Merchandise exports up nearly 200 pc yoy in April 2021

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  • Merchandise exports up nearly 200 pc yoy in April 2021

Imports surge 166 pc

Indias merchandise exports in April 2021 were valued at $30.21 billion, an increase of 197.03%over the $10.17 billion in April 2020 and an increase of 16.03% over the $26.04 billion in April 2019.

The merchandise imports in April 2021 were $45.45 billion, an increase of 165.99% over $17.09 billion in April 2020 and 7.22% over $42.39 billion in April 2019.

India was thus a net importer in April 2021 with a trade deficit of $15.24 billion, up by 120.34% over the trade deficit of $6.92 billion in April 2020 and a decline of 6.81% over the trade deficit of $16.35 billion in April 2019.

In April 2021, the value of non-petroleum exports was $26.85 billion, registering a positive growth of 200.62% over $8.93 billion in April 2020 and a positive growth of 19.44% over $22.48 billion in April 2019. The value of non-petroleum and non-gems and jewellery exports in April 2021 was $23.51 billion, registering a positive growth of 164.28% over $8.90 billion in April 2020 and a positive growth of 19.89% over $19.61 billion in April 2019.

In April 2021, oil imports were $10.8 billion, a positive growth of 132.26% compared to $4.65 billion in April 2020 and a negative growth of 6.62% compared to $11.56 billion in April 2019.

Non-oil imports in April 2021 were estimated at $34.65 billion, showing an increase of 178.6% compared to $12.44 billion in April 2020 and an increase of 12.42% compared to $30.82 billion in April 2019.

Non-oil, non-GJ (gold, silver and precious metals) imports were $26.05 billion in April 2021, recording a positive growth of 111.3% as compared to non-oil and non-GJ imports of $12.33 billion in April 2020 and a positive growth of 6.48% over $24.46 billion in April 2019.

Major export commodities

All major commodities recorded positive growth in export during April 2021 vis–vis April 2020, namely, gems and jewellery (9158.63%), jute mfg. including floor covering (1556.39%), carpets (1351.48%), handicrafts excl. handmade carpets (1207.98%), leather and leather manufactures (1168.96%), RMG of all textiles (920.52%), cotton yarn/fabrics/made-ups, handloom products etc. (616.6%), man-made yarn/fabrics/made-ups etc. (583.53%), ceramic products and glassware (441.57%), other cereals (441.46%), electronic goods (362.86%), oil meals (275.91%), cashew (252.46%), mica, coal and other ores, minerals including process (234.63%), engineering goods (234.63%), tobacco (183.86%), iron ore (175.15%), petroleum products (171.11%), cereal preparations and miscellaneous processed items (170.86%), oil seeds (166.24%), meat, dairy and poultry products (148.6%), tea (143.04%), marine products (107.59%), spices (102.32%), coffee (73.83%), organic and inorganic chemicals (69.39%), rice (60.29%), plastic and linoleum (47.49%), fruits and vegetables (21.82%), and drugs and pharmaceuticals (20.68%).

Major import commodities

Major commodity groups of import showing positive growth in April 2021 over the corresponding month of last year were gold (215906.91%), pearls, precious and semi-precious stones (119500.48%), sulphur and unroasted iron pyrites (1525.05%), electronic goods (213.59%), non-ferrous metals (193.89%), transport equipment (170.95%), professional instruments, optical goods, etc. (163.13%), artificial resins, plastic materials, etc. (138.18%), metaliferrous ores and other minerals (133.77%), petroleum, crude and products (132.26%), machinery, electrical and non-electrical (113.73%), textile yarn fabric, made-up articles (111.7%), wood and wood products (101.01%), machine tools (100.93%), vegetable oil (97.57%), project goods (91.79%), leather and leather products (91.59%), dyeing/tanning/colouring materials (88.10%), chemical material and products (84.57%), iron and steel (73.19%), organic and inorganic chemicals (72.73%), fruits and vegetables (70%), coal, coke and briquettes, etc. (65.98%), medicinal and pharmaceutical products (56.92%), pulp and waste paper (46.35%), cotton raw and waste (11.68%), and fertilisers, crude and manufactured (7.75%).

Major commodity groups of import showing negative growth in April 2021 over the corresponding month of last year were silver (-88.55%), newsprint (-46.07%) and pulses (-42.46%), informed an official communiqu.