Ministry of Commerce & Industry
INDIA’S MERCHANDISE TRADE: Preliminary Data October 2021
India’s merchandise exports in October 2021 was USD 35.47 billion, an increase of 42.33% over USD 24.92 billion in October 2020 and an increase of 35.21% over USD 26.23 billion in October 2019.
India’s merchandise exports in April-October 2021 was USD 232.58 billion, an increase of 54.51% over USD 150.53 billion in April-October 2020 and an increase of 25.45% over USD 185.4 billion in April-October 2019.
Posted On:
01 NOV 2021 6:55PM by PIB Delhi
India’s merchandise imports in October 2021 was USD 55.37 billion, an increase of 62.49% over USD 34.07 billion in October 2020 and an increase of 45.76% over USD 37.99 billion in October 2019.
India’s merchandise imports in April-October 2021 was USD 331.29 billion, an increase of 78.71% over USD 185.38 billion in April-October 2020 and an increase of 15.81% over USD 286.07 billion in April-October 2019.
The trade deficit in October 2021 was USD 19.9 billion, while it was USD 98.71 billion during April-October 2021.
Statement 1: India’s Merchandise Trade in October 2021
|
|
Value in Billion USD
|
% Growth
|
Oct-21
|
Oct-20
|
Oct-19
|
Oct-21 over Oct-20
|
Oct-21 over Oct-19
|
Exports
|
35.47
|
24.92
|
26.23
|
42.33
|
35.21
|
Imports
|
55.37
|
34.07
|
37.99
|
62.49
|
45.76
|
Deficit
|
19.90
|
9.15
|
11.75
|
117.38
|
69.29
|
Statement 2: India’s Merchandise Trade in Apr-Oct 2021
|
|
Value in Billion USD
|
% Growth
|
|
Apr-Oct21
|
Apr-Oct20
|
Apr-Oct19
|
Apr-Oct 21 over Apr-Oct 20
|
Apr-Oct 21 over Apr-Oct 19
|
Exports
|
232.58
|
150.53
|
185.40
|
54.51
|
25.45
|
Imports
|
331.29
|
185.38
|
286.07
|
78.71
|
15.81
|
Deficit
|
98.71
|
34.85
|
100.67
|
183.22
|
-1.95
|
Value of non-petroleum exports in October 2021 was 30.27 USD billion, registering a positive growth of 29.63% over non-petroleum exports of USD 23.35 billion in October 2020 and a positive growth of 32.84% over non-petroleum exports of USD 22.79 billion in October 2019.
Value of non-petroleum imports was USD 40.94 billion in October 2021 with a positive growth of 45.82% over non-petroleum imports of USD 28.07 billion in October 2020 and a positive growth of 44.87% over non-petroleum imports of USD 28.26 billion in October 2019.
Statement 3: Merchandise Non-POL Trade in October 2021
|
|
Value in Billion USD
|
% Growth
|
|
Oct21
|
Oct20
|
Oct19
|
Oct21 over Oct20
|
Oct21 over Oct19
|
Exports
|
30.27
|
23.35
|
22.79
|
29.63
|
32.84
|
Imports
|
40.94
|
28.07
|
28.26
|
45.82
|
44.87
|
The cumulative value of non-petroleum exports in April-October 2021 was USD 199.41 billion, an increase of 45.59% over USD 136.96 billion in April-October 2020 and an increase of 24.09% over USD 160.7 billion in April-October 2019.
The cumulative value of non-petroleum imports in April-October 2021 was USD 243.89 billion, showing an increase of 65.41% compared to non-oil imports of USD 147.44 billion in April-October 2020 and an increase of 15.51% compared to non-oil imports of USD 211.14 billion in April-October 2019.
Statement 4: Merchandise Non-POL Trade Apr-Oct 2021
|
|
Value in Billion USD
|
% Growth
|
|
Apr-Oct21
|
Apr-Oct20
|
Apr-Oct19
|
Apr-Oct21 over Apr-Oct20
|
Apr-Oct21 over Apr-Oct19
|
Exports
|
199.41
|
136.96
|
160.70
|
45.59
|
24.09
|
Imports
|
243.89
|
147.44
|
211.14
|
65.41
|
15.51
|
Value of non-petroleum and non-gems and jewellery exports in October 2021 was USD 26.05 billion, registering a positive growth of 27.54% over non-petroleum and non-gems and jewellery exports of USD 20.43 billion in October 2020 and a positive growth of 36.59% over non-petroleum and non-gems and jewellery exports of USD 19.07 billion in October 2019.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 32.42 billion in October 2021 with a positive growth of 39.29% over non-oil and non-GJ imports of USD 23.27 billion in October 2020 and a positive growth of 30.72% over non-oil and non-GJ imports of USD 24.8 billion in October 2019.
Statement 5: Merchandise Non-POL Non-GJ Trade in October 2021
|
|
Value in Billion USD
|
% Growth
|
|
Oct-21
|
Oct-20
|
Oct-19
|
Oct21 over Oct20
|
Oct21 over Oct19
|
Exports
|
26.05
|
20.43
|
19.07
|
27.54
|
36.59
|
Imports
|
32.42
|
23.27
|
24.80
|
39.29
|
30.72
|
The cumulative value of non-petroleum and non-gems and jewellery exports in April-October 2021 was USD 175.89 billion, an increase of 40.33% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 125.35 billion in April-October 2020 and an increase of 27.72% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 137.72 billion in April-October 2019.
Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 196.07 billion in April-October 2021, recording a positive growth of 50.91%, as compared to non-oil and non-GJ imports of USD 129.92 billion in April-October 2020 and a marginal positive growth of 9.87% over USD 178.45 billion in April-October 2019.
Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Oct 2021
|
|
Value in Billion USD
|
% Growth
|
|
Apr-Oct 21
|
Apr-Oct 20
|
Apr-Oct 19
|
Apr-Oct 21 over Apr-Oct 20
|
Apr-Oct 21 over Apr-Oct 19
|
Exports
|
175.89
|
125.35
|
137.72
|
40.33
|
27.72
|
Imports
|
196.07
|
129.92
|
178.45
|
50.91
|
9.87
|
Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in October 2021 over corresponding month of previous year, as stated below.
Statement 7: Exports of Top 10 Major Commodity Groups
|
|
Value of Export (Million US$)
|
Share (%)
|
Growth (%)
|
Major Commodity Group
|
Oct '21
|
Oct '20
|
Oct '21
|
Oct '21 over Oct '20
|
Engineering Goods
|
9388.28
|
6229.91
|
28.19
|
50.70
|
Petroleum Products
|
5197.59
|
1567.31
|
14.69
|
231.63
|
Gems And Jewellery
|
4221.73
|
2926.82
|
9.67
|
44.24
|
Organic And Inorganic Chemicals
|
2569.28
|
1810.71
|
7.11
|
41.89
|
Drugs And Pharmaceuticals
|
2060.09
|
2078.92
|
6.14
|
-0.91
|
Electronic Goods
|
1347.93
|
966.29
|
3.91
|
39.50
|
Cotton Yarn/Fabrics/Made-ups Handloom Products Etc.
|
1332.75
|
912.34
|
3.89
|
46.08
|
RMG Of All Textiles
|
1252.90
|
1177.56
|
3.50
|
6.40
|
Marine Products
|
807.80
|
684.06
|
2.28
|
18.09
|
Plastic And Linoleum
|
781.49
|
599.55
|
2.25
|
30.35
|
Total of 10 Major Commodity Groups
|
28959.84
|
18953.48
|
81.62
|
52.79
|
Rest
|
6510.45
|
5966.93
|
18.38
|
9.11
|
Total Exports
|
35470.29
|
24920.41
|
100.00
|
42.33
|
Top 10 major commodity groups, covering about 78% of total imports, have shown below.
Statement 8: Imports of Top 10 Major Commodity Groups
|
|
Import (Million US$)
|
Share (%)
|
Growth (%)
|
Major Commodity Group
|
Oct.'21
|
Oct.'20
|
Oct.'21
|
Oct.'21 over Oct.'20
|
Petroleum, Crude & products
|
14430.76
|
6000.27
|
26.06
|
140.50
|
Electronic goods
|
6811.03
|
5533.73
|
12.30
|
23.08
|
Gold
|
5106.14
|
2499.97
|
9.22
|
104.25
|
Machinery, electrical & non-electrical
|
3540.77
|
2497.29
|
6.39
|
41.78
|
Coal, Coke & Briquettes, etc.
|
3311.93
|
1512.88
|
5.98
|
118.92
|
Organic & Inorganic Chemicals
|
2620.62
|
1563.23
|
4.73
|
67.64
|
Pearls, precious & Semi-precious stones
|
2483.01
|
2291.40
|
4.48
|
8.36
|
Artificial resins, plastic materials, etc.
|
1727.27
|
1121.06
|
3.12
|
54.07
|
Vegetable Oil
|
1624.79
|
1018.08
|
2.93
|
59.59
|
Iron & Steel
|
1444.81
|
985.71
|
2.61
|
46.58
|
Total of 10 Major Commodity Groups
|
43101.12
|
25023.62
|
77.84
|
72.24
|
Rest
|
12266.92
|
9050.21
|
22.16
|
35.54
|
Total Imports
|
55368.04
|
34073.84
|
100.00
|
62.49
|
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