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 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.
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%).
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 an increase of 21.82% over USD 107.15 billion in Apr-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.
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%).
MERCHANDISE TRADE: Preliminary Data, July 2021
Summary Value in USD Billion
|
| Total | Non-Petroleum | Non- Petroleum and Non-Gems & Jewellery | ||||||||||||
| JUL19 | JUL20 | JUL21 | % change Jul21 over Jul20 | % change Jul21 over Jul19 | JUL19 | JUL20 | JUL21 | % change Jul21 over Jul20 | % change Jul21 over Jul19 | JUL19 | JUL20 | JUL21 | % change Jul21 over Jul20 | % change Jul21 over Jul19 | |
| Exports | 26.23 | 23.78 | 35.17 | 47.91 | 34.06 | 22.75 | 22.0 | 29.57 | 34.39 | 30.01 | 19.75 | 20.5 | 26.11 | 27.36 | 32.25 |
| Imports | 40.43 | 29.11 | 46.4 | 59.38 | 14.75 | 30.68 | 22.57 | 33.5 | 48.46 | 9.19 | 26.7 | 19.73 | 26.66 | 35.11 | – 0.17 |
| Deficit/Surplus | 14.2 | 5.33 | 11.23 | 110.56 | – 20.92
| 7.93 | 0.57 | 3.93 | 589.47 | -50.44 | 6.95 | -0.77 | 0.55 | -171.43 | -92.09 |
Change by top Commodity Groups in Export Value in USD Million
| Top Increase | Top Decline | |||||
| Commodity group | Change (USD Million) | % change | Commodity group | Change (USD Million) | % change | |
| EXPORT (JUL’21 OVER JUL’20) | PETROLEUM PRODUCTS | 3823.72 | 215.68 | MEAT, DAIRY AND POULTRY PRODUCTS | -120.48 | -31.97 |
| ENGINEERING GOODS | 2822.26 | 42.14 | RICE | -60.01 | -7.85 | |
| GEMS AND JEWELLERY | 1957.79 | 130.44 | OIL SEEDS | -48.25 | -38.65 | |
| EXPORT (JUL ’20 OVER JUL’19) | ENGINEERING GOODS | 558.25 | 9.09 | PETROLEUM PRODUCTS | -1713.86 | -49.15 |
| DRUGS AND PHARMACEUTICALS | 335.98 | 19.51 | GEMS AND JEWELLERY | -1500.30 | -49.99 | |
| RICE | 250.15 | 48.64 | RMG OF ALL TEXTILES | -301.23 | -22.07 | |
| EXPORT (JUL ’21 OVER JUL’19) | ENGINEERING GOODS | 3380.50 | 55.07 | SPICES | -79.76 | -19.07 |
| PETROLEUM PRODUCTS | 2109.86 | 60.51 | LEATHER AND LEATEHR MANUFACTURERS | -68.06 | -14.93 | |
| ORGANIC AND INORGANIC CHEMICALS | 562.53 | 30.22 | MEAT, DAIRY AND POULTRY PRODUCTS | -52.13 | -16.90 | |
Change by top Commodity Groups in Import Value in USD Million
| Top Increase | Top Decline | |||||
| Commodity group | Change (USD Million) | % change | Commodity group | Change (USD Million) | % change | |
| IMPORT (JUL’21 OVER JUL’20)
| Petroleum, Crude & products | 6351.22 | 97.06 | Transport equipment | -202.05 | -16.08 |
| Gold | 2418.99 | 135.56 | Project goods | -154.49 | -78.63 | |
| Pearls, precious & Semi-precious stones | 1687.24 | 179.32 | Silver | -98.26 | -89.16 | |
| IMPORT (JUL’20 OVER JUL’19)
| Vegetable Oil | 231.69 | 26.66 | Petroleum, Crude & products | -3205.25 | -32.88 |
| Medcnl. & Pharmaceutical products | 126.14 | 20.82 | Coal, Coke & Briquettes, etc. | -1097.52 | -53.56 | |
| Project goods | 87.28 | 79.91 | Machinery, electrical & non-electrical | -1050.66 | -32.89 | |
| IMPORT (JUL’21 OVER JUL’19)
| Petroleum, Crude & products | 3145.97 | 32.27 | Transport equipment | -1025.98 | -49.32 |
| Gold | 2490.40 | 145.38 | Silver | -512.86 | -97.72 | |
| Pearls, precious & Semi-precious stones | 886.72 | 50.92 | Machinery, electrical & non-electrical | -373.91 | -11.70 | |
