India’s merchandise export rises 16.8% to USD 37.9 billion in June, 2022 as compared to USD 32.49 billion in June 2021, recording highest ever exports in June 2022.
India’s merchandise export during first Quarter of 2022-23 jumps 22.2% to USD 116.7 billion over USD 95.5 billion in first Quarter of 2021-22, recording highest ever export during first Quarter.
Non-Petroleum export rises 11.9% to USD 92.5 billion over the same period of last year.
Petroleum products, Electronic goods and Readymade Garments recorded major increase in export for first Quarter of 2022-23.
INDIA’S MERCHANDISE TRADE: Preliminary Data of June 2022
India has achieved monthly value of merchandise export in June 2022 amounting USD 37.94 billion, an increase of 16.78% over USD 32.49 billion in June 2021. India’s merchandise export in
April -June 2022-23 was USD 116.77 billion with an increase of 22.22% over USD 95.54 billion in April -June 2021-22. Value of non-petroleum exports in June 2022 was 30.12 USD billion, registering a positive growth of 5.53% over non-petroleum exports of USD 28.54 billion in June 2021. The cumulative value of non-petroleum exports in April -June 2022-23 was USD 92.49 billion, an increase of 11.92% over USD 82.65 billion in April -June 2021-22.
Value of non-petroleum and non-gems and jewellery exports in June 2022 was USD 26.75 billion, registering a positive growth of 4.0% over non-petroleum and nongems and jewellery exports of USD 25.72 billion in June 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -June 2022–23 was USD 82.43 billion, an increase of 12.19% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 73.47 billion in April -June 2021–22.
Petroleum products (98.01%), Electronic goods (50.66%) and RMG of all Textiles (44.67%) led the way in high increase in exports during June 2022.
India’s merchandise import in June 2022 was USD 63.58 billion, an increase of 51.02% over USD 42.1 billion in June 2021. India’s merchandise imports in April -June 2022-23 was USD 187.02 billion with an increase of 47.31% over USD 126.96 billion in April -June 2021-22.
Value of non-petroleum imports was USD 42.84 billion in June 2022 with a positive growth of 36.36% over non petroleum imports of USD 31.42 billion in June 2021. The cumulative value of
non-petroleum imports in April -June 2022–23 was USD 126.95 billion, showing an increase of 32.18% compared to non-oil imports of USD 96.04 billion in April -June 2021–22.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 36.7 billion in June 2022 with a positive growth of 31.71% over non-oil and non GJ imports of USD 27.87 billion in June 2021. Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -June 2022-23 was USD 107.14 billion, recording a positive growth of 32.55%, as compared to non-oil and non-GJ imports of USD 80.83 billion in April –June 2021-22.
ThetradedeficitinJune2022wasUSD25.63billion,whileitwas70.25billionUSDduringApril-June
2022-23.
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Statement 1: India’s Total Trade in Merchandise goods in June 2022
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Value in Billion USD
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% Growth
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JUNE’22
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JUNE’21
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JUNE’22 vs JUNE’21
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Exports
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37.94
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32.49
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16.78
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Imports
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63.58
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42.10
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51.02
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Deficit
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25.63
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9.61
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–
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Statement 2: India’s Total Trade in Merchandise goods in April-June 2022-23
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Value in Billion USD
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% Growth
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APR’22–
JUNE’22
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APR’21–
JUNE’21
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APR-JUNE 2022-23 vs
APR-JUNE 2021-22
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Exports
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116.77
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95.54
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22.22
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Imports
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187.02
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126.96
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47.31
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Deficit
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70.25
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31.42
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–
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Statement 3: Merchandise Non-POL Trade in June 2022
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Value in Billion USD
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% Growth
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JUNE’22
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JUNE’21
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JUNE’22 vs JUNE’21
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Exports
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30.12
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28.54
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5.53
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Imports
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42.84
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31.42
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36.36
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Statement 4: Merchandise Non-POL Trade in April-June 2022-23
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Value in Billion USD
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% Growth
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APR’22–
JUNE’22
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APR’21–
JUNE’21
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APR-JUNE 2022-23 vs
APR-JUNE 2021-22
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