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Shri Narendra Modi
Shri Narendra Modi
Prime Minister of India
INDIA’S MERCHANDISE TRADE: Preliminary Data, November 2020

New Delhi, 2nd December 2020

India’s merchandise exports in November 2020 were USD 23.43 billion, as compared to USD 25.77 billion in November 2019, a fall of 9.07%.

India’s merchandise imports in November 2020 were USD 33.39 billion, as compared to USD 38.52 billion in November 2019, a decline of 13.33%.

India is thus a net importer in November 2020, with a trade deficit of USD 9.96 billion, as compared to trade deficit of USD 12.75 billion, improvement by 21.93%.

Value of non-petroleum and non-gems and jewellery exports in November 2020 was USD 19.26 billion, as compared to USD 19.37 billion in November 2019, a negative growth of 0.59%.

Non-oil, non-GJ (gold, silver & Precious metals) imports were USD 22.25 billion in November 2020, as compared to non-oil and non-GJ imports of USD 22.44 billion in November 2019, a negative growth of 0.84%.

Top 5 commodity groups of export which have recorded positive growth during November 2020 vis-à-vis November 2019 are: Other Cereals (164.67%), Oil meals (70.54%), Iron Ore (68.15%), Rice (24.41%), Ceramic Products and Glassware (20.98%).

Top 5 commodity groups of import showing a fall in November 2020 vis-à-vis November 2019 are: Silver (-89.71%), Cotton Raw and Waste (-74.09%), Newsprint (-69.96%), Project goods (-53.01%), Leather & leather products(-46.81%).

New Delhi, 2nd December 2020

India’s merchandise exports in November 2020 were USD 23.43 billion, as compared to USD 25.77 billion in November 2019, a fall of 9.07%. Exports during April-November 2020-21 were USD 173.49 billion, as compared to USD 211.17 billion during the same period last year, exhibiting a negative growth of 17.84%.

India’s merchandise imports in November 2020 were USD 33.39 billion, as compared to USD 38.52 billion in November 2019, a decline of 13.33%. Merchandise imports during April-November 2020-21 were USD 215.67 billion, as compared to USD 324.59 billion during the same period last year, exhibiting a negative growth of 33.56%.

India is thus a net importer in November 2020, with a trade deficit of USD 9.96 billion, as compared to trade deficit of USD 12.75 billion, improvement by 21.93%.

In November 2020, the value of non-petroleum exports was USD 21.95 billion, registering a negative growth of 0.03% over November 2019. The value of non-petroleum and non-gems and jewellery exports in November 2020 was USD 19.26 billion as compared to USD 19.37 billion in November 2019, registering a negative growth of 0.59%. The cumulative value of non-petroleum and non-gems and jewellery exports in April-November 2020-21 was USD 144.04 billion, as compared to USD 157.09 billion for the corresponding period in 2019-20, exhibiting a decrease of 8.30%.

In November 2020, Oil imports were USD 6.27 billion, as compared to USD 11.07 billion in November 2019, a decline by 43.36%. Oil imports in April-November 2020-21 were USD 44.10 billion, as compared to USD 85.99 billion, showing a decline of 48.71%.

Non-oil imports in November 2020 were estimated at USD 27.12 billion, as compared to USD 27.45 billion in November 2019, showing a decline of 1.22%. Non-oil imports in April-November 2020-21 were USD 171.57 billion, as compared to USD 238.60 billion, registering a decline of 28.09% during the same period of the last year.

Non-oil, non-GJ (gold, silver &Precious metals) imports were USD 22.25 billion in November 2020, recording a negative growth of 0.84%, as compared to non-oil and non-GJ imports of USD 22.44 billion in November 2019. Non-oil and non-GJ imports were USD 149.17 billion in April-November 2020-21, recording a negative growth of 25.74%, as compared to non-oil and non-GJ imports of USD 200.89 billion in April-November 2019-20.

Major commodities of export which have recorded positive growth during November 2020 vis-à-vis November 2019 are: Other cereals (164.67%), Oil meals  (70.54%), Iron ore (68.15%), Rice (24.41%), Ceramic products and glassware (20.98%),  Handicrafts excl. Hand-made carpet (17.71%), Cereal preparations and miscellaneous processed item (16.75%), Carpet  (15.58%), Jute mfg. Including floor covering (14.06%),Spices  (12.12%), Drugs and pharmaceuticals (11.13%), Tobacco (8.64%), Cotton yarn/fabrics/made-ups, handloom products etc. (8.38%), Fruits and vegetables (5.33%), Tea (5.02%), Gems and Jewellery (4.11%), Mica, coal and other ores, minerals including process (2.23%),Meat, dairy and poultry products (1.34%), Electronic Goods (0.95%).
Major commodities of export which have recorded negative growth during November 2020 vis-à-vis November 2019 are Petroleum products  (61.05%), Leather and leather manufactures (29.80%), Cashew (24.90%), Plastic and linoleum   (23.34%), Marine products  (16.11%), Oil Seeds (15.30%), Man-made yarn/fabrics/made-ups etc. (11.14%), Engineering goods  (8.27%), Organic and Inorganic Chemicals (8.09%), Coffee  (1.27%), RMG of All Textiles (1.20%).

Major commodity groups of import showing positive growth in November 2020 over the corresponding month of last year are: Fruits & vegetables (66.81%), Chemical material & products (36.08%), Vegetable Oil (34.02%), Fertilisers, Crude & manufactured (29.25%), Pulses (18.16%), Dyeing/tanning/colouring materials (18.07%), Electronic goods (12.25%), Non-ferrous metals (9.04%), Metaliferrous ores & other minerals (4.15%), Gold (2.65%), Medcnl. & Pharmaceutical products (0.88%).

Major commodity groups of import showing negative growth in November 2020 over the corresponding month of last year are: Silver (89.71%), Cotton Raw & Waste (74.09%), Newsprint (69.96%), Project Goods (53.01%), Leather & leather products (46.81%), Petroleum, Crude & products (43.36%), Sulphur & Unroasted Iron Pyrites (34.64%),Machine tools (26.55%), Wood &  Wood products (19.81%), Transport equipment (19.62%), Pulp and Waste paper (17.09%), Machinery, electrical & non-electrical (13.37%), Textile yarn Fabric, made-up articles (13.09%), Coal, Coke & Briquettes, etc. (12.15%), Iron & Steel (10.14%), Professional instrument, Optical goods, etc. (8.30%), Pearls, precious & Semi-precious stones (7.16%),Artificial resins, plastic materials, etc. (3.45%), Organic & Inorganic Chemicals (3.23%).

MERCHANDISE TRADE: Preliminary Data, November 2020
Summary: Value in USD Billion

 

Total

Non-Petroleum

Non- Petroleum and Non-Gems &Jewellery

 

2019-20

2020-21

% change

2019-20

2020-21

% change

2019-20

2020-21

% change

Exports

25.77

23.43

-9.07

21.95

21.95

-0.03

19.37

19.26

-0.59

Imports

38.52

33.39

-13.33

27.45

27.12

-1.22

22.44

22.25

-0.84

Deficit

-12.75

-9.96

-21.93

-5.5

-5.17

-5.95

-3.07

-2.99

-2.47

 

Change by top Commodity Groups: Value in USD Million

Top Increase in November 2020 as compared to November 2019

Top Decline in November 2020 as compared to November 2019

Commodity group

Change in value

% change

Commodity group

Change in value

% change

Export

DRUGS AND PHARMACEUTICALS

199.15

11.13

PETROLEUM PRODUCTS

-2330.61

-61.05

IRON ORE

133.12

68.15

ENGINEERING GOODS

-529.56

-8.27

RICE

108.47

24.41

PLASTIC AND LINOELUM

-154.23

-23.34

Import

Electronic goods

512.58

12.25

Petroleum, Crude & products

-4799.93

-43.36

Vegetable Oil

249.17

34.02

Machinery, electrical & non-electrical

-395.88

-13.37

Chemical material & products

208.24

36.08

Transport equipment

-321.04

-19.62

YB/AP