Ministry of Commerce & Industry
India’s merchandise export in April -July 2022-23 was USD 156.41 billion with an increase of 19.35% over USD 131.06 billion in April -July 2021-22.
The export of non-petroleum and non-gems and jewellery in April -July 2022-23 was USD 110.39 billion, an increase of 10.73% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.69 billion in April -July 2021-22.
India has achieved merchandise export of USD 35.24 billion in July 2022, almost at similar levels of USD 35.51 billion in July 2021. This has been achieved despite measures to control inflation (Iron Ore & Pellets, Iron and Steel, Petroleum Products, etc.) and the continued disruptions of supply chains due to Covid and Russia-Ukraine conflict.
INDIA’S MERCHANDISE TRADE: Preliminary Data of July 2022
Posted On:
02 AUG 2022 7:34PM by PIB Delhi
India has achieved merchandise export of USD 35.24 billion in July 2022, almost at similar levels of USD 35.51 billion in July 2021. This has been achieved despite measures to control inflation (Iron Ore & Pellets, Iron and Steel, Petroleum Products, etc.) and the continued disruptions of supply chains due to Covid and Russia-Ukraine conflict.
Value of non-petroleum exports in July 2022 was 29.82 USD billion, registering a positive growth of only 0.48% over non-petroleum exports of USD29.67 billion in July 2021. The cumulative value of non-petroleum exports in April -July 2022-23 was USD 123.90 billion, an increase of 10.3% over USD 112.32 billion in April -July 2021-22.
Value of non-petroleum and non-gems and jewellery exports in July 2022 was USD 26.54 billion, registering a positive growth of 1.24% over non-petroleum and non-gems and jewellery exports of USD 26.21 billion in July 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -July 2022-23was USD 110.39 billion, an increase of 10.73% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.69 billion in April -July 2021-22.
India’s merchandise import in July 2022 was USD 66.26 billion, an increase of 43.59% over USD 46.15 billion in July 2021. India’s merchandise imports in April -July 2022-23 was USD 256.43 billion with an increase of 48.12% over USD 173.12 billion in April -July 2021-22.
Value of non-petroleum imports was USD 45.13 billion in July 2022 with a positive growth of 33.74% over non-petroleum imports of USD 33.74 billion in July 2021.The cumulative value of non-petroleum imports in April -July 2022-23was USD 174.39 billion, showing an increase of 34.35% compared to non-oil imports of USD 129.81 billion in April -July 2021-22.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 38.44 billion in July 2022 with a positive growth of 42.88%over non-oil and non-GJ imports of USD 26.9 billion in July 2021.Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -July 2022-23 was USD 147.55 billion, recording a positive growth of 36.93%, as compared to non-oil and non-GJ imports of USD 107.75 billion in April -July 2021-22.
The trade deficit in July 2022 was USD 31.02 billion, while it was 100.01 billion USD during April -July 2022-23.
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Statement1:India’s Total Trade in Merchandise goods in July 2022
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|
|
Value in Billion USD
|
%Growth
|
|
JULY'22
|
JULY'21
|
JULY'22 vs JULY'21
|
|
Exports
|
35.24
|
35.51
|
-0.76
|
|
Imports
|
66.26
|
46.15
|
43.59
|
|
Deficit
|
31.02
|
10.63
|
-
|
|
Statement 2: India’s Total Trade in Merchandise goods in April-July 2022-23
|
|
|
Value in Billion USD
|
% Growth
|
|
APR’22-JULY'22
|
APR’21-JULY'21
|
APR-JULY 2022-23 vs APR-JULY 2021-22
|
|
Exports
|
156.41
|
131.06
|
19.35
|
|
Imports
|
256.43
|
173.12
|
48.12
|
|
Deficit
|
100.01
|
42.07
|
-
|
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Statement 3: Merchandise Non-POL Trade in July 2022
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|
|
Value in Billion USD
|
% Growth
|
|
JULY'22
|
JULY'21
|
JULY'22 vs JULY'21
|
|
Exports
|
29.82
|
29.67
|
0.48
|
|
Imports
|
45.13
|
33.74
|
33.74
|
|
Statement 4: Merchandise Non-POL Trade in April-July 2022-23
|
|
|
Value in Billion USD
|
% Growth
|
|
APR’22-JULY'22
|
APR’21-JULY'21
|
APR-JULY 2022-23 vs APR-JULY 2021-22
|
|
Exports
|
123.90
|
112.32
|
10.30
|
|
Imports
|
174.39
|
129.81
|
34.35
|
|
Statement 5: Merchandise Non-POL Non-GJ Trade in July 2022
|
|
|
Value in Billion USD
|
% Growth
|
|
JULY'22
|
JULY'21
|
JULY'22 vs JULY'21
|
|
Exports
|
26.54
|
26.21
|
1.24
|
|
Imports
|
38.44
|
26.90
|
42.88
|
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Statement 6: Merchandise Non-POL Non-GJ Trade in April-July 2022-23
|
|
|
Value in Billion USD
|
% Growth
|
|
APR’22-JULY'22
|
APR’21-JULY'21
|
APR-JULY 2022-23 vs APR-JULY 2021-22
|
|
Exports
|
110.39
|
99.69
|
10.73
|
|
Imports
|
147.55
|
107.75
|
36.93
|
Top 10 major commodity groups covering 81% of total exports in July 2022, are –
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Statement 7: Exports of Top 10 Major Commodity Groups in July 2022
|
| |
Value of Export (Million US$)
|
Share (%)
|
Growth (%)
|
|
Major Commodity Group
|
July-22
|
July-21
|
July-22
|
July-22 over July-21
|
|
Engineering goods
|
9303.21
|
9545.20
|
26.40
|
-2.54
|
|
Petroleum products
|
5427.21
|
5840.02
|
15.40
|
-7.07
|
|
Gems and Jewellery
|
3279.34
|
3459.67
|
9.30
|
-5.21
|
|
Organic and Inorganic chemicals
|
2618.54
|
2426.09
|
7.43
|
7.93
|
|
Drugs and Pharmaceuticals
|
2116.29
|
2145.67
|
6.00
|
-1.37
|
|
Electronic goods
|
1817.51
|
1244.20
|
5.16
|
46.08
|
|
RMG of all Textiles
|
1380.45
|
1389.22
|
3.92
|
-0.63
|
|
Cotton Yarn/Fabs./Madeups, Handloom products etc.
|
943.50
|
1315.42
|
2.68
|
-28.27
|
|
Rice
|
925.64
|
710.94
|
2.63
|
30.20
|
|
Plastic and Linoleum
|
801.09
|
832.61
|
2.27
|
-3.79
|
|
Total of 10 Major Commodity Groups
|
28612.77
|
28909.05
|
81.19
|
-1.02
|
|
Rest
|
6630.84
|
6603.77
|
18.81
|
0.41
|
|
Total Exports
|
35243.61
|
35512.82
|
100.00
|
-0.76
|
Top 10 major commodity groups covering 78% of total importsin July 2022, are –
|
Statement 8: Imports of Top 10 Major Commodity Groups in July 2022
|
| |
Value of Import (Million US$)
|
Share (%)
|
Growth (%)
|
|
Major Commodity Group
|
July-22
|
July-21
|
July-22
|
July-22 over July-21
|
|
Petroleum, Crude & products
|
21132.90
|
12402.06
|
31.89
|
70.40
|
|
Electronic goods
|
6800.89
|
5319.77
|
10.26
|
27.84
|
|
Coal, Coke & Briquettes, etc.
|
5179.98
|
1958.92
|
7.82
|
164.43
|
|
Machinery, electrical & non-electrical
|
3812.57
|
2821.52
|
5.75
|
35.12
|
|
Pearls, precious & Semi-precious stones
|
3214.10
|
2628.17
|
4.85
|
22.29
|
|
Organic & Inorganic Chemicals
|
3141.19
|
2440.47
|
4.74
|
28.71
|
|
Gold
|
2370.32
|
4203.06
|
3.58
|
-43.60
|
|
Artificial resins, plastic materials, etc.
|
2191.18
|
1313.21
|
3.31
|
66.86
|
|
Vegetable Oil
|
2015.77
|
1369.58
|
3.04
|
47.18
|
|
Non-ferrous metals
|
1815.26
|
1297.09
|
2.74
|
39.95
|
|
Total of 10 Major Commodity Groups
|
51674.18
|
35753.86
|
77.98
|
44.53
|
|
Rest
|
14590.15
|
10393.11
|
22.02
|
40.38
|
|
Total Imports
|
66264.32
|
46146.97
|
100.00
|
43.59
|
Top 10 major commodity groups covering 81% of total exports in April 2021-July 2022, are –
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Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-July 2022
|
| |
Value of Export (Million US$)
|
Share (%)
|
Growth (%)
|
|
Major Commodity Group
|
Apr’22-July’22
|
Apr’21-July’21
|
Apr’21-July’22
|
Apr’22-July’23 over Apr’21-July’22
|
|
Engineering goods
|
38272.24
|
35437.95
|
24.47
|
8.00
|
|
Petroleum products
|
32512.21
|
18731.63
|
20.79
|
73.57
|
|
Gems and Jewellery
|
13511.47
|
12631.44
|
8.64
|
6.97
|
|
Organic and Inorganic chemicals
|
10778.63
|
9300.92
|
6.89
|
15.89
|
|
Drugs and Pharmaceuticals
|
8374.09
|
7934.51
|
5.35
|
5.54
|
|
Electronic goods
|
6567.00
|
4212.38
|
4.20
|
55.90
|
|
RMG of all Textiles
|
5871.34
|
4794.93
|
3.75
|
22.45
|
|
Cotton Yarn/Fabs./Madeups, Handloom products etc.
|
4107.66
|
4681.56
|
2.63
|
-12.26
|
|
Rice
|
3648.22
|
3123.11
|
2.33
|
16.81
|
|
Plastic and Linoleum
|
3151.45
|
3403.82
|
2.01
|
-7.41
|
|
Total of 10 Major Commodity Groups
|
126794.30
|
104252.24
|
81.07
|
21.62
|
|
Rest
|
29616.19
|
26803.13
|
18.93
|
10.50
|
|
Total Exports
|
156410.49
|
131055.37
|
100.00
|
19.35
|
Top 10 major commodity groups covering 80% of total importsin April 2021-July 2022, are –
|
Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-July 2022
|
| |
Value of Import (Million US$)
|
Share (%)
|
Growth (%)
|
|
Major Commodity Group
|
Apr’22-July’22
|
Apr’21-July’21
|
Apr’21-July’22
|
Apr’22-July’23 over Apr’21-July’22
|
|
Petroleum, Crude & products
|
82030.43
|
43314.28
|
31.99
|
89.38
|
|
Electronic goods
|
25389.90
|
19220.00
|
9.90
|
32.10
|
|
Coal, Coke & Briquettes, etc.
|
22323.14
|
7831.34
|
8.71
|
185.05
|
|
Machinery, electrical & non-electrical
|
14316.11
|
12036.53
|
5.58
|
18.94
|
|
Organic & Inorganic Chemicals
|
13269.85
|
9445.84
|
5.17
|
40.48
|
|
Gold
|
12860.94
|
12088.11
|
5.02
|
6.39
|
|
Pearls, precious & Semi-precious stones
|
11535.04
|
9915.71
|
4.50
|
16.33
|
|
Artificial resins, plastic materials, etc.
|
8553.75
|
6221.55
|
3.34
|
37.49
|
|
Vegetable Oil
|
7265.81
|
5526.97
|
2.83
|
31.46
|
|
Non-ferrous metals
|
6956.56
|
5334.08
|
2.71
|
30.42
|
|
Total of 10 Major Commodity Groups
|
204501.55
|
130934.41
|
79.75
|
56.19
|
|
Rest
|
51923.47
|
42189.54
|
20.25
|
23.07
|
|
Total Imports
|
256425.02
|
173123.96
|
100.00
|
48.12
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***
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