India’s merchandise export in April -July 2022-23 USD 156.41 billion with an increase of 19.35% compared to April -July 2021-22
The export of non-petroleum and non-gems and
jewellery in April -July 2022-23 was USD 110.39 billion, an increase of 10.73%
over cumulative value of non-petroleum and non-gems and jewellery exports of
USD 99.69 billion in April -July 2021-22.
India has achieved merchandise export of USD 35.24 billion in July 2022, almost
at similar levels of USD 35.51 billion in July 2021. This has been achieved
despite measures to control inflation (Iron Ore & Pellets, Iron and Steel,
Petroleum Products, etc.) and the continued disruptions of supply chains due to
Covid and Russia-Ukraine conflict.
INDIA’S MERCHANDISE TRADE: Preliminary Data of July 2022
India has achieved merchandise export of USD 35.24
billion in July 2022, almost at similar levels of USD 35.51 billion in July
2021. This has been achieved despite measures to control inflation (Iron Ore
& Pellets, Iron and Steel, Petroleum Products, etc.) and the continued
disruptions of supply chains due to Covid and Russia-Ukraine conflict.
Value of non-petroleum exports in July 2022 was
29.82 USD billion, registering a positive growth of only 0.48% over
non-petroleum exports of USD29.67 billion in July 2021. The cumulative value of
non-petroleum exports in April -July 2022-23 was USD 123.90 billion, an
increase of 10.3% over USD 112.32 billion in April -July 2021-22.
Value of non-petroleum and non-gems and jewellery
exports in July 2022 was USD 26.54 billion, registering a positive growth of
1.24% over non-petroleum and non-gems and jewellery exports of USD 26.21
billion in July 2021. The cumulative value of non-petroleum and non-gems and
jewellery exports in April -July 2022-23was USD 110.39 billion, an increase of
10.73% over cumulative value of non-petroleum and non-gems and jewellery
exports of USD 99.69 billion in April -July 2021-22.
India’s merchandise import in July 2022 was USD
66.26 billion, an increase of 43.59% over USD 46.15 billion in July 2021.
India’s merchandise imports in April -July 2022-23 was USD 256.43 billion with
an increase of 48.12% over USD 173.12 billion in April -July 2021-22.
Value of non-petroleum imports was USD 45.13
billion in July 2022 with a positive growth of 33.74% over non-petroleum
imports of USD 33.74 billion in July 2021.The cumulative value of non-petroleum
imports in April -July 2022-23was USD 174.39 billion, showing an increase of
34.35% compared to non-oil imports of USD 129.81 billion in April -July
2021-22.
Value of non-oil, non-GJ (gold, silver &
Precious metals) imports was USD 38.44 billion in July 2022 with a positive
growth of 42.88%over non-oil and non-GJ imports of USD 26.9 billion in July
2021.Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April
-July 2022-23 was USD 147.55 billion, recording a positive growth of 36.93%, as
compared to non-oil and non-GJ imports of USD 107.75 billion in April -July
2021-22.
The trade deficit in July 2022 was USD 31.02
billion, while it was 100.01 billion USD during April -July 2022-23.
Statement1:India’s Total Trade in
Merchandise goods in July 2022 |
|||
|
Value in Billion
USD |
%Growth |
|
JULY'22 |
JULY'21 |
JULY'22 vs
JULY'21 |
|
Exports |
35.24 |
35.51 |
-0.76 |
Imports |
66.26 |
46.15 |
43.59 |
Deficit |
31.02 |
10.63 |
- |
Statement 2: India’s Total Trade in
Merchandise goods in April-July 2022-23 |
|||
|
Value in Billion
USD |
% Growth |
|
APR’22-JULY'22 |
APR’21-JULY'21 |
APR-JULY 2022-23
vs APR-JULY 2021-22 |
|
Exports |
156.41 |
131.06 |
19.35 |
Imports |
256.43 |
173.12 |
48.12 |
Deficit |
100.01 |
42.07 |
- |
Statement 3: Merchandise Non-POL Trade in July
2022 |
|||
|
Value in Billion
USD |
% Growth |
|
JULY'22 |
JULY'21 |
JULY'22 vs
JULY'21 |
|
Exports |
29.82 |
29.67 |
0.48 |
Imports |
45.13 |
33.74 |
33.74 |
Statement 4: Merchandise Non-POL Trade in
April-July 2022-23 |
|||
|
Value in Billion
USD |
% Growth |
|
APR’22-JULY'22 |
APR’21-JULY'21 |
APR-JULY 2022-23
vs APR-JULY 2021-22 |
|
Exports |
123.90 |
112.32 |
10.30 |
Imports |
174.39 |
129.81 |
34.35 |
Statement 5: Merchandise Non-POL Non-GJ Trade in
July 2022 |
|||
|
Value in Billion
USD |
% Growth |
|
JULY'22 |
JULY'21 |
JULY'22 vs
JULY'21 |
|
Exports |
26.54 |
26.21 |
1.24 |
Imports |
38.44 |
26.90 |
42.88 |
Statement 6: Merchandise Non-POL Non-GJ Trade in
April-July 2022-23 |
|||
|
Value in Billion
USD |
% Growth |
|
APR’22-JULY'22 |
APR’21-JULY'21 |
APR-JULY 2022-23
vs APR-JULY 2021-22 |
|
Exports |
110.39 |
99.69 |
10.73 |
Imports |
147.55 |
107.75 |
36.93 |
Top 10 major commodity groups covering 81% of total exports in July
2022, are –
Statement 7: Exports of Top 10 Major Commodity Groups in July 2022 |
||||
|
Value
of Export (Million US$) |
Share
(%) |
Growth
(%) |
|
Major
Commodity Group |
July-22 |
July-21 |
July-22 |
July-22
over July-21 |
Engineering
goods |
9303.21 |
9545.20 |
26.40 |
-2.54 |
Petroleum
products |
5427.21 |
5840.02 |
15.40 |
-7.07 |
Gems and Jewellery |
3279.34 |
3459.67 |
9.30 |
-5.21 |
Organic and Inorganic
chemicals |
2618.54 |
2426.09 |
7.43 |
7.93 |
Drugs and
Pharmaceuticals |
2116.29 |
2145.67 |
6.00 |
-1.37 |
Electronic
goods |
1817.51 |
1244.20 |
5.16 |
46.08 |
RMG of all
Textiles |
1380.45 |
1389.22 |
3.92 |
-0.63 |
Cotton Yarn/Fabs./Madeups, Handloom products
etc. |
943.50 |
1315.42 |
2.68 |
-28.27 |
Rice |
925.64 |
710.94 |
2.63 |
30.20 |
Plastic and
Linoleum |
801.09 |
832.61 |
2.27 |
-3.79 |
Total
of 10 Major Commodity Groups |
28612.77 |
28909.05 |
81.19 |
-1.02 |
Rest |
6630.84 |
6603.77 |
18.81 |
0.41 |
Total
Exports |
35243.61 |
35512.82 |
100.00 |
-0.76 |
Top 10 major commodity groups covering 78% of total importsin July 2022,
are –
Statement 8: Imports of Top 10 Major Commodity Groups in July 2022 |
||||
|
Value
of Import (Million US$) |
Share
(%) |
Growth
(%) |
|
Major
Commodity Group |
July-22 |
July-21 |
July-22 |
July-22
over July-21 |
Petroleum,
Crude & products |
21132.90 |
12402.06 |
31.89 |
70.40 |
Electronic
goods |
6800.89 |
5319.77 |
10.26 |
27.84 |
Coal,
Coke & Briquettes, etc. |
5179.98 |
1958.92 |
7.82 |
164.43 |
Machinery,
electrical & non-electrical |
3812.57 |
2821.52 |
5.75 |
35.12 |
Pearls,
precious & Semi-precious stones |
3214.10 |
2628.17 |
4.85 |
22.29 |
Organic
& Inorganic Chemicals |
3141.19 |
2440.47 |
4.74 |
28.71 |
Gold |
2370.32 |
4203.06 |
3.58 |
-43.60 |
Artificial
resins, plastic materials, etc. |
2191.18 |
1313.21 |
3.31 |
66.86 |
Vegetable
Oil |
2015.77 |
1369.58 |
3.04 |
47.18 |
Non-ferrous
metals |
1815.26 |
1297.09 |
2.74 |
39.95 |
Total
of 10 Major Commodity Groups |
51674.18 |
35753.86 |
77.98 |
44.53 |
Rest |
14590.15 |
10393.11 |
22.02 |
40.38 |
Total
Imports |
66264.32 |
46146.97 |
100.00 |
43.59 |
Top 10 major commodity groups covering 81% of total exports in April
2021-July 2022, are –
Statement 9: Exports of Top 10 Major Commodity Groups in April
2021-July 2022 |
||||
|
Value
of Export (Million US$) |
Share
(%) |
Growth
(%) |
|
Major
Commodity Group |
Apr’22-July’22 |
Apr’21-July’21 |
Apr’21-July’22 |
Apr’22-July’23
over Apr’21-July’22 |
Engineering
goods |
38272.24 |
35437.95 |
24.47 |
8.00 |
Petroleum
products |
32512.21 |
18731.63 |
20.79 |
73.57 |
Gems and Jewellery |
13511.47 |
12631.44 |
8.64 |
6.97 |
Organic and Inorganic
chemicals |
10778.63 |
9300.92 |
6.89 |
15.89 |
Drugs and
Pharmaceuticals |
8374.09 |
7934.51 |
5.35 |
5.54 |
Electronic
goods |
6567.00 |
4212.38 |
4.20 |
55.90 |
RMG of all
Textiles |
5871.34 |
4794.93 |
3.75 |
22.45 |
Cotton Yarn/Fabs./Madeups, Handloom products
etc. |
4107.66 |
4681.56 |
2.63 |
-12.26 |
Rice |
3648.22 |
3123.11 |
2.33 |
16.81 |
Plastic and
Linoleum |
3151.45 |
3403.82 |
2.01 |
-7.41 |
Total
of 10 Major Commodity Groups |
126794.30 |
104252.24 |
81.07 |
21.62 |
Rest |
29616.19 |
26803.13 |
18.93 |
10.50 |
Total
Exports |
156410.49 |
131055.37 |
100.00 |
19.35 |
Top 10 major commodity groups covering 80% of total importsin April
2021-July 2022, are –
Statement 10: Imports of Top 10 Major Commodity Groups in April
2021-July 2022 |
||||
|
Value
of Import (Million US$) |
Share
(%) |
Growth
(%) |
|
Major
Commodity Group |
Apr’22-July’22 |
Apr’21-July’21 |
Apr’21-July’22 |
Apr’22-July’23
over Apr’21-July’22 |
Petroleum,
Crude & products |
82030.43 |
43314.28 |
31.99 |
89.38 |
Electronic
goods |
25389.90 |
19220.00 |
9.90 |
32.10 |
Coal,
Coke & Briquettes, etc. |
22323.14 |
7831.34 |
8.71 |
185.05 |
Machinery,
electrical & non-electrical |
14316.11 |
12036.53 |
5.58 |
18.94 |
Organic
& Inorganic Chemicals |
13269.85 |
9445.84 |
5.17 |
40.48 |
Gold |
12860.94 |
12088.11 |
5.02 |
6.39 |
Pearls,
precious & Semi-precious stones |
11535.04 |
9915.71 |
4.50 |
16.33 |
Artificial
resins, plastic materials, etc. |
8553.75 |
6221.55 |
3.34 |
37.49 |
Vegetable
Oil |
7265.81 |
5526.97 |
2.83 |
31.46 |
Non-ferrous
metals |
6956.56 |
5334.08 |
2.71 |
30.42 |
Total
of 10 Major Commodity Groups |
204501.55 |
130934.41 |
79.75 |
56.19 |
Rest |
51923.47 |
42189.54 |
20.25 |
23.07 |
Total
Imports |
256425.02 |
173123.96 |
100.00 |
48.12 |