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India's merchandise exports in June 2021 was US$ 32.46 billion, an increase of 47.34% over US$ 22.03 billion in June 2020 and an increase of 29.7% over US$ 25.03 billion in June 2019

Press Information Bureau:  July 05, 2021

India’s merchandise exports in June 2021 was US$ 32.46 billion, an increase of 47.34% over US$ 22.03 billion in June 2020 and an increase of 29.7% over US$ 25.03 billion in June 2019. India’s merchandise exports in Apr-June 2021 was US$ 95.36 billion, an increase of 85.36% over US$ 51.44 billion in Apr-June 2020 and an increase of17.85% over US$ 80.91 billion in Apr-June 2019.

India’s merchandise imports in June 2021 was US$ 41.86 billion, an increase of 96.33% over US$ 21.32 billion in June 2020 and an increase of 2.03% over US$ 41.03 billion in June 2019. India’s merchandise imports in Apr-June 2021 was US$ 126.14 billion, an increase of 107.99% over US$ 60.65 billion in Apr-June 2020 and a decrease of 3.05% over US$ 130.1 billion in Apr-June 2019.

India is thus a net importer in June 2021 with a trade deficit of US$ 9.4 billion, widened by 1426.6% over trade surplus of US$ 0.71 billion in June 2020 (India was net exporter in June 2020) and narrowed down by 41.26% over trade deficit of US$ 16.0 billion in June 2019.

In June 2021, the value of non-petroleum exports was US$ 28.51 billion, registering a positive growth of 41.8% over US$ 20.11 billion in June 2020 and a positive growth of 27.33% over US$ 22.39 billion in June 2019.

The cumulative value of non-petroleum exports in April-June 2021 was US$ 82.45 billion, an increase of 76.76% over US$ 46.65 billion in April-June 2020 and an increase of 18.13% over US$ 69.8 billion in April-June 2019.

The value of non-petroleum and non-gems and jewellery exports in June 2021 was US$ 25.69 billion, registering a positive growth of 38.53% over US$ 18.54 billion in June 2020 and a positive growth of 33.61% over US$ 19.23 billion in June 2019.

The cumulative value of non-petroleum and non-gems and jewellery exports in April-June 2021 was US$ 73.28 billion, an increase of 66.61% over US$ 43.98 billion in April-June 2020 and an increase of 21.46% over US$ 60.33 billion in April-June 2019.

In June 2021, Oil imports was US$ 10.68 billion, a positive growth of 114.92% compared to US$ 4.97 billion in June 2020 and a negative growth of 4.72 compared to US$ 11.21 billion in June 2019.

Oil imports during Apr-June 2021was US$ 31.0 billion, a positive growth of 136.36% compared to US$ 13.12 billion in Apr-June 2020 and a negative growth of 12.33 compared to US$ 35.36 billion in Apr-June 2019.

Non-oil imports in June 2021 was US$ 31.19 billion, showing an increase of 90.68% compared to US$ 16.36 billion in June 2020 and an increase of 4.56% compared to US$ 29.83 billion in June 2019.

Non-oil imports in Apr-June 2021 was estimated at US$ 95.14 billion, showing an increase of 100.16% compared to US$ 47.53 billion in Apr-June 2020 and a marginal increase of 0.42% compared to US$ 94.74 billion in Apr-June 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was US$ 27.63 billion in June 2021, recording a positive growth of 84.53%, as compared to non-oil and non-GJ imports of US$ 14.98 billion in June 2020 and a positive growth of 12.51% over US$ 24.56 billion in June 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was US$ 79.92 billion in Apr-June 2021, recording a positive growth of 76.63%, as compared to non-oil and non-GJ imports of US$ 45.25 billion in Apr-June 2020 and a positive growth of 4.78% over US$ 76.28 billion in Apr-June 2019.

Major commodity groups of export showing positive growth in June 2021 over June 2019 are: Other cereals (299.29%), Iron ore (134.46%), Organic and Inorganic Chemicals (62.41%), Cereal preparations and miscellaneous processed item (56.63%), Oil meals (53.99%), Cotton yarn/fabrics/made-ups, handloom products etc. (50.86%), Petroleum products (49.82%), Plastic and linoleum (46.84%), Rice (43.82%), Engineering goods (41.66%), Carpet (25.15%), Jute mfg. Including floor covering (23.97%), Man-made yarn/fabrics/made-ups etc. (23.66%), Mica, coal and other ores, minerals including process (22.43%), Ceramic products and glassware (21.81%), Marine products (20.71%), Fruits and vegetables (20.38%), Meat, dairy and poultry products (19.92%), Handicrafts excl. Hand-made carpet (18.83%), Coffee (15.73%), Tobacco (12.95%), Electronic Goods (11.89%), Drugs and pharmaceuticals (9.9%), Spices (8.7%), and Oil Seeds (1.24%).

Only 5 major commodity groups of export showing negative growth in June 2021 over June 2019. These are: Cashew (-44.86%), Tea (-25.08%), Leather and leather manufactures (-21.0%), RMG of All Textiles (-18.76%), and Gems and Jewellery (-10.76%).

Major commodity groups of import showing positive growth in June 2021 over June 2019 are: Sulphur & Unroasted Iron Pyrites (270.96%), Medicinal& Pharmaceutical products (132.19%), Vegetable Oil (118.87%), Pulses (110.75%), Professional instrument, Optical goods, etc. (70.88%), Metalliferous ores & other minerals (56.5%), Chemical material & products 56.48%), Fertilisers, Crude & manufactured (37.28%), Fruits & vegetables (30.35%), Organic & Inorganic Chemicals (30.09%), Non-ferrous metals (28.19%), Pearls, precious & Semi-precious stones (19.54%), Pulp and Waste paper (17.08%), Artificial resins, plastic materials, etc. (12.3%), Wood & Wood products (8.26%), Machine tools (6.87%), Dyeing/tanning/colouring materials (3.85%), Machinery, electrical & non-electrical (2.55%), and Iron & Steel (0.66%).

Major commodity groups of import showing negative growth in June 2021 over June 2019 are: Silver (-97.16%), Gold (-64.04%), Project Goods (-53.69%), Cotton Raw & Waste (-51.03%), Newsprint (-45.05%), Transport equipment (-22.47%), Leather & leather products (-18.43%), Coal, Coke & Briquettes, etc. (-12.56%), Textile yarn Fabric, made-up articles (-9.66%), Petroleum, Crude & products (-4.72%), and Electronic goods (-3.4%).

 MERCHANDISE TRADE: Preliminary Data, June 2021
Summary Value in US$ Billion

 

 

 

Total

Non-Petroleum

Non- Petroleum and Non-Gems &Jewellery

JUN19

JUN20

JUN21

% change Jun21 over Jun20

% change Jun21 over Jun19

JUN19

JUN20

JUN21

% change Jun21 over Jun20

% change Jun21 over Jun19

JUN19

JUN20

JUN21

% change Jun21 over Jun20

% change Jun21 over Jun19

Exports

25.03

22.03

32.46

47.34

29.70

22.39

20.11

28.51

41.80

27.33

19.23

18.54

25.69

38.53

33.61

Imports

41.03

21.32

41.86

96.33

2.03

29.83

16.36

31.19

90.68

4.56

24.56

14.98

27.63

84.53

12.51

Deficit/Surplus

16.00

-0.71

9.40

-1426.56

-41.26

7.44

-3.75

2.68

-171.36

-64.01

5.34

-3.57

1.95

-154.60

-63.51

Change by top Commodity Groups in Export Value in US$ Million
 

 

Top Increase

Top Decline

 

Commodity group

Change (US$ Million)

% change

Commodity group

Change (US$ Million)

% change

EXPORT (JUN ’21 OVER JUN’20)

ENGINEERING GOODS

3201.01

52.61

OIL SEEDS

-38.13

-32.75

PETROLEUM PRODUCTS

2025.69

105.20

SPICES

-29.23

-8.41

GEMS AND JEWELLERY

1259.59

80.49

TEA

-12.10

-18.57

EXPORT (JUN ’20 OVER JUN’19)

ORGANIC AND INORGANIC CHEMICALS

317.71

19.33

GEMS AND JEWELLERY

-1600.07

-50.56

DRUGS AND PHARMACEUTICALS

181.80

9.90

PETROLEUM PRODUCTS

-711.75

-26.99

RICE

165.47

32.11

ENGINEERING GOODS

-470.65

-7.18

EXPORT (JUN ’21 OVER JUN’19)

ENGINEERING GOODS

2730.36

41.66

GEMS AND JEWELLERY

-340.48

-10.76

PETROLEUM PRODUCTS

1313.94

49.82

RMG OF ALL TEXTILES

-231.28

-18.76

ORGANIC AND INORGANIC CHEMICALS

1025.72

62.41

LEATHER AND LEATHER MANUFACTURERS

-86.39

-21.00

 Change by top Commodity Groups in Import Value in US$ Million

 

Top Increase

Top Decline

 

Commodity group

Change (US$ Million)

% change

Commodity group

Change (US$ Million)

% change

IMPORT (JUN ’21 OVER JUN’20)

Petroleum, Crude & products

5708.67

114.92

Silver

-125.49

-91.38

Pearls, precious & Semi-precious stones

1936.90

305.09

Project goods

-10.79

-12.49

Electronic goods

1434.84

45.30

ALL OTHER MAJOR COMMODITY GROUPS HAVE INCREASED

IMPORT (JUN ’20 OVER JUN’19)

 Vegetable Oil

54.72

8.37

Petroleum, Crude & products

-6237.48

-55.67

Sulphur & Unroasted Iron Pyrites

1.87

25.45

Gold

-2088.1

-77.43

ALL OTHER MAJOR COMMODITY GROUPS HAVE DECLINED

Electronic goods

-1596.84

-33.52

IMPORT (JUN ’21 OVER JUN’19)

 Vegetable Oil

776.97

118.87

Gold

-1726.93

-64.04

Medicinal. & Pharmaceutical products

704.79

132.19

Petroleum, Crude & products

-528.81

-4.72

Organic & Inorganic Chemicals

567.10

30.09

Silver

-405.11

-97.16

 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.