INDIA’S MERCHANDISE TRADE: Preliminary Data July 2021

India’s merchandise exports in July 2021 was USD 35.17 billion, highest ever monthly achievement, which showed an increase of 47.91% over USD 23.78 billion in July 2020 and an increase of 34.06% over USD 26.23 billion in July 2019.

Value of non-petroleum and non-gems and jewellery exports in July 2021 was USD 26.11 billion, registering a positive growth of 27.36% over non-petroleum and non-gems and jewellery exports of USD 20.5 billion in July 2020 and a positive growth of 32.25% over non-petroleum and non-gems and jewellery exports of USD 19.75 billion in July 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 26.66 billion in July 2021 with a positive growth of 35.11%over non-oil and non-GJ imports of USD 19.73 billion in July 2020but had a marginal negativegrowth of 0.17% over non-oil and non-GJ imports of USD 26.7 billion in July 2019.

Top 5 commodity groups of export which have recorded positive growth during July 2021 vis-à-vis July 2020 are: Petroleum Products (215.68%), Gems and Jewellery (130.44%), Other Cereals (70.25%), Man-made Yarn/Fabrics/Made-ups etc.(58.67%) and Cotton Yarn/Fabrics/Made-ups, Handloom Products etc.  (48.02%).

Top 5 commodity groups of export which have recorded positive growth during July 2021 vis-à-vis July 2019 are: Other Cereals (530.65%), Petroleum Products (60.51%), Cotton Yarn/Fabrics/Made-ups, Handloom Products etc.  (58.86%), Engineering Goods (55.07%) and Rice (36.97%).

Only four commodity groups of import have shown a fall in July 2021vis-à-vis July 2020. These are: Silver(-89.16%), Project Goods(-78.63%), Transport Equipment (-16.08%) and Newsprint (-3.49%).

Top 5 commodity groups of import which have shown a fall in July 2021 vis-à-vis July 2019 are: Silver (-97.72%), Cotton Raw & Waste (-73.62%), Project Goods (-61.55%), Newsprint (-54.44%) and Transport Equipment (-49.32%). 

India’s merchandise exports in July 2021 was USD 35.17 billion, an increase of 47.91%  over USD 23.78 billion in July 2020 and an increase of 34.06% over USD 26.23 billion in July 2019.India’s merchandise exports in Apr-July 2021 was USD 130.53 billion, an increase of 73.51%  over USD 75.22 billion in Apr-July 2020 and anincrease of21.82% over USD 107.15 billion in Apr-July 2019.

India’s merchandise imports in July 2021 were USD 46.4 billion, an increase of 59.38% over USD 29.11 billion in July 2020 and an increase of 14.75% over USD 40.43 billion in July 2019.India’s merchandise imports in Apr-July 2021 was USD 172.53 billion, an increase of 90.90%  over USD 90.38 billion in Apr-July 2020 and a marginal increase of 1.17% over USD 170.53 billion in Apr-July 2019.

India is thus a net importer in July 2021 with a trade deficit of USD 11.23 billion, widened by 110.56% over trade deficit of USD 5.33 billion in July 2020 but narrowed down by 20.92% over trade deficit of USD 14.2 billion in July 2019.

In July 2021, the value of non-petroleum exports was USD 29.57 billion, registering a positive growth of 34.39%over USD 22.0 billion in July 2020 and a positive growth of 30.01% over USD 22.75 billion in July 2019.

The cumulative value of non-petroleum exports in April-July 2021 was USD 112.02 billion, an increase of 63.47% over USD 68.53 billion in April-July 2020 and an increase of 21.05% over USD 92.54 billion in April-July 2019.

The value of non-petroleum and non-gems and jewellery exports in July 2021 was USD 26.11 billion, registering a positive growth of 27.36% over non-petroleum and non-gems and jewellery exports of USD 20.5 billion in July 2020 and a positive growth of 32.25% over non-petroleum and non-gems and jewellery exports of USD 19.75 billion in July 2019.

The cumulative value of non-petroleum and non-gems and jewellery exports in April-July 2021 was USD 99.39 billion, an increase of 54.43% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 64.36 billion in April-July 2020 and an increase of 24.12% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 80.08 billion in April-July 2019.

In July 2021, oil imports were USD 12.89 billion, a positive growth of 97.06% compared to oil imports of USD 6.54 billion in July 2020 and also a positive growth of 32.27% compared to oil imports of USD 9.75 billion in July 2019.

Oil imports during Apr-July 2021 was USD 43.9 billion, a positive growth of 122.43% compared to oil imports of USD 19.73 billion in Apr-July 2020 and a negative growth of 2.69% compared to oil imports of USD 45.11 billion in Apr-July 2019.

Non-oil imports in July 2021were USD 33.5 billion, showing an increase of 48.46% compared to non-oil imports of USD 22.57 billion in July 2020 and anincrease of 9.19% compared to non-oil imports of USD 30.68 billion in July 2019.

Non-oil imports in Apr-July 2021 were USD 128.64 billion, showing an increase of 82.09% compared to non-oil imports of USD 70.65 billion in Apr-July 2020 and amarginalincrease of 2.56% compared to non-oil imports of USD 125.42 billion in Apr-July 2019.

Non-oil, non-GJ (gold, silver & Precious metals) imports was USD 26.66 billion in July 2021 recording a positive growth of 35.11% over non-oil and non-GJ imports of USD 19.73 billion in July 2020 but had a marginal negative growth of 0.17% over non-oil and non-GJ imports of USD 26.7 billion in July 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 106.58 billion in Apr-July 2021, recording a positive growth of 62.64%, as compared to non-oil and non-GJ imports of USD 65.53 billion in Apr-July 2020 and a positive growth of 3.5% over USD 102.98 billion in Apr-July 2019.

Major commodity groups of export showing positive growth in July 2021 over July 2020 are – Petroleum Products (215.68%), Gems and Jewellery (130.44%), Other Cereals (70.25%), Man-Made Yarn/Fabrics/Made-ups Etc.  (58.67%), Cotton Yarn/Fabrics/Made-ups, Handloom Products Etc.  (48.02%), Marine Products (47.7%), Electronic Goods (47.59%), Engineering Goods (42.14%), Handicrafts Excl. Hand Made Carpet  (32.59%), RMG Of All Textiles (30.52%), Organic And Inorganic Chemicals (28.52%), Carpet (25.61%), Plastic And Linoleum  (23.9%), Jute Mfg. Including Floor Covering (22.52%), Leather And Leather Manufactures  (16.5%), Mica, Coal And Other Ores, Minerals Including Process (16.47%), Cereal Preparations And Miscellaneous Processed Item (16.37%), Ceramic Products And Glassware (6.97%) and Drugs And Pharmaceuticals (4.1%).

Major commodity groups of export showing negative growth in July 2021 over July 2020 are – Oil Seeds (-38.65%), Oil Meals (-35.69%), Meat, Dairy and Poultry Products (-31.97%), Tobacco (-10.35%), Spices (-10.29%), Tea (-8.97%), Rice (-7.85%), Cashew (-3.58%), Iron Ore (-3.5%), Coffee (-1.89%) and Fruits and Vegetables (-0.44%).

Major commodity groups of import showing positive growth in July 2021 over July 2020 are:

Sulphur & Unroasted Iron Pyrites (355.57%), Pulp and Waste paper (227.6%), Pearls, precious & Semi-precious stones (179.32%), Gold (135.56%), Non-ferrous metals (121.31%), Cotton Raw & Waste (115.19%), Coal, Coke & Briquettes, etc. (106.09%), Petroleum, Crude & products (97.06%), Wood &  Wood products (94.03%), Iron & Steel (75.61%), Metaliferrous ores & other minerals (71.8%), Fertilisers, Crude & manufactured (70.8%), Pulses (65.35%), Artificial resins, plastic materials, etc. (61.33%), Dyeing/tanning/colouring materials (54.42%), Organic & Inorganic Chemicals (46.59%), Textile yarn Fabric, made-up articles (43.96%), Fruits & vegetables  (36.9%), Chemical material & products (34.53%), Machinery, electrical & non-electrical (31.56%), Leather & leather products (30.59%), Machine tools (30.47%), Professional instrument, Optical goods, etc. (27.52%),  Vegetable Oil  (24.13%), Electronic goods (10.68%) and Medicinal& Pharmaceutical products (7.3%).

Only four commodity groups of import have shown a fall in July 2021 vis-à-vis July 2020. These are: Silver (-89.16%), Project Goods (-78.63%), Transport Equipment (-16.08%) and Newsprint (-3.49%). 

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MERCHANDISE TRADE: Preliminary Data, July 2021

Summary Value in USD Billion

Change by top Commodity Groups in Export Value in USD Million

Change by top Commodity Groups in Import Value in USD Million

DJN/MS

(Release ID: 1741676)
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