India’s merchandise export in February 2022 was USD 33.81 billion, an increase of 22.36% over USD 27.63 billion in February 2021 and an increase of 21.88% over USD 27.74 billion in February 2020.
India’s merchandise export in April 2021-February 2022 was USD 374.05 billion, an increase of 45.80% over USD 256.55 billion in April 2020-February 2021 and an increase of 28.16% over USD 291.87 billion in April 2019-February 2020.
India’s merchandise import in February 2022 was USD 55.01 billion, an increase of 34.99% over USD 40.75 billion in February 2021 and an increase of 45.12% over USD 37.90 billion in February 2020.
India’s merchandise import in April 2021-February 2022 was USD 550.12 billion, an increase of 59.21% over USD 345.54 billion in April 2020-February 2021 and an increase of 24.11% over USD 443.24 billion in April 2019-February 2020.
The trade deficit in February 2022 was USD 21.19 billion, while it was 176.07 billion USD during April 2021-February 2022.
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Statement 1: India’s Trade in Merchandise goods in February 2022 |
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|
Value in Billion USD |
% Growth | ||||
| Feb-22 | Feb-21 | Feb-20 | Feb-22 over Feb-21 |
Feb-22 over Feb-20 |
|
|
Exports |
33.81 | 27.63 | 27.74 | 22.36 | 21.88 |
| Imports | 55.01 | 40.75 | 37.90 | 34.99 |
45.12 |
|
Deficit |
21.19 | 13.12 | 10.16 | 61.59 |
108.56 |
|
Statement 2: India’s Trade in Merchandise goods in Apr 2021-Feb 2022 |
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| Value in Billion USD |
% Growth |
||||
|
Apr21-Feb22 |
Apr20-Feb21 | Apr19-Feb20 | Apr21-Feb 22 over Apr20-Feb 21 |
Apr21-Feb 22 over Apr19-Feb 20 |
|
|
Exports |
374.05 | 256.55 | 291.87 | 45.80 | 28.16 |
| Imports | 550.12 | 345.54 | 443.24 | 59.21 |
24.11 |
|
Deficit |
176.07 | 88.99 | 151.37 | 97.86 |
16.32 |
Value of non-petroleum exports in February 2022 was 29.70 USD billion, registering a positive growth of 18.04% over non-petroleum exports of USD 25.16 billion in February 2021 and a positive growth of 22.23% over non-petroleum exports of USD 24.30 billion in February 2020.
Value of non-petroleum imports was USD 39.96 billion in February 2022 with a positive growth of 26.0% over non-petroleum imports of USD 31.72 billion in February 2021 and a positive growth of 47.33% over non-petroleum imports of USD 27.12 billion in February 2020.
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Statement 3: Merchandise Non-POL Trade in February 2022 |
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| Value in Billion USD |
% Growth |
||||
|
Feb-22 |
Feb-21 | Feb-20 | Feb-22 over Feb-21 | Feb-22 over Feb-20 | |
| Exports | 29.70 | 25.16 | 24.30 | 18.04 |
22.23 |
|
Imports |
39.96 | 31.72 | 27.12 | 26.00 |
47.33 |
The cumulative value of non-petroleum exports in April 2021-February 2022 was USD 319.09 billion, an increase of 36.16% over USD 234.36 billion in April 2020-February 2021 and an increase of 26.07% over USD 253.10 billion in April 2019-February 2020.
The cumulative value of non-petroleum imports in April 2021-Feb 2022 was USD 408.63 billion, showing an increase of 49.61% compared to non-oil imports of USD 273.12 billion in April 2020-Feb 2021 and an increase of 26.61% compared to non-oil imports of USD 322.74 billion in April 2019-Feb 2020.
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Statement 4: Merchandise Non-POL Trade Apr 2021-Feb 2022 |
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|
Value in Billion USD |
% Growth | ||||
|
Apr21-Feb22 |
Apr20-Feb21 | Apr19-Feb20 | Apr21-Feb 22 over Apr20-Feb 21 |
Apr21-Feb 22 over Apr19-Feb 20 |
|
|
Exports |
319.09 | 234.36 | 253.10 | 36.16 | 26.07 |
| Imports | 408.63 | 273.12 | 322.74 | 49.61 |
26.61 |
Value of non-petroleum and non-gems and jewellery exports in February 2022 was USD 26.60 billion, registering a positive growth of 18.31% over non-petroleum and non-gems and jewellery exports of USD 22.48 billion in February 2021 and a positive growth of 24.98% over non-petroleum and non-gems and jewellery exports of USD 21.28 billion in February 2020.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 31.61 billion in February 2022 with a positive growth of 31.66% over non-oil and non-GJ imports of USD 24.01 billion in Feb 2021 and a positive growth of 42.31% over non-oil and non-GJ imports of USD 22.21 billion in Feb 2020.
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Statement 5: Merchandise Non-POL Non-GJ Trade in February 2022 |
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|
Value in Billion USD |
% Growth | ||||
| Feb-22 | Feb-21 | Feb-20 | Feb-22 over Feb-21 |
Feb-22 over Feb-20 |
|
|
Exports |
26.60 | 22.48 | 21.28 | 18.31 | 24.98 |
| Imports | 31.61 | 24.01 | 22.21 | 31.66 |
42.31 |
The cumulative value of non-petroleum and non-gems and jewellery exports in April 2021-February 2022 was USD 283.83 billion, an increase of 33.92% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 211.95 billion in April 2020-February 2021 and an increase of 29.47% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 219.22 billion in April 2019-February 2020.
Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 332.85 billion in April 2021-February 2022, recording a positive growth of 44.78%, as compared to non-oil and non-GJ imports of USD 229.89 billion in April 2020-February 2021 and a positive growth of 22.35% over USD 272.05 billion in April 2019-February 2020.
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Statement 6: Merchandise Non-POL Non-GJ Trade Apr 2021-Feb 2022 |
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|
Value in Billion USD |
% Growth |
||||
|
Apr21-Feb22 |
Apr20-Feb21 | Apr19-Feb20 | Apr21-Feb 22 over Apr20-Feb 21 |
Apr21-Feb 22 over Apr19-Feb 20 |
|
|
Exports |
283.83 | 211.95 | 219.22 | 33.92 | 29.47 |
| Imports | 332.85 | 229.89 | 272.05 | 44.78 |
22.35 |
Top 10 major commodity groups covering 80% of total exports in February 2022 are as follows:
|
Statement 7: Exports of Top 10 Major Commodity Groups in February 2022 |
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| Value of Export (Million US$) | Share (%) | Growth (%) | ||
| Major Commodity Group | Feb-22 | Feb-21 | Feb-22 | Feb-22 over Feb-21 |
|
Engineering goods |
9272.37 | 7059.91 | 27.42 | 31.34 |
| Petroleum products | 4109.38 | 2471.16 | 12.15 |
66.29 |
|
Gems and Jewellery |
3105.59 | 2682.08 | 9.18 | 15.79 |
| Organic and Inorganic chemicals | 2407.81 | 1930.21 | 7.12 |
24.74 |
|
Drugs and Pharmaceuticals |
1938.79 | 2001.44 | 5.73 | -3.13 |
| RMG of all Textiles | 1598.64 | 1348.55 | 4.73 |
18.54 |
|
Electronic goods |
1477.76 | 1104.69 | 4.37 | 33.77 |
|
Cotton Yarn/Fabs./Madeups, Handloom products etc. |
1258.88 | 947.64 | 3.72 |
32.84 |
|
Rice |
920.67 | 918.94 | 2.72 | 0.19 |
| Plastic and Linoleum | 793.34 | 631.19 | 2.35 |
25.69 |
| Total of 10 Major Commodity Groups |
26883.24 |
21095.80 | 79.51 |
27.43 |
|
Rest |
6928.61 | 6537.45 | 20.49 | 5.98 |
| Total Exports | 33811.86 | 27633.25 | 100.00 |
22.36 |
Top 10 major commodity groups covering 78% of total imports in February 2022 are as follows:
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Statement 8: Imports of Top 10 Major Commodity Groups in February 2022 |
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|
Import (Million US$) |
Share (%) |
Growth (%) |
||
|
Major Commodity Group |
Feb-22 | Feb-21 | Feb-22 | Feb-22 over Feb-21 |
|
Petroleum, Crude & products |
15042.44 | 9031.45 | 27.35 |
66.56 |
|
Electronic goods |
6244.93 | 4843.82 | 11.35 | 28.93 |
| Gold | 4684.79 | 5290.40 | 8.52 |
-11.45 |
|
Machinery, electrical & non-electrical |
3612.66 | 3184.00 | 6.57 | 13.46 |
|
Pearls, precious & Semi-precious stones |
3186.03 | 2408.50 | 5.79 |
32.28 |
|
Coal, Coke & Briquettes, etc. |
2860.20 | 1318.11 | 5.20 | 116.99 |
|
Organic & Inorganic Chemicals |
2434.07 | 2039.23 | 4.43 |
19.36 |
|
Artificial resins, plastic materials, etc. |
1704.53 | 1458.36 | 3.10 | 16.88 |
|
Fertilisers, Crude & manufactured |
1670.20 | 224.57 | 3.04 |
643.73 |
|
Iron & Steel |
1603.74 | 1239.36 | 2.92 | 29.40 |
|
Total of 10 Major Commodity Groups |
43043.59 | 31037.80 | 78.25 |
38.68 |
|
Rest |
11961.83 | 9710.85 | 21.75 | 23.18 |
| Total Imports | 55005.42 | 40748.65 | 100.00 |
34.99 |
Top 10 major commodity groups covering 80% of total exports in April 2021 –Feb 2022 are as follows:
|
Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-February 2022 |
||||
| Value of Export (Million US$) | Share (%) | Growth (%) | ||
|
Major Commodity Group |
Apr21-Feb22 | Apr20-Feb21 | Apr21-Feb22 | Apr21-Feb22 over Apr20-Feb21 |
| Engineering goods | 100927.31 | 67421.24 | 26.98 |
49.70 |
|
Petroleum products |
54958.67 | 22195.00 | 14.69 | 147.62 |
| Gems and Jewellery | 35258.63 | 22409.82 | 9.43 |
57.34 |
|
Organic and Inorganic chemicals |
26470.62 | 19799.60 | 7.08 | 33.69 |
|
Drugs and Pharmaceuticals |
22185.08 | 22148.98 | 5.93 |
0.16 |
|
RMG of all Textiles |
14273.26 | 10846.26 | 3.82 | 31.60 |
|
Cotton Yarn/Fabs./Madeups, Handloom products etc. |
13949.35 | 8722.84 | 3.73 |
59.92 |
|
Electronic goods |
13838.07 | 9692.61 | 3.70 | 42.77 |
| Plastic and Linoleum | 8961.25 | 6743.31 | 2.40 |
32.89 |
|
Rice |
8617.48 | 7712.67 | 2.30 | 11.73 |
|
Total of 10 Major Commodity Groups |
299439.72 | 197692.35 | 80.05 |
51.47 |
|
Rest |
74610.74 | 58859.53 | 19.95 | 26.76 |
| Total Exports | 374050.47 | 256551.88 | 100.00 |
45.80 |
Top 10 major commodity groups covering 77% of total imports in April 2021 -Feb 2022 are as follows:
|
Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-February 2022 |
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|
Import (Million US$) |
Share (%) | Growth (%) | ||
| Major Commodity Group | Apr21-Feb22 | Apr20-Feb21 | Apr21-Feb22 | Apr21-Feb22 over Apr20-Feb21 |
|
Petroleum, Crude & products |
141486.97 | 72412.48 | 27.35 | 95.39 |
| Electronic goods | 64745.48 | 48423.77 | 11.35 |
33.71 |
|
Gold |
45033.98 | 26110.24 | 8.52 | 72.48 |
|
Machinery, electrical & non-electrical |
36392.76 | 26570.80 | 6.57 |
36.97 |
| Pearls, precious & Semi-precious stones | 27595.98 | 16340.69 | 5.79 | 68.88 |
|
Organic & Inorganic Chemicals |
27498.42 | 17722.78 | 4.43 |
55.16 |
|
Coal, Coke & Briquettes, etc. |
27120.61 | 14538.79 | 5.20 | 86.54 |
|
Artificial resins, plastic materials, etc. |
18238.74 | 11790.09 | 3.10 |
54.70 |
|
Transport equipment |
18211.83 | 16438.43 | 2.22 | 10.79 |
| Vegetable Oil | 17240.22 | 10012.30 | 2.47 |
72.19 |
|
Total of 10 Major Commodity Groups |
423564.98 | 260360.38 | 77.00 | 62.68 |
| Rest | 126552.82 | 85176.63 | 23.00 |
48.58 |
|
Total Imports |
550117.80 | 345537.01 | 100.00 |
59.21 |
The Press Release can be accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1802398