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Shri Narendra Modi
Shri Narendra Modi
Prime Minister of India
INDIA’S MERCHANDISE TRADE: Preliminary Data December 2021

New Delhi, Dated 3rd January 2022

PRESS RELEASE
Historic and Highest Ever Merchandise Export Figures for December – Shri Piyush Goyal

INDIA’S MERCHANDISE TRADE: Preliminary Data December 2021

India’s merchandise export in December 2021 was USD 37.29 billion, the highest ever monthly achievement, which shows an increase of 37.0% over USD 27.22 billion in December 2020 and an
increase of 37.55% over USD 27.11 billion in December 2019.

Shri Goyal attributes the great achievement to the leadership and vision of PM ModiIndia’s merchandise export in April-December 2021 was USD 299.74 billion, an increase of 48.85%
over USD 201.37 billion in April-December 2020 and an increase of 25.80% over USD 238.27 billion in April-December 2019.

As per the Preliminary Data for December 2021, India’s merchandise import in December 2021 was USD 59.27 billion, an increase of 38.06% over USD 42.93 billion in December 2020 and an increase of 49.7% over USD 39.59 billion in December 2019.

Shri Piyush Goyal, Union Minister for Commerce and Industry, Textiles, Consumer Affairs, Food &Public Distribution called it a historic achievement and attributed it to the leadership of Prime Minister Shri Narendra Modi. He also congratulated all the EPCs, exporters and Indian Embassy officials all across the globe for contributing to this historic achievement.

India’s merchandise import in April-December 2021 was USD 443.71 billion, an increase of 69.27% over USD 262.13 billion in April-December 2020 and an increase of 21.84% over USD 364.18 billion in April-December 2019.

The trade deficit in December 2021 was USD 21.99 billion, while it was 143.97 billion USD during April-December 2021.

 

Statement 1India’s Merchandise Trade in December 2021 
  
Value in Billion USD 
% Growth 
Dec-21 
Dec-20 
Dec-19 
Dec-21 over 
Dec-20 
Dec-21 over 
Dec-19 
Exports 
37.29 
27.22 
27.11 
37.00 
37.55 
Imports 
59.27 
42.93 
39.59 
38.06 
49.70 
Deficit 
21.99 
15.72 
12.49 
39.90 
76.1

 

 

Statement 2: India’s Merchandise Trade in Apr-Dec 2021 
 
Value in Billion USD 
% Growth 
 
Apr-Dec21 
Apr-Dec20 
Apr-Dec19 
Apr-Dec 21 over 
Apr-Dec 20 
Apr-Dec 21 over 
Apr-Dec 19 
Exports 
299.74 
201.37 
238.27 
48.85 
25.80 
Imports 
443.71 
262.13 
364.18 
69.27 
21.84 
Deficit 
143.97 
60.76 
125.91 
136.94 
14.34 

 

 

 

Value of non-petroleum exports in December 2021 was 31.67 USD billion, registering a positive growth of 27.31% over non-petroleum exports of USD 24.88 billion in December 2020 and a positive growth of 34.92% over non-petroleum exports of USD 23.48 billion in December 2019.

Value of non-petroleum imports was USD 43.37 billion in December 2021 with a positive growth of 30.22% over non-petroleum imports of USD 33.31 billion in December 2020 and a positive growth of
50.20% over non-petroleum imports of USD 28.88 billion in December 2019.

 

Statement 3: Merchandise Non-POL Trade in December 2021 
 
Value in Billion USD 
% Growth 
 
Dec-21 
Dec-20 
Dec-19 
Dec-21 over 
Dec-20 
Dec-21 over 
Dec-19 
Exports 
31.67 
24.88 
23.48 
27.31 
34.92 
Imports 
43.37 
33.31 
28.88 
30.22 
50.20 

The cumulative value of non-petroleum exports in April-December 2021 was USD 257.14 billion, an increase of 39.82% over USD 183.91 billion in April-December 2020 and an increase of 24.74% over
USD 206.13 billion in April-December 2019.

The cumulative value of non-petroleum imports in April-December 2021 was USD 325.73 billion, showing an increase of 56.41% compared to non-oil imports of USD 208.25 billion in April-December
2020 and an increase of 21.78% compared to non-oil imports of USD 267.47 billion in April-December 2019.

 

Statement 4: Merchandise Non-POL Trade Apr-Dec 2021 
  
Value in Billion USD 
% Growth 
                
Apr-Dec21 
Apr-Dec20 
Apr-Dec19 
Apr-Dec21 over 
Apr-Dec20 
Apr-Dec21 over 
Apr-Dec19 
Exports   
257.14       
183.91        
206.13         
39.82                   
24.74                    
Imports 
325.73 
208.25 
267.47 
56.41 
21.78 

 

 

Value of non-petroleum and non-gems and jewellery exports in December 2021 was USD 28.69 billion, registering a positive growth of 28.64% over non-petroleum and non-gems and jewellery exports of USD 22.30 billion in December 2020 and a positive growth of 36.21% over non-petroleum and non-gems and jewellery exports of USD 21.06 billion in December 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 35.57 billion in December 2021 with a positive growth of 34.68% over non-oil and non-GJ imports of USD 26.41 billion in December 2020 and a positive growth of 47.75% over non-oil and non-GJ imports of USD 24.07 billion in December 2019.

 

Statement 5: Merchandise Non-POL Non-GJ Trade in December 2021 
 
Value in Billion USD 
% Growth 
 
Dec-21 
Dec-20 
Dec-19 
Dec-21 over 
Dec-20 
Dec-21 over 
Dec-19 
Exports 
28.69 
22.30 
21.06 
28.64 
36.21 
Imports 
35.57 
26.41 
24.07 
34.68 
47.75 

The cumulative value of non-petroleum and non-gems and jewellery exports in April-December 2021 was USD 228.25 billion, an increase of 36.66% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 167.02 billion in April-December 2020 and an increase of 28.12% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 178.15 billion in April-December 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 263.66 billion in April-December 2021, recording a positive growth of 47.33%, as compared to non-oil and non-GJ imports of USD 178.96 billion in April-December 2020 and a positive growth of 17.20% over USD 224.96 billion in April-December 2019.

 

Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Dec 2021 
  
Value in Billion USD 
% Growth 
  
Apr-Dec 21 
Apr-Dec 20 
Apr-Dec 19 
Apr-Dec 21 over 
Apr-Dec 20 
Apr-Dec 21 over 
Apr-Dec 19 
Exports 
228.25 
167.02 
178.15 
36.66 
28.12 
Imports 
263.66 
178.96 
224.96 
47.33 
17.20 

Top 10 major commodity groups covering 79% of total exports and showing positive growths in December 2021 over corresponding month of previous year, are –

 

                                      Statement 7: Exports of Top 10 Major Commodity Groups 
                                                                                         
Value of Export (Million 
US$)
Share (%)              
Growth (%) 
Major Commodity Group 
Dec-21          
Dec-20       
Dec-21                    
Dec-21 over 
Dec-20 
Engineering goods                                           
 
9708.94 
7072.63 
26.04 
37.27 
Petroleum products                                          
 
5611.70 
2336.63 
15.05 
140.16 
Gems and Jewellery                                          
 
2982.55 
2575.67 
8.00 
15.80 
Organic and Inorganic chemicals                             
 
2646.32 
2100.00 
7.10 
26.01 
Drugs and Pharmaceuticals                                   
 
2288.20 
2203.53 
6.14 
3.84 
Electronic goods                                            
 
1663.70 
1248.33 
4.46 
33.27 
RMG of all Textiles                                         
 
1460.36 
1195.78 
3.92 
22.13 
Cotton Yarn/Fabs./Madeups, Handloom 
products etc.            
1439.44 
987.76 
3.86 
45.73 
Plastic and Linoleum                                        
 
893.02 
570.49 
2.40 
56.54 
Rice                                                         
882.62 
682.77 
2.37 
29.27 
Total of 10 Major Commodity Groups 
29576.85 
20973.58 
79.33 
41.02 
Rest 
7708.21 
6242.71 
20.67 
23.48 
Total Exports 
37285.07 
27216.29 
100.00 
37.00 

Top 10 major commodity groups covering 78% of total imports, are –

 

Statement 8: Imports of Top 10 Major Commodity Groups 
 
Import (Million US$) 
Share (%) 
Growth (%) 
Major Commodity Group 
Dec-21 
Dec-20 
Dec-21 
Dec-21 over 
Dec-20 
Petroleum, Crude & products 
15904.53 
9629.01 
26.83 
65.17 
Electronic goods 
6532.02 
5037.69 
11.02 
29.66 
Gold 
4690.68 
4485.76 
7.91 
4.57 
Machinery, electrical & 
non-electrical 
3878.29 
3149.33 
6.54 
23.15 
Organic & Inorganic 
Chemicals 
3224.79 
1879.88 
5.44 
71.54 
Pearls, precious & 
Semi-precious stones 
2882.49 
2397.17 
4.86 
20.25 
Coal, Coke & Briquettes, etc. 
2796.08 
1624.32 
4.72 
72.14 
Transport equipment 
2265.75 
2476.59 
3.82 
-8.51 
Artificial resins, plastic 
materials, etc. 
1961.81 
1434.57 
3.31 
36.75 
 Vegetable Oil  
1822.63 
1210.88 
3.07 
50.52 
Total of 10 Major                       
Commodity Groups 
45959.08   
33325.21
77.54         
37.91             
Rest 
13315.21 
9609.34 
22.46 
38.57 
Total Imports 
59274.29 
42934.54 
100.00 
38.06