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PRESS RELEASE INDIA’S MERCHANDISE TRADE: Preliminary Knowledge March 2022
India has achieved highest month-to-month worth of merchandise export in March 2022 amounting USD 40.38 billion, a rise of 14.53% over USD 35.26 billion in March 2021 and a rise of 87.89% over USD 21.49 billion in March 2020.
India’s merchandise import in April 2021-March 2022 was USD 610.22 billion, a rise of 54.71%
over USD 394.44 billion in April 2020-March 2021 and a rise of 28.55% over USD 474.71 billion in April 2019-March 2020. The commerce deficit in March 2022 was USD 18.69 billion, whereas it was 192.41billion USD throughout April 2021-March 2022.
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Assertion 1: India’s Complete Commerce in Merchandise items in March2022 |
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Worth in Billion USD |
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Assertion 2: India’s Complete Commerce in Merchandise items in Apr 2021–Mar2022 |
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India’s merchandise import in April 2021-March 2022 was USD 610.22 billion, a rise of 54.71% over USD 394.44 billion in April 2020-March 2021 and a rise of 28.55% over USD 474.71 billion in April 2019-March 2020.
The commerce deficit in March 2022 was USD 18.69 billion, whereas it was 192.41billion USD throughout April 2021-March 2022.
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Assertion 1: India’s Complete Commerce in Merchandise items in March2022 |
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Worth in Billion USD |
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Assertion 1: India’s Complete Commerce in Merchandise items in March2022 |
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Worth in Billion USD |
% Progress |
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Mar-22 |
Mar-21 |
Mar-20 |
Mar-22 over Mar-21 |
Mar-22 over Mar-20 |
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Exports |
40.38 |
35.26 |
21.49 |
14.53 |
87.89 |
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Imports |
59.07 |
48.90 |
31.47 |
20.79 |
87.68 |
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Deficit |
18.69 |
13.64 |
9.98 |
36.97 |
87.23 |
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Worth of non-petroleum exports in March 2022 was 33.00 USD billion, registering a optimistic progress of 4.28% over non-petroleum exports of USD 31.65 billion in March 2021 and a optimistic progress of 73.94% over non-petroleum exports of USD 18.97 billion in March 2020.
Worth of non-petroleum imports was USD 40.66 billion in March 2022 with a optimistic progress of 5.26% over non-petroleum imports of USD 38.63 billion in March 2021 and a optimistic progress of 89.79% over non-petroleum imports of USD 21.42 billion in March 2020.
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Assertion 3: Merchandise Non-POL Commerce in March 2022 |
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Worth in Billion USD |
% Progress |
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Mar-22 |
Mar-21 |
Mar-20 |
Mar-22 over Mar-21 |
Mar-22 over Mar-20 |
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Exports |
33.00 |
31.65 |
18.97 |
4.28 |
73.94 |
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Imports |
40.66 |
38.63 |
21.42 |
5.26 |
89.79 |
The cumulative worth of non-petroleum exports in April 2021-March 2022 was USD 352.76 billion, a rise of 32.62% over USD 266.00 billion in April 2020-March 2021 and a rise of 29.66% over USD 272.07 billion in April 2019-March 2020.
The cumulative worth of non-petroleum imports in April 2021-March 2022 was USD 449.54 billion, exhibiting a rise of 44.2% in comparison with non-oil imports of USD 311.75 billion in April 2020-March 2021 and a rise of 30.62% in comparison with non-oil imports of USD 344.16 billion in April 2019-March 2020
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Assertion 4: Merchandise Non-POL Commerce Apr 2021-Mar 2022 |
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Worth in Billion USD |
% Progress |
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Apr21-Mar22 |
Apr20-Mar21 |
Apr19-Mar20 |
Apr21-Mar22 over Apr20-Mar21 |
Apr21-Mar22 over Apr19-Mar20 |
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Exports |
352.76 |
266.00 |
272.07 |
32.62 |
29.66 |
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Imports |
449.54 |
311.75 |
344.16 |
44.20 |
30.62 |
Worth of non-petroleum and non-gems and jewelry exports in March 2022 was USD 29.38 billion, registering a optimistic progress of 4.79% over non-petroleum and non-gems and jewelry exports of USD 28.03 billion in March 2021 and a optimistic progress of 73.28% over non-petroleum and non-gems and jewelry exports of USD 16.95 billion in March 2020.
Worth of non-oil, non-GJ (gold, silver & Valuable metals) imports was USD 36.18 billion in March 2022 with a optimistic progress of 31.21% over non-oil and non-GJ imports of USD 27.58 billion in March 2021 and a optimistic progress of 93.52% over non-oil and non-GJ imports of USD 18.70 billion in March 2020.
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Assertion 5: Merchandise Non-POL Non-GJ Commerce in March 2022 |
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Worth in Billion USD |
% Progress |
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Mar-22 |
Mar-21 |
Mar-20 |
Mar-22 over Mar-21 |
Mar-22 over Mar-20 |
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Exports |
29.38 |
28.03 |
16.95 |
4.79 |
73.28 |
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Imports |
36.18 |
27.58 |
18.70 |
31.21 |
93.52 |
The cumulative worth of non-petroleum and non-gems and jewelry exports in April 2021-March 2022 was USD 313.82 billion, a rise of 30.77% over cumulative worth of non-petroleum and non-gems and jewelry exports of USD 239.98 billion in April 2020-March 2021 and a rise of 32.88% over cumulative worth of non-petroleum and non-gems and jewelry exports of USD 236.17 billion in April 2019-March 2020.
Non-oil, non-GJ (Gold, Silver & Valuable Metals) imports was USD 369.19 billion in April 2021-March 2022, recording a optimistic progress of 43.39%, as in comparison with non-oil and non-GJ imports of USD 257.47 billion in April 2020-March 2021 and a optimistic progress of 26.98% over USD 290.74 billion in April 2019-March 2020.
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Assertion 6: Merchandise Non-POL Non-GJ Commerce Apr 2021-Mar 2022 |
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Worth in Billion USD |
% Progress |
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Apr21-Mar22 |
Apr20-Mar21 |
Apr19-Mar20 |
Apr21-Mar22 over Apr20-Mar21 |
Apr21-Mar22 over Apr19-Mar20 |
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Exports |
313.82 |
239.98 |
236.17 |
30.77 |
32.88 |
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Imports |
369.19 |
257.47 |
290.74 |
43.39 |
26.98 |
Prime 10 main commodity teams overlaying 81% of complete exports in March 2022,are –
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Assertion 7: Exports of Prime 10 Main Commodity Teams in March 2022 |
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Worth of Export (Million US$) |
Share (%) |
Progress (%) |
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Main Commodity Group |
Mar-22 |
Mar-21 |
Mar-22 |
Mar-22 over Mar-21 |
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Engineering items |
10470.80 |
9298.36 |
25.93 |
12.61 |
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Petroleum merchandise |
7377.07 |
3609.36 |
18.27 |
104.39 |
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Gems and Jewelry |
3624.34 |
3613.01 |
8.98 |
0.31 |
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Natural and Inorganic chemical compounds |
2649.59 |
2288.87 |
6.56 |
15.76 |
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Medicine and Prescription drugs |
2261.65 |
2295.05 |
5.60 |
-1.46 |
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Digital items |
1740.56 |
1400.67 |
4.31 |
24.27 |
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RMG of all Textiles |
1661.50 |
1425.95 |
4.11 |
16.52 |
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Cotton Yarn/Fabs./Madeups, Handloom merchandise and so on. |
1290.26 |
1105.05 |
3.20 |
16.76 |
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Rice |
985.48 |
1116.54 |
2.44 |
-11.74 |
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Plastic and Linoleum |
811.53 |
719.54 |
2.01 |
12.78 |
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Complete of 10 Main Commodity Teams |
32872.78 |
26872.40 |
81.41 |
22.33 |
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Relaxation |
7506.82 |
8384.20 |
18.59 |
-10.46 |
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Complete Exports |
40379.59 |
35256.60 |
100.00 |
14.53 |
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Prime 10 main commodity teams overlaying 81% of complete importsin March 2022, are –
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Assertion 8: Imports of Prime 10 Main Commodity Teams in March 2022 |
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Import (Million US$) |
Share (%) |
Progress (%) |
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Main Commodity Group |
Mar-22 |
Mar-21 |
Mar-22 |
Mar-22 over Mar-21 |
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Petroleum, Crude & merchandise |
18406.97 |
10271.38 |
31.16 |
79.21 |
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Digital items |
8293.79 |
5864.15 |
14.04 |
41.43 |
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Coal, Coke & Briquettes, and so on. |
4390.95 |
1735.74 |
7.43 |
152.97 |
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Equipment, electrical & non-electrical |
3457.83 |
3513.68 |
5.85 |
-1.59 |
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Pearls, treasured & Semi-precious stones |
3337.02 |
2547.27 |
5.65 |
31.00 |
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Natural & Inorganic Chemical compounds |
2720.91 |
2102.57 |
4.61 |
29.41 |
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Transport tools |
1993.64 |
2210.75 |
3.38 |
-9.82 |
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Synthetic resins, plastic supplies, and so on. |
1861.93 |
1719.92 |
3.15 |
8.26 |
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Vegetable Oil |
1674.59 |
1076.81 |
2.84 |
55.51 |
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Fertilisers, Crude & manufactured |
1615.96 |
204.16 |
2.74 |
691.50 |
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Complete of 10 Main Commodity Teams |
47753.59 |
31246.42 |
80.85 |
52.83 |
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Relaxation |
11312.37 |
17652.44 |
19.15 |
-35.92 |
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Complete Imports |
59065.96 |
48898.86 |
100.00 |
20.79 |
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Prime 10 main commodity teams overlaying 80% of complete exports in April 2021-March 2022, are –
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Assertion 9: Exports of Prime 10 Main Commodity Teams in April 2021-March 2022 |
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Worth of Export (Million US$) |
Share (%) |
Progress (%) |
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Main Commodity Group |
Apr21-Mar22 |
Apr20-Mar21 |
Apr21-Mar22 |
Apr21-Mar22 over Apr20-Mar21 |
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Engineering items |
111632.94 |
76719.60 |
26.72 |
45.51 |
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Petroleum merchandise |
65044.80 |
25804.37 |
15.57 |
152.07 |
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Gems and Jewelry |
38942.88 |
26022.82 |
9.32 |
49.65 |
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Natural and Inorganic chemical compounds |
29152.67 |
22088.48 |
6.98 |
31.98 |
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Medicine and Prescription drugs |
24475.36 |
24444.03 |
5.86 |
0.13 |
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RMG of all Textiles |
15936.70 |
12272.21 |
3.81 |
29.86 |
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Digital items |
15588.06 |
11093.29 |
3.73 |
40.52 |
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Cotton Yarn/Fabs./Madeups, Handloom merchandise and so on. |
15244.20 |
9827.89 |
3.65 |
55.11 |
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Plastic and Linoleum |
9783.35 |
7462.85 |
2.34 |
31.09 |
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Rice |
9625.50 |
8829.21 |
2.30 |
9.02 |
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Complete of 10 Main Commodity Teams |
335426.46 |
224564.75 |
80.28 |
49.37 |
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Relaxation |
82382.75 |
67243.73 |
19.72 |
22.51 |
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Complete Exports |
417809.21 |
291808.48 |
100.00 |
43.18 |
Prime 10 main commodity teams overlaying 77% of complete importsin April 2021-March 2022, are –
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Assertion 10: Imports of Prime 10 Main Commodity Teams in April 2021-March 2022 |
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Import (Million US$) |
Share (%) |
Progress (%) |
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Main Commodity Group |
Apr21-Mar22 |
Apr20-Mar21 |
Apr21-Mar22 |
Apr21-Mar22 over Apr20-Mar21 |
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Petroleum, Crude & merchandise |
160683.24 |
82683.87 |
26.33 |
94.33 |
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Digital items |
73067.90 |
54287.93 |
11.97 |
34.59 |
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Gold |
46140.66 |
34603.92 |
7.56 |
33.34 |
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Equipment, electrical & non-electrical |
39853.08 |
30084.48 |
6.53 |
32.47 |
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Coal, Coke & Briquettes, and so on. |
31514.97 |
16274.53 |
5.16 |
93.65 |
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Pearls, treasured & Semi-precious stones |
30927.82 |
18887.96 |
5.07 |
63.74 |
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Natural & Inorganic Chemical compounds |
30222.86 |
19825.35 |
4.95 |
52.45 |
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Transport tools |
20206.07 |
18649.18 |
3.31 |
8.35 |
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Synthetic resins, plastic supplies, and so on. |
20104.96 |
13510.01 |
3.29 |
48.82 |
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Vegetable Oil |
18931.51 |
11089.11 |
3.10 |
70.72 |
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Complete of 10 Main Commodity Teams |
471653.07 |
299896.33 |
77.29 |
57.27 |
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Relaxation |
138568.35 |
94539.54 |
22.71 |
46.57 |
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Complete Imports |
610221.42 |
394435.87 |
100.00 |
54.71 |
