INDIA’S MERCHANDISE TRADE: Preliminary Information January 2022


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).

 

Assertion 1: India’s Merchandise Commerce in January 2022

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

 

 

Assertion 2: India’s Merchandise Commerce in 2021-22 (April-January)

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.

 

 

Assertion 3: Merchandise Non-POL Commerce in January 2022

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).

 

 

Assertion 4: Merchandise Non-POL Commerce 2021-22 (Apr-Jan)

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.

 

Assertion 5: Merchandise Non-POL Non-GJ Commerce in January 2022

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).

 

Assertion 6: Merchandise Non-POL Non-GJ Commerce Apr 2021-Jan 2022

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 –

 

 

Assertion 7: Exports of High 10 Main Commodity Teams

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 –

 

Assertion 8: Imports of High 10 Main Commodity Teams

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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