62 billion in May 2020 and reduction by 62.49% over trade deficit USD 16.84 billion in May 2019.
In May 2021, the value of non-petroleum exports was USD 26.94 billion, registering a positive growth of 54.06% over USD 17.49 billion in May 2020 and a positive growth of 8.08% over USD 24.92 billion in May 2019. The value of non-petroleum and non-gems and jewellery exports in May 2021 was USD 23.97 billion, registering a positive growth of 45.96% over USD 16.42 billion in May 2020 and a positive growth of 11.51% over USD 21.5 billion in May 2019. The cumulative value of non-petroleum and non-gems and jewellery exports in April-May 2021 was USD 47.59 billion, an increase of 86.64% over USD 25.5 billion in April-May 2020 and an increase of 15.78% over USD 41.11 billion in April-May 2019.
In May 2021, Oil imports was USD 9.45 billion, a positive growth of 164.46% compared to USD 3.57 billion in May 2020 and a negative growth of 24.94 compared to USD 12.59 billion in May 2019. In Apr-May 2021, Oil imports was USD 20.32 billion, a positive growth of 146.79% compared to USD 8.24 billion in Apr-May 2020 and a negative growth of 15.86 compared to USD 24.16 billion in Apr-May 2019.
Non-oil imports in May 2021 was estimated at USD 29.08 billion, showing an increase of 50.77% compared to USD 19.29 billion in May 2020 and a decrease of 14.71% compared to USD 34.09 billion in May 2019. Non-oil imports in Apr-May 2021 was estimated at USD 63.93 billion, showing an increase of 101.37% compared to USD 31.75 billion in Apr-May 2020 and a decrease of 1.52% compared to USD 64.91 billion in Apr-May 2019.
Non-oil, non-GJ (gold, silver & Precious metals) imports was USD 26.14 billion in May 2021, recording a positive growth of 41.32%, as compared to non-oil and non-GJ imports of USD 18.5 billion in May 2020 and a negative growth of 4.08% over USD 27.25 billion in May 2019. Non-oil, non-GJ (gold, silver &Precious metals) imports was USD 52.27 billion in Apr-May 2021, recording a positive growth of 69.44%, as compared to non-oil and non-GJ imports of USD 30.85 billion in Apr-May 2020 and a positive growth of 1.07% over USD 51.71 billion in Apr-May 2019.
Major commodity groups of export showing positive growth in May 2021 over May 2019 are: Other cereals (376.04%), Iron ore (154.82%), Cereal preparations and miscellaneous processed item (25.48%), Cotton yarn/fabrics/made-ups, handloom products etc. (24.85%), Jute mfg. including floor covering (20.99%), Rice (20.37%), Ceramic products and glassware (20.32%), Engineering goods (16.09%), Plastic and linoleum (12.91%), Mica, coal and other ores, minerals including process (12.0%), Carpet (11.21%), Drugs and pharmaceuticals (10.92%), Marine products (9.35%), Spices (9.13%), Meat, dairy and poultry products (7.52%), Petroleum products (7.16%), Organic and Inorganic Chemicals (6.26%), Electronic Goods (5.1%), and Man-made yarn/fabrics/made-ups etc. (1.46%).
Major commodity groups of export showing negative growth in May 2021 over May 2019 are: Leather and leather manufactures (-36.48%), Tea (-29.43%%), RMG of All Textiles (-27.59%), Oil Seeds (-24.47%), Oil meals (-19.49%), Handicrafts excl. Hand-made carpet (-19.48%), Gems and Jewellery (-13.4%), Fruits and vegetables (-8.32%), Cashew (-7.11%), Coffee (-4.71%), and Tobacco (-0.78%).
Major commodity groups of import showing positive growth in May 2021 over May 2019 are: Sulphur & Unroasted Iron Pyrites (472.02%), Professional instrument, Optical goods, etc. (112.98%), Vegetable Oil (75.12%), Chemical material & products (45.91%), Pearls, precious & Semi-precious stones (33.75%), Medcnl. & Pharmaceutical products (29.38%), Artificial resins, plastic materials, etc. (16.34%), Pulp and Waste paper (14.53%), Metaliferrous ores & other minerals (11.42%), and Organic & Inorganic Chemicals (6.88%).
Major commodity groups of import showing negative growth in May 2021 over May 2019 are: Silver (-95.9%), Gold (-85.79%), Newsprint (-69.28%), Transport equipment (-50.81%), Pulses (-49.65%), Cotton Raw & Waste (-39.94%), Leather & leather products (-37.19%), Petroleum, Crude & products (-24.94%), Iron & Steel (-21.83%), Coal, Coke & Briquettes, etc.(-16.8%), Textile yarn Fabric, made-up articles (-14.48%), Machine tools (-13.05%), Electronic goods (-12.12%), Machinery, electrical & non-electrical (-11.5%), Fruits & vegetables (-6.31%), Fertilizers, Crude & manufactured (-5.28%), Project Goods (-4.25%), Wood & Wood products (-3.16%), Dyeing/tanning/colouring materials (-1.86%), and Non-ferrous metals (-0.63%).
MERCHANDISE TRADE: Preliminary Data, May 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
|
29.85
|
19.24
|
32.21
|
67.39
|
7.93
|
24.92
|
17.49
|
26.94
|
54.06
|
8.08
|
21.50
|
16.42
|
23.97
|
45.96
|
11.51
|
|
Imports
|
46.68
|
22.86
|
38.53
|
68.54
|
-17.47
|
34.09
|
19.29
|
29.08
|
50.77
|
-14.71
|
27.25
|
18.50
|
26.14
|
41.32
|
-4.08
|
|
Deficit
|
16.84
|
3.62
|
6.32
|
74.69
|
-62.49
|
9.17
|
1.80
|
2.14
|
18.82
|
-76.65
|
5.75
|
2.07
|
2.17
|
4.57
|
-62.31
|
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 (MAY’21 OVER MAY’20)
|
Petroleum products
|
3516.63
|
199.85
|
Drugs and pharmaceuticals
|
-107.20
|
-5.42
|
|
Engineering goods
|
3000.43
|
53.14
|
Fruits and vegetables
|
-21.15
|
-10.63
|
|
Gems and jewellery
|
1904.94
|
179.16
|
Oil seeds
|
-5.58
|
-7.08
|
|
EXPORT (MAY ’20 OVER MAY’19)
|
Drugs and pharmaceuticals
|
291.41
|
17.27
|
Petroleum products
|
-3163.92
|
-64.26
|
|
Iron ore
|
231.69
|
102.75
|
Gems and jewellery
|
-2364.35
|
-68.98
|
|
Rice
|
46.54
|
7.26
|
Engineering goods
|
-1802.32
|
-24.20
|
|
EXPORT (MAY ’21 OVER MAY’19)
|
Engineering goods
|
1198.11
|
16.09
|
Gems and jewellery
|
-459.40
|
-13.40
|
|
Petroleum products
|
352.71
|
7.16
|
Rmg of all textiles
|
-421.74
|
-27.59
|
|
Iron ore
|
349.08
|
154.82
|
Leather and leather manufacturers
|
-155.69
|
-36.48
|
|
|
Top Increase
|
Top Decline
|
|
|
Commodity group
|
Change (USD Million)
|
% change
|
Commodity group
|
Change (USD Million)
|
% change
|
|
IMPORT May’21 OVER May’20)
|
Petroleum, Crude & products
|
5878.19
|
164.46
|
Silver
|
-318.47
|
-95.31
|
|
Pearls, precious & Semi-precious stones
|
1864.77
|
490.39
|
Transport equipment
|
-213.00
|
-15.32
|
|
Electronic goods
|
1368.17
|
47.55
|
Iron & Steel
|
-37.08
|
-3.04
|
|
IMPORT (May’20 OVER May’19)
|
Sulphur & Unroasted Iron Pyrts
|
2.88
|
56.72
|
Petroleum, Crude & products
|
-9018.66
|
-71.62
|
|
|
Gold
|
-4704.38
|
-98.40
|
|
Electronic goods
|
-1953.38
|
-40.44
|
|
IMPORT (May ’21 OVER May’19)
|
Vegetable Oil
|
612.05
|
75.12
|
Gold
|
-4101.52
|
-85.79
|
|
Pearls, precious & Semi-precious stones
|
566.47
|
33.75
|
Petroleum, Crude & products
|
-3140.47
|
-24.94
|
|
Professional instrument, Optical goods, etc.
|
491.71
|
112.98
|
Transport equipment
|
-1216.19
|
-50.81
|
| |
|
|
|
|
|
|
|
|
|
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