INDIA’S MERCHANDISE TRADE: Preliminary Data, June 2021
02 JUL 2021:
India’s merchandise exports in June 2021 was USD 32.46 billion, an increase of 47.34% over USD 22.03 billion in June 2020 and an increase of 29.7% over USD 25.03 billion in June 2019.
India’s merchandise imports in June 2021 was USD 41.86 billion, an increase of 96.33% over USD 21.32 billion in June 2020 and an increase of 2.03% over USD 41.03 billion in June 2019.
India is thus a net importer in June 2021 with a trade deficit of USD 9.4 billion.
Value of non-petroleum and non-gems and jewellery exports in June 2021 was USD 25.69 billion, a positive growth of 38.53% over non-petroleum and non-gems and jewellery exports of USD 18.54 billion in June 2020 and also a positive growth of 33.61% over non-petroleum and non-gems and jewellery exports of USD 19.23 billion in June 2019
Value of non-oil, non-GJ (gold, silver & precious metals) imports was USD 27.63 billion in June 2021, a positive growth of 84.53% over non-oil and non-GJ imports of USD 14.98 billion in June 2020 and also apositive growth of 12.51% over non-oil and non-GJ imports of USD 24.56 billion in June 2019
Top 5 commodity groups of export which have recorded positive growth during June 2021 vis-à-vis June 2020 are: Other Cereals (237.96%), Petroleum Products (105.2%), Man-made Yarn/Fabrics/Made-ups etc(81.62%), Gems and Jewellery (80.49%), and Meat, Dairy and Poultry Products (61.8%)
Top 5 commodity groups of export which have recorded positive growth during June 2021 vis-à-vis June 2019 are: Other Cereals (299.29%), Iron Ore (134.46%), Organic and Inorganic Chemicals (62.41%), Cereal Preparations and Miscellaneous Processed Item (56.63%), and Oil Meals (53.99%)
Only 2 commodity groups of import which have shown a fall in June 2021vis-à-vis June 2020 are Silver(-91.38%) and Project Goods(-12.49)
Top 5 commodity groups of import which have shown a fall in June 2021 vis-à-vis June 2019 are Silver (-97.16%), Gold(-64.04%), Project Goods(-53.69), Cotton Raw & Waste (-51.03) and Newsprint(-45.05)
India’s merchandise exports in June 2021 was USD 32.46 billion, an increase of 47.34% over USD 22.03 billion in June 2020 and an increase of 29.7% over USD 25.03 billion in June 2019. India’s merchandise exports in Apr-June 2021 was USD 95.36 billion, an increase of 85.36% over USD 51.44 billion in Apr-June 2020 and anincrease of17.85% over USD 80.91 billion in Apr-June 2019.
India’s merchandise imports in June 2021 was USD 41.86 billion, an increase of 96.33% over USD 21.32 billion in June 2020 and an increase of 2.03% over USD 41.03 billion in June 2019. India’s merchandise imports in Apr-June 2021 was USD 126.14 billion, an increase of 107.99% over USD 60.65 billion in Apr-June 2020 and a decrease of 3.05% over USD 130.1 billion in Apr-June 2019.
India is thus a net importer in June 2021 with a trade deficit of USD 9.4 billion, widened by 1426.6% over trade surplus of USD 0.71 billion in June 2020 (India was net exporter in June 2020) and narrowed down by 41.26% over trade deficit of USD 16.0 billion in June 2019.
In June 2021, the value of non-petroleum exports was USD 28.51 billion, registering a positive growth of 41.8%over USD 20.11 billion in June 2020 and a positive growth of 27.33% over USD 22.39 billion in June 2019.
The cumulative value of non-petroleum exports in April-June 2021 was USD 82.45 billion, an increase of 76.76% over USD 46.65 billion in April-June 2020 and an increase of 18.13% over USD 69.8 billion in April-June 2019.
The value of non-petroleum and non-gems and jewellery exports in June 2021 was USD 25.69 billion,registering a positive growth of 38.53% over USD 18.54 billion in June 2020 and a positive growth of 33.61% over USD 19.23 billion in June 2019.
The cumulative value of non-petroleum and non-gems and jewellery exports in April-June 2021 was USD 73.28 billion, an increase of 66.61% over USD 43.98 billion in April-June 2020 and an increase of 21.46% over USD 60.33 billion in April-June 2019.
In June 2021, Oil imports was USD 10.68 billion, a positive growth of 114.92% compared to USD 4.97 billion in June 2020 and a negative growth of 4.72 compared to USD 11.21 billion in June 2019.
Oil imports during Apr-June 2021was USD 31.0 billion, a positive growth of 136.36% compared to USD 13.12 billion in Apr-June 2020 and a negative growth of 12.33 compared to USD 35.36 billion in Apr-June 2019.
Non-oil imports in June 2021 was USD 31.19 billion, showing an increase of 90.68% compared to USD 16.36 billion in June 2020 and anincrease of 4.56% compared to USD 29.83 billion in June 2019.
Non-oil imports in Apr-June 2021 was estimated at USD 95.14 billion, showing an increase of 100.16% compared to USD 47.53 billion in Apr-June 2020 and amarginalincrease of 0.42% compared to USD 94.74 billion in Apr-June 2019.
Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 27.63 billion in June 2021, recording a positive growth of 84.53%, as compared to non-oil and non-GJ imports of USD 14.98 billion in June 2020 and a positive growth of 12.51% over USD 24.56 billion in June 2019.
Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 79.92 billion in Apr-June 2021, recording a positive growth of 76.63%, as compared to non-oil and non-GJ imports of USD 45.25 billion in Apr-June 2020 and a positive growth of 4.78% over USD 76.28 billion in Apr-June 2019.
Major commodity groups of export showing positive growth in June 2021 over June 2019 are: Other cereals (299.29%), Iron ore (134.46%), Organic and Inorganic Chemicals (62.41%), Cereal preparations and miscellaneous processed item (56.63%), Oil meals (53.99%), Cotton yarn/fabrics/made-ups, handloom products etc. (50.86%), Petroleum products (49.82%), Plastic and linoleum (46.84%), Rice (43.82%), Engineering goods (41.66%), Carpet (25.15%), Jute mfg. Including floor covering (23.97%), Man-made yarn/fabrics/made-ups etc. (23.66%), Mica, coal and other ores, minerals including process (22.43%), Ceramic products and glassware (21.81%), Marine products (20.71%), Fruits and vegetables (20.38%), Meat, dairy and poultry products (19.92%), Handicrafts excl. Hand-made carpet (18.83%), Coffee (15.73%), Tobacco (12.95%), Electronic Goods (11.89%), Drugs and pharmaceuticals (9.9%), Spices (8.7%), and Oil Seeds (1.24%).
Only 5 major commodity groups of export showing negative growth in June 2021 over June 2019. These are: Cashew (-44.86%), Tea (-25.08%), Leather and leather manufactures (-21.0%), RMG of All Textiles (-18.76%), and Gems and Jewellery (-10.76%).
Major commodity groups of import showing positive growth in June 2021 over June 2019 are: Sulphur & Unroasted Iron Pyrites (270.96%), Medicinal& Pharmaceutical products (132.19%), Vegetable Oil (118.87%), Pulses (110.75%), Professional instrument, Optical goods, etc. (70.88%), Metaliferrous ores & other minerals (56.5%), Chemical material & products 56.48%), Fertilisers, Crude & manufactured (37.28%), Fruits & vegetables (30.35%), Organic & Inorganic Chemicals (30.09%), Non-ferrous metals (28.19%), Pearls, precious & Semi-precious stones (19.54%), Pulp and Waste paper (17.08%), Artificial resins, plastic materials, etc. (12.3%), Wood & Wood products (8.26%), Machine tools (6.87%), Dyeing/tanning/colouring materials (3.85%), Machinery, electrical & non-electrical (2.55%), and Iron & Steel (0.66%).
Major commodity groups of import showing negative growth in June 2021 over June 2019 are: Silver (-97.16%), Gold (-64.04%), Project Goods (-53.69%), Cotton Raw & Waste (-51.03%), Newsprint (-45.05%), Transport equipment (-22.47%), Leather & leather products (-18.43%), Coal, Coke & Briquettes, etc. (-12.56%), Textile yarn Fabric, made-up articles (-9.66%), Petroleum, Crude & products (-4.72%), and Electronic goods (-3.4%).
MERCHANDISE TRADE: Preliminary Data, June 2021
Summary Value in USD Billion
|
| Total | Non-Petroleum | Non- Petroleum and Non-Gems &Jewellery | ||||||||||||
| JUN19 | JUN20 | JUN21 | % change Jun21 over Jun20 | % change Jun21 over Jun19 | JUN19 | JUN20 | JUN21 | % change Jun21 over Jun20 | % change Jun21 over Jun19 | JUN19 | JUN20 | JUN21 | % change Jun21 over Jun20 | % change Jun21 over Jun19 | |
| Exports | 25.03 | 22.03 | 32.46 | 47.34 | 29.70 | 22.39 | 20.11 | 28.51 | 41.80 | 27.33 | 19.23 | 18.54 | 25.69 | 38.53 | 33.61 |
| Imports | 41.03 | 21.32 | 41.86 | 96.33 | 2.03 | 29.83 | 16.36 | 31.19 | 90.68 | 4.56 | 24.56 | 14.98 | 27.63 | 84.53 | 12.51 |
| Deficit/Surplus | 16.00 | -0.71 | 9.40 | -1426.56 | -41.26 | 7.44 | -3.75 | 2.68 | -171.36 | -64.01 | 5.34 | -3.57 | 1.95 | -154.60 | -63.51 |
Change by top Commodity Groups in Export Value in USD Million
| Top Increase | Top Decline | |||||
| Commodity group | Change (USD Million) | % change | Commodity group | Change (USD Million) | % change | |
| EXPORT (JUN ’21 OVER JUN’20) | ENGINEERING GOODS | 3201.01 | 52.61 | OIL SEEDS | -38.13 | -32.75 |
| PETROLEUM PRODUCTS | 2025.69 | 105.20 | SPICES | -29.23 | -8.41 | |
| GEMS AND JEWELLERY | 1259.59 | 80.49 | TEA | -12.10 | -18.57 | |
| EXPORT (JUN ’20 OVER JUN’19) | ORGANIC AND INORGANIC CHEMICALS | 317.71 | 19.33 | GEMS AND JEWELLERY | -1600.07 | -50.56 |
| DRUGS AND PHARMACEUTICALS | 181.80 | 9.90 | PETROLEUM PRODUCTS | -711.75 | -26.99 | |
| RICE | 165.47 | 32.11 | ENGINEERING GOODS | -470.65 | -7.18 | |
| EXPORT (JUN ’21 OVER JUN’19) | ENGINEERING GOODS | 2730.36 | 41.66 | GEMS AND JEWELLERY | -340.48 | -10.76 |
| PETROLEUM PRODUCTS | 1313.94 | 49.82 | RMG OF ALL TEXTILES | -231.28 | -18.76 | |
| ORGANIC AND INORGANIC CHEMICALS | 1025.72 | 62.41 | LEATHER AND LEATHER MANUFACTURERS | -86.39 | -21.00 | |
Change by top Commodity Groups in Import Value in USD Million
| Top Increase | Top Decline | |||||
| Commodity group | Change (USD Million) | % change | Commodity group | Change (USD Million) | % change | |
| IMPORT (JUN ’21 OVER JUN’20) | Petroleum, Crude & products | 5708.67 | 114.92 | Silver | -125.49 | -91.38 |
| Pearls, precious & Semi-precious stones | 1936.90 | 305.09 | Project goods | -10.79 | -12.49 | |
| Electronic goods | 1434.84 | 45.30 | ALL OTHER MAJOR COMMODITY GROUPS HAVE INCREASED | |||
| IMPORT (JUN ’20 OVER JUN’19) | Vegetable Oil | 54.72 | 8.37 | Petroleum, Crude & products | -6237.48 | -55.67 |
| Sulphur & Unroasted Iron Pyrites | 1.87 | 25.45 | Gold | -2088.1 | -77.43 | |
| ALL OTHER MAJOR COMMODITY GROUPS HAVE DECLINED | Electronic goods | -1596.84 | -33.52 | |||
| IMPORT (JUN ’21 OVER JUN’19) | Vegetable Oil | 776.97 | 118.87 | Gold | -1726.93 | -64.04 |
| Medicinal. & Pharmaceutical products | 704.79 | 132.19 | Petroleum, Crude & products | -528.81 | -4.72 | |
| Organic & Inorganic Chemicals | 567.10 | 30.09 | Silver | -405.11 | -97.16 | |