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Shri Narendra Modi
Shri Narendra Modi
Prime Minister of India
NDIA’S MERCHANDISE TRADE: Preliminary Data October 2021

F. No. 2(19)/2020/Stats Div

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

(Statistics Division)

New Delhi, Dated 01st November 2021

India’s merchandise exports in October 2021 was USD 35.47 billion, an increase of 42.33% over USD 24.92 billion in October 2020 and an increase of 35.21% over USD 26.23 billion in October 2019.
India’s merchandise exports in April-October 2021 was USD 232.58 billion, an increase of 54.51% over USD 150.53 billion in April-October 2020 and an increase of 25.45% over USD 185.4 billion in April-October 2019.
India’s merchandise imports in October 2021 was USD 55.37 billion, an increase of 62.49% over USD 34.07 billion in October 2020 and an increase of 45.76% over USD 37.99 billion in October 2019.
India’s merchandise imports in April-October 2021 was USD 331.29 billion, an increase of 78.71% over USD 185.38 billion in April-October 2020 and an increase of 15.81% over USD 286.07 billion in April-October 2019.
The trade deficit in October 2021 was USD 19.9 billion, while it was USD 98.71 billion during April-October 2021.

 

Statement 1: India’s Merchandise Trade in October 2021

Value in Billion USD

% Growth

Oct-21

Oct-20

Oct-19

Oct-21 over Oct-20

Oct-21 over Oct-19

Exports

35.47

24.92

26.23

42.33

35.21

Imports

55.37

34.07

37.99

62.49

45.76

Deficit

19.90

9.15

11.75

117.38

69.29

 

 

Statement 2: India’s Merchandise Trade in Apr-Oct 2021

Value in Billion USD

% Growth

Apr-Oct21

Apr-Oct20

Apr-Oct19

Apr-Oct 21 over Apr-Oct 20

Apr-Oct 21 over Apr-Oct 19

Exports

232.58

150.53

185.40

54.51

25.45

Imports

331.29

185.38

286.07

78.71

15.81

Deficit

98.71

34.85

100.67

183.22

-1.95

 

 

 

 

Value of non-petroleum exports in October 2021 was 30.27 USD billion, registering a positive growth of 29.63% over non-petroleum exports of USD 23.35 billion in October 2020 and a positive growth of 32.84% over non-petroleum exports of USD 22.79 billion in October 2019.

Value of non-petroleum imports was USD 40.94 billion in October 2021 with a positive growth of 45.82% over non-petroleum imports of USD 28.07 billion in October 2020 and a positive growth of 44.87% over non-petroleum imports of USD 28.26 billion in October 2019.

 

 

 

Statement 3: Merchandise Non-POL Trade in October 2021

Value in Billion USD

% Growth

Oct21

Oct20

Oct19

Oct21 over Oct20

Oct21 over Oct19

Exports

30.27

23.35

22.79

29.63

32.84

Imports

40.94

28.07

28.26

45.82

44.87

 

The cumulative value of non-petroleum exports in April-October 2021 was USD 199.41 billion, an increase of 45.59% over USD 136.96 billion in April-October 2020 and an increase of 24.09% over USD 160.7 billion in April-October 2019.

The cumulative value of non-petroleum imports in April-October 2021 was USD 243.89 billion, showing an increase of 65.41% compared to non-oil imports of USD 147.44 billion in April-October 2020 and an increase of 15.51% compared to non-oil imports of USD 211.14 billion in April-October 2019.

 

Statement 4: Merchandise Non-POL Trade Apr-Oct 2021

Value in Billion USD

% Growth

Apr-Oct21

Apr-Oct20

Apr-Oct19

Apr-Oct21 over Apr-Oct20

Apr-Oct21 over Apr-Oct19

Exports

199.41

136.96

160.70

45.59

24.09

Imports

243.89

147.44

211.14

65.41

15.51

 

Value of non-petroleum and non-gems and jewellery exports in October 2021 was USD 26.05 billion, registering a positive growth of 27.54% over non-petroleum and non-gems and jewellery exports of USD 20.43 billion in October 2020 and a positive growth of 36.59% over non-petroleum and non-gems and jewellery exports of USD 19.07 billion in October 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 32.42 billion in October 2021 with a positive growth of 39.29% over non-oil and non-GJ imports of USD 23.27 billion in October 2020 and a positive growth of 30.72% over non-oil and non-GJ imports of USD 24.8 billion in October 2019.

 

Statement 5: Merchandise Non-POL Non-GJ Trade in October 2021

Value in Billion USD

% Growth

Oct-21

Oct-20

Oct-19

Oct21 over Oct20

Oct21 over Oct19

Exports

26.05

20.43

19.07

27.54

36.59

Imports

32.42

23.27

24.80

39.29

30.72

 

 

The cumulative value of non-petroleum and non-gems and jewellery exports in April-October 2021 was USD 175.89 billion, an increase of 40.33% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 125.35 billion in April-October 2020 and an increase of 27.72% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 137.72 billion in April-October 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 196.07 billion in April-October 2021, recording a positive growth of 50.91%, as compared to non-oil and non-GJ imports of USD 129.92 billion in April-October 2020 and a marginal positive growth of 9.87% over USD 178.45 billion in April-October 2019.

Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Oct 2021

Value in Billion USD

% Growth

Apr-Oct 21

Apr-Oct 20

Apr-Oct 19

Apr-Oct 21 over Apr-Oct 20

Apr-Oct 21 over Apr-Oct 19

Exports

175.89

125.35

137.72

40.33

27.72

Imports

196.07

129.92

178.45

50.91

9.87

 

 

 

Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in October 2021 over corresponding month of previous year, as stated below.

 

Statement 7: Exports of Top 10 Major Commodity Groups

Value of Export (Million US$)

Share (%)

Growth (%)

Major Commodity Group

Oct ’21

Oct ’20

Oct ’21

Oct ’21 over Oct ’20

Engineering Goods

9388.28

6229.91

28.19

50.70

Petroleum Products

5197.59

1567.31

14.69

231.63

Gems And Jewellery

4221.73

2926.82

9.67

44.24

Organic And Inorganic Chemicals

2569.28

1810.71

7.11

41.89

Drugs And Pharmaceuticals

2060.09

2078.92

6.14

-0.91

Electronic Goods

1347.93

966.29

3.91

39.50

Cotton Yarn/Fabrics/Made-ups Handloom Products Etc.

1332.75

912.34

3.89

46.08

RMG Of All Textiles

1252.90

1177.56

3.50

6.40

Marine Products

807.80

684.06

2.28

18.09

Plastic And Linoleum

781.49

599.55

2.25

30.35

Total of 10 Major Commodity Groups

28959.84

18953.48

81.62

52.79

Rest

6510.45

5966.93

18.38

9.11

Total Exports

35470.29

24920.41

100.00

42.33

Top 10 major commodity groups, covering about 78% of total imports, have shown below.

Statement 8: Imports of Top 10 Major Commodity Groups

Import (Million US$)

Share (%)

Growth (%)

Major Commodity Group

Oct.’21

Oct.’20

Oct.’21

Oct.’21 over Oct.’20

Petroleum, Crude & products

14430.76

6000.27

26.06

140.50

Electronic goods

6811.03

5533.73

12.30

23.08

Gold

5106.14

2499.97

9.22

104.25

Machinery, electrical & non-electrical

3540.77

2497.29

6.39

41.78

Coal, Coke & Briquettes, etc.

3311.93

1512.88

5.98

118.92

Organic & Inorganic Chemicals

2620.62

1563.23

4.73

67.64

Pearls, precious & Semi-precious stones

2483.01

2291.40

4.48

8.36

Artificial resins, plastic materials, etc.

1727.27

1121.06

3.12

54.07

Vegetable Oil

1624.79

1018.08

2.93

59.59

Iron & Steel

1444.81

985.71

2.61

46.58

Total of 10 Major Commodity Groups

43101.12

25023.62

77.84

72.24

Rest

12266.92

9050.21

22.16

35.54

Total Imports

55368.04

34073.84

100.00

62.49