India’s Merchandise Trade Preliminary data for the month of November 2021

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Categories: Press Release

India’s merchandise imports in November 2021 was USD 53.15 billion, an increase of 57.18% over USD 33.81 billion in November 2020 and an increase of 37.96% over USD 38.52billion in November 2019.

India’s merchandise imports in April-November 2021 was USD 384.44 billion, an increase of 75.39%  over USD 219.19 billion in April-November 2020 and an increase of 18.44% over USD 324.59 billion in April-November 2019.

The trade deficit in November 2021 was USD 23.27 billion, while it was 121.98 billion USD during April-November 2021.

Statement 1: India’s Merchandise Trade in November 2021

Value in Billion USD

% Growth

Nov-21

Nov-20 Nov-19 Nov-21 over Nov-20 Nov-21 over Nov-19
Exports 29.88 23.62 25.77 26.49

15.93

Imports

53.15 33.81 38.52 57.18 37.96
Deficit 23.27 10.19 12.75 128.30

82.48

Statement 2: India’s Merchandise Trade in Apr-Nov 2021

Value in Billion USD

% Growth

Apr-Nov21

Apr-Nov20 Apr-Nov19

Apr-Nov 21 over Apr-Nov 20

Apr-Nov 21 over Apr-Nov 19

Exports 262.46 174.15 211.17 50.71

24.29

Imports

384.44 219.19 324.59 75.39 18.44
Deficit 121.98 45.05 113.42 170.80

7.54

Value of non-petroleum exports in November 2021 was 26.06USD billion, registering a positive growth of 18.1% over non-petroleum exports of USD 22.06 billion in November 2020 and a positive growth of 18.69% over non-petroleum exports of USD 21.95 billion in November 2019.

Value of non-petroleum imports was USD 38.47 billion in November 2021 with a positive growth of 39.9% over non-petroleum imports of USD 27.5 billion in November 2020 and a positive growth of 40.12% over non-petroleum imports of USD 27.45 billion in November 2019.

Statement 3: Merchandise Non-POL Trade in November 2021

Value in Billion USD

% Growth

Nov21

Nov20 Nov19 Nov21 over Nov20 Nov21 over Nov19
Exports

26.06

22.06

21.95

18.10

18.69

Imports

38.47 27.50 27.45 39.90

40.12

The cumulative value of non-petroleum exports in April-November 2021 was USD 225.46 billion, an increase of 41.78% over USD 159.03 billion in April-November 2020 and an increase of 23.44% over USD 182.66 billion in April-November 2019.

The cumulative value of non-petroleum imports in April-November 2021 was USD 282.36 billion, showing an increase of 61.4% compared to non-oil imports of USD 174.94 billion in April-November 2020 and an increase of 18.34% compared to non-oil imports of USD 238.6 billion in April-November 2019.

Statement 4: Merchandise Non-POL Trade Apr-Nov 2021

Value in Billion USD

% Growth

Apr-Nov21

Apr-Nov20

Apr-Nov19

Apr-Nov21 over Apr-Nov20

Apr-Nov21 over Apr-Nov19

Exports 225.46 159.03 182.66 41.78

23.44

Imports

282.36 174.94 238.60 61.40

18.34

Value of non-petroleum and non-gems and jewellery exports in November 2021 was USD 23.66 billion, registering a positive growth of 22.16% over non-petroleum and non-gems and jewellery exports of USD 19.37 billion in November 2020 and a positive growth of 22.17% over non-petroleum and non-gems and jewellery exports of USD 19.37 billion in November 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 32.02 billion in November 2021 with a positive growth of 41.53%over non-oil and non-GJ imports of USD 22.63 billion in November 2020and a positive growth of 42.72% over non-oil and non-GJ imports of USD 22.44 billion in November 2019.

Statement 5: Merchandise Non-POL Non-GJ Trade in November 2021

Value in Billion USD

% Growth

Nov-21

Nov-20

Nov-19

Nov21 over Nov20

Nov21 over Nov19

Exports

23.66 19.37 19.37 22.16 22.17
Imports 32.02 22.63 22.44 41.53

42.72

The cumulative value of non-petroleum and non-gems and jewellery exports in April-November 2021 was USD 199.56 billion, an increase of 37.89% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 144.72 billion in April-November 2020 and an increase of 27.03% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 157.09 billion in April-November 2019.

Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 228.09 billion in April-November 2021, recording a positive growth of 49.52%, as compared to non-oil and non-GJ imports of USD 152.55 billion in April-November 2020 and a positive growth of 13.54% over USD 200.89 billion in April-November 2019.

Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Nov 2021

Value in Billion USD

% Growth

Apr-Nov21

Apr-Nov20 Apr-Nov19 Apr-Nov21 over Apr-Nov20

Apr-Nov21 over Apr-Nov19

Exports

199.56 144.72 157.09 37.89 27.03
Imports 228.09 152.55 200.89 49.52

13.54

Top 10 major commodity groups covering 79% of total exports  are as follows:

Statement 7: Exports of Top 10 Major Commodity Groups

Value of Export (Million US$)

Share (%)

Growth (%)

Major Commodity Group

Nov ’21 Nov ’20 Nov ’21

Nov ’21 over Nov ’20

Engineering Goods 8077.32 5896.67 27.04

36.98

Petroleum Products

3820.03 1557.36 12.79 145.29
Gems and Jewellery 2392.20 2690.83 8.01

-11.10

Organic and Inorganic Chemicals

2246.50 1694.92 7.52 32.54
Drugs and Pharmaceuticals 1825.36 1963.40 6.11

-7.03

Electronic Goods

1455.58 1121.17 4.87 29.83

Cotton Yarn/Fabrics/Made-ups, Handloom Products Etc.

1227.83 872.55 4.11

40.72

RMG Of All Textiles

1072.17 1043.75 3.59 2.72
Marine Products 753.99 586.64 2.52

28.53

Plastic and Linoleum

724.35 507.25 2.42 42.80

Total of 10 Major Commodity Groups

23595.35 17934.54 78.98

31.56

Rest

6280.75 5685.40 21.02 10.47
Total Exports 29876.11 23619.95 100.00

26.49

Top 10 major commodity groups covering 77% of total imports and showing positive growths in November 2021 over corresponding month of previous year are as follows:

Statement 8: Imports of Top 10 Major Commodity Groups

Import (Million US$)

Share (%)

Growth (%)

Major Commodity Group Nov.’21 Nov.’20 Nov.’21

Nov.’21 over Nov.’20

Petroleum, Crude & products

14677.89 6314.81 27.62 132.44
Electronic goods 5743.17 4695.06 10.81

22.32

Gold

4221.66 3022.59 7.94 39.67

Coal, Coke & Briquettes, etc.

3577.42 1517.08 6.73

135.81

Machinery, electrical & non-electrical

3322.01 2568.89 6.25 29.32

Organic & Inorganic Chemicals

2521.60 1515.51 4.74

66.39

Pearls, precious & Semi-precious stones

1978.67 1839.14 3.72 7.59

Artificial resins, plastic materials, etc.

1860.22 1156.63 3.50

60.83

 Vegetable Oil

1754.90 981.38 3.30 78.82
Non-ferrous metals 1522.68 1154.69 2.87

31.87

Total of 10 Major Commodity Groups

41180.22 24765.78 77.49 66.28
Rest 11965.41 9046.51 22.51

32.27

Total Imports

53145.63 33812.29 100.00

57.18

The Press Release can be ac accessed at: https://www.pib.gov.in/PressReleasePage.aspx?PRID=1776966

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