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INDIA’S MERCHANDISE TRADE: Preliminary Information January 2022
India’s merchandise export in January 2022 was USD 34.06 billion, a rise of 23.69% over USD 27.54 billion in January 2021 and a rise of 31.75% over USD 25.85 billion in January 2020.
India’s merchandise export in 2021-22 (April-January) was USD 335.44 billion, a rise of 46.53% over USD 228.9 billion in 2020-21 (April-January) and a rise of 27.0% over USD 264.13 billion in 2019-20 (April-January).
India’s merchandise import in January 2022 was USD 52.01 billion, a rise of 23.74% over USD 42.03 billion in January 2021 and a rise of 26.38% over USD 41.15 billion in January 2020.
India’s merchandise import in 2021-22 (April-January) was USD 495.83 billion, a rise of 62.68% over USD 304.79 billion in 2020-21 (April-January) and a rise of twenty-two.3% over USD 405.33 billion in 2019-20 (April-January).
The commerce deficit in January 2022 was USD 17.94 billion, whereas it was 160.38 billion USD throughout 2021-22 (April-January).
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Assertion 1: India’s Merchandise Commerce in January 2022 |
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|
Worth in Billion USD |
% Progress |
|||||
|
Jan-22 |
Jan-21 |
Jan-20 |
Jan-22 over Jan-21 |
Jan-22 over Jan-20 |
||
|
Exports |
34.06 |
27.54 |
25.85 |
23.69 |
31.75 |
|
|
Imports |
52.01 |
42.03 |
41.15 |
23.74 |
26.38 |
|
|
Deficit |
17.94 |
14.49 |
15.30 |
23.82 |
17.30 |
|
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Assertion 2: India’s Merchandise Commerce in 2021-22 (April-January) |
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|
Worth in Billion USD |
% Progress |
||||
|
2021-22 (Apr-Jan) |
2020-21 (Apr-Jan) |
2019-20 (Apr-Jan) |
2021-22 (Apr-Jan) over 2020-21 (Apr-Jan) |
2021-22 (Apr-Jan) over 2019-20 (Apr-Jan) |
|
|
Exports |
335.44 |
228.90 |
264.13 |
46.53 |
27.0 |
|
Imports |
495.83 |
304.79 |
405.33 |
62.68 |
22.30 |
|
Deficit |
160.38 |
75.87 |
141.2 |
112.97 |
13.51 |
Worth of non-petroleum exports in January 2022 was 30.33 USD billion, registering a optimistic progress of 19.4% over non-petroleum exports of USD 25.4 billion in January 2021 and a optimistic progress of 33.81% over non-petroleum exports of USD 22.67 billion in January 2020. Worth of non-petroleum imports was USD 40.57 billion in January 2022 with a optimistic progress of 24.44% over non-petroleum imports of USD 32.61 billion in January 2021 and a optimistic progress of 44.19% over non-petroleum imports of USD 28.14 billion in January 2020.
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Assertion 3: Merchandise Non-POL Commerce in January 2022 |
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|
Worth in Billion USD |
% Progress |
|||||
|
Jan-22 |
Jan-21 |
Jan-20 |
2021-22 (Apr-Jan) |
2020-21 (Apr-Jan) |
||
|
Exports |
30.33 |
25.40 |
22.67 |
19.40 |
33.81 |
|
|
Imports |
40.57 |
32.61 |
28.14 |
24.44 |
44.19 |
|
The cumulative worth of non-petroleum exports in 2021-22 (Apr-Jan) was USD 287.84 billion, a rise of 37.59% over USD 209.19 billion in 2020-21 (Apr-Jan) and a rise of 25.8% over USD 228.8 billion in 2019-20 (Apr-Jan).
The cumulative worth of non-petroleum imports in 2021-22 (Apr-Jan) was USD 366.14 billion, exhibiting a rise of 51.67% in comparison with non-oil imports of USD 241.41 billion in 2020-21 (Apr-Jan) and a rise of 23.86% in comparison with non-oil imports of USD 295.61 billion in 2019-20 (Apr-Jan).
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Assertion 4: Merchandise Non-POL Commerce 2021-22 (Apr-Jan) |
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|
Worth in Billion USD |
% Progress |
|||||
|
2021-22(Apr-Jan) |
2021-22 (Apr-Jan) |
2019-20(Apr-Jan) |
2021-22 (Apr-Jan) over 2020-21 (Apr-Jan) |
2021-22 (Apr-Jan) over 2019-20 (Apr-Jan) |
||
|
Exports |
287.84 |
209.19 |
228.80 |
37.59 |
25.8 |
|
|
Imports |
366.14 |
241.41 |
295.61 |
51.67 |
23.86 |
|
Worth of non-petroleum and non-gems and jewelry exports in January 2022 was USD 27.09 billion, registering a optimistic progress of 20.1% over non-petroleum and non-gems and jewelry exports of USD 22.56 billion in January 2021 and a optimistic progress of 36.92% over non-petroleum and non-gems and jewelry exports of USD 19.79 billion in January 2020.
Worth of non-oil, non-GJ (gold, silver & Treasured metals) imports was USD 35.22 billion in January 2022 with a optimistic progress of 33.6percentover non-oil and non-GJ imports of USD 26.36 billion in January 2021and a optimistic progress of 41.63% over non-oil and non-GJ imports of USD 24.87 billion in January 2020.
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Assertion 5: Merchandise Non-POL Non-GJ Commerce in January 2022 |
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|
Worth in Billion USD |
% Progress |
||||
|
Jan-22 |
Jan-21 |
Jan-20 |
Jan-22 over Jan-21 |
Jan-22 over Jan-20 |
|
|
Exports |
27.09 |
22.56 |
19.79 |
20.10 |
36.92 |
|
Imports |
35.22 |
26.36 |
24.87 |
33.60 |
41.63 |
The cumulative worth of non-petroleum and non-gems and jewelry exports in 2021-22 (April-January) was USD 255.69 billion, a rise of 34.95% over cumulative worth of non-petroleum and non-gems and jewelry exports of USD 189.47 billion in 2020-21(April-January) and a rise of 29.18% over cumulative worth of non-petroleum and non-gems and jewelry exports of USD 197.94 billion in 2019-20 (April-January).
Non-oil, non-GJ (Gold, Silver & Treasured Metals) imports was USD 298.65 billion in 2021-22 (April-January), recording a optimistic progress of 45.06%, as in comparison with non-oil and non-GJ imports of USD 205.88 billion in 2020-21(April-January) and a optimistic progress of 19.54% over USD 249.83 billion in 2019-20 (April-January).
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Assertion 6: Merchandise Non-POL Non-GJ Commerce Apr 2021-Jan 2022 |
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|
Worth in Billion USD |
% Progress |
||||
|
2021-22 (Apr-Jan) |
2021-22 (Apr-Jan) |
2019-20 (Apr-Jan) |
2021-22 (Apr-Jan) over 2020-21 (Apr-Jan) |
2021-22 (Apr-Jan) over 2019-20 (Apr-Jan) |
|
|
Exports |
255.69 |
189.47 |
197.94 |
34.95 |
29.18 |
|
Imports |
298.65 |
205.88 |
249.83 |
45.06 |
19.54 |
High 10 main commodity teams masking 78% of complete exports in January 2022,are –
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Assertion 7: Exports of High 10 Main Commodity Teams |
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|
Worth of Export (Million US$) |
Share (%) |
Progress (%) |
|||
|
Main Commodity Group |
Jan-22 |
Jan-21 |
Jan-22 |
Jan-22 over Jan-21 |
|
|
Engineering items |
9201.76 |
7413.15 |
27.01 |
24.13 |
|
|
Petroleum merchandise |
3732.26 |
2136.00 |
10.96 |
74.73 |
|
|
Gems and Jewelry |
3236.98 |
2843.62 |
9.50 |
13.83 |
|
|
Natural and Inorganic chemical substances |
2447.89 |
1942.16 |
7.19 |
26.04 |
|
|
Medicine and Prescribed drugs |
2054.24 |
2075.22 |
6.03 |
-1.01 |
|
|
Cotton Yarn/Fabs./Madeups, Handloom merchandise and so forth. |
1389.46 |
974.54 |
4.08 |
42.58 |
|
|
RMG of all Textiles |
1549.00 |
1295.91 |
4.55 |
19.53 |
|
|
Digital items |
1364.63 |
1180.09 |
4.01 |
15.64 |
|
|
Plastic and Linoleum |
844.47 |
638.37 |
2.48 |
32.29 |
|
|
Rice |
813.75 |
769.89 |
2.39 |
5.70 |
|
|
Whole of 10 Main Commodity Teams |
26634.46 |
21268.95 |
78.19 |
25.23 |
|
|
Relaxation |
7428.41 |
6269.33 |
21.81 |
18.49 |
|
|
Whole Exports |
34062.87 |
27538.28 |
100.00 |
23.69 |
|
High 10 main commodity teams masking 75% of complete imports in January 2022, are –
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Assertion 8: Imports of High 10 Main Commodity Teams |
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|
Import (Million US$) |
Share (%) |
Progress (%) |
||||
|
Main Commodity Group |
Jan-22 |
Jan-21 |
Jan-22 |
Jan-22 over Jan-21 |
||
|
Petroleum, Crude & merchandise |
11431.59 |
9424.30 |
21.98 |
21.30 |
||
|
Digital items |
8216.74 |
5256.61 |
15.80 |
56.31 |
||
|
Gold |
2404.19 |
4035.23 |
4.62 |
-40.42 |
||
|
Equipment, electrical & non-electrical |
4038.80 |
3367.71 |
7.77 |
19.93 |
||
|
Natural & Inorganic Chemical substances |
2673.76 |
1983.66 |
5.14 |
34.79 |
||
|
Pearls, treasured & Semi-precious stones |
2332.04 |
2196.40 |
4.48 |
6.18 |
||
|
Coal, Coke & Briquettes, and so forth. |
2606.53 |
1865.66 |
5.01 |
39.71 |
||
|
Synthetic resins, plastic supplies, and so forth. |
1762.08 |
1530.64 |
3.39 |
15.12 |
||
|
Vegetable Oil |
1858.58 |
1135.45 |
3.57 |
63.69 |
||
|
Non-ferrous metals |
1831.41 |
1349.99 |
3.52 |
35.66 |
||
|
Whole of 10 Main Commodity Teams |
39155.69 |
32145.65 |
75.29 |
21.81 |
||
|
Relaxation |
12850.22 |
9884.42 |
24.71 |
30.00 |
||
|
Whole Imports |
52005.91 |
42030.07 |
100.00 |
23.74 |
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