New financial year begins with record exports of USD 38.19 billion in April
Ministry of Commerce & Industry
April exports jump 24.22%, continuing the record-breaking 2021-22 performance, resulting in highest ever exports in April
Non-petroleum exports rise 12.3% in April, non-petroleum imports up only 9.8%
Petroleum products, Electronic goods and chemicals record major increase in exports
INDIA’S MERCHANDISE TRADE: Preliminary Data of April 2022
Posted On:
03 MAY 2022 2:58PM by PIB Delhi
India has achieved monthly value of merchandise export in April 2022 amounting USD 38.19 billion, an increase of 24.22% over USD 30.75 billion in April 2021. Value of non-petroleum exports in April 2022 was 30.46 USD billion, registering a positive growth of 12.32% over non-petroleum exports of USD 27.12 billion in April 2021.
Value of non-petroleum and non-gems and jewellery exports in April 2022 was USD 27.16 billion, registering a positive growth of 14.38% over non-petroleum and non-gems and jewellery exports of USD 23.74 billion in April 2021.
Petroleum products (113.21%), Electronic goods (64.04%) and Chemicals (26.71%) led the way in high increase in exports during April, 2022.
India’s merchandise import in April 2022 was USD 58.26 billion, an increase of 26.55% over USD 46.04 billion in April 2021. Value of non-petroleum imports was USD 38.75 billion in April 2022 with a positive growth of 9.87% over non-petroleum imports of USD 35.27 billion in April 2021.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 34.43 billion in April 2022 with a positive growth of 29.68% over non-oil and non-GJ imports of USD 26.55 billion in April 2021.
The trade deficit in April 2022 was USD 20.07 billion.
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Statement 1: India’s Total Trade in Merchandise goods in April 2022 |
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|
|
Value in Billion USD |
% Growth |
|
|
APR’22 |
APR’21 |
APR’22 vs APR’21 |
|
|
Exports |
38.19 |
30.75 |
24.22 |
|
Imports |
58.26 |
46.04 |
26.55 |
|
Deficit |
20.07 |
15.29 |
31.23 |
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Statement 2: Merchandise Non-POL Trade in April 2022 |
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|
|
Value in Billion USD |
% Growth |
|
|
APR’22 |
APR’21 |
APR’22 vs APR’21 |
|
|
Exports |
30.46 |
27.12 |
12.32 |
|
Imports |
38.75 |
35.27 |
9.87 |
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Statement 3: Merchandise Non-POL Non-GJ Trade in April 2022 |
|||
|
|
Value in Billion USD |
% Growth |
|
|
APR’22 |
APR’21 |
APR’22 vs APR’21 |
|
|
Exports |
27.16 |
23.74 |
14.38 |
|
Imports |
34.43 |
26.55 |
29.68 |
Top 10 major commodity groups covering 80% of total exports in April 2022,are –
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Statement 4: Exports of Top 10 Major Commodity Groups in April 2022 |
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|
|
Value of Export (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
APR’22 |
APR’21 |
APR’22 |
APR’22 over APR’21 |
|
Engineering goods |
9200.12 |
7974.06 |
24.09 |
15.38 |
|
Petroleum products |
7730.20 |
3625.66 |
20.24 |
113.21 |
|
Gems and Jewellery |
3307.74 |
3379.14 |
8.66 |
-2.11 |
|
Organic and Inorganic chemicals |
2566.72 |
2025.59 |
6.72 |
26.71 |
|
Drugs and Pharmaceuticals |
1966.98 |
1892.58 |
5.15 |
3.93 |
|
Electronic goods |
1604.99 |
978.43 |
4.20 |
64.04 |
|
RMG of all Textiles |
1510.77 |
1297.68 |
3.96 |
16.42 |
|
Cotton Yarn/Fabs./Madeups, Handloom products etc. |
1119.02 |
1065.20 |
2.93 |
5.05 |
|
Rice |
768.09 |
895.60 |
2.01 |
-14.24 |
|
Plastic and Linoleum |
759.04 |
727.90 |
1.99 |
4.28 |
|
Total of 10 Major Commodity Groups |
30533.65 |
23861.82 |
79.94 |
27.96 |
|
Rest |
7660.18 |
6885.30 |
20.06 |
11.25 |
|
Total Exports |
38193.83 |
30747.13 |
100.00 |
24.22 |
Top 10 major commodity groups covering 81% of total imports in April 2022, are –
|
Statement 5: Imports of Top 10 Major Commodity Groups in April 2022 |
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|
|
Import (Million US$) |
Share (%) |
Growth (%) |
|
|
Major Commodity Group |
APR’22 |
APR’21 |
APR’22 |
APR’22 over APR’21 |
|
Petroleum, Crude & products |
19506.98 |
10764.84 |
33.48 |
81.21 |
|
Electronic goods |
6507.38 |
5058.85 |
11.17 |
28.63 |
|
Coal, Coke & Briquettes, etc. |
4738.62 |
2004.56 |
8.13 |
136.39 |
|
Machinery, electrical & non-electrical |
3304.18 |
3054.64 |
5.67 |
8.17 |
|
Organic & Inorganic Chemicals |
3296.09 |
2244.19 |
5.66 |
46.87 |
|
Pearls, precious & Semi-precious stones |
2552.95 |
2470.74 |
4.38 |
3.33 |
|
Artificial resins, plastic materials, etc. |
1945.78 |
1779.47 |
3.34 |
9.35 |
|
Non-ferrous metals |
1786.85 |
1316.79 |
3.07 |
35.70 |
|
Vegetable Oil |
1721.77 |
1289.13 |
2.96 |
33.56 |
|
Gold |
1686.04 |
6238.36 |
2.89 |
-72.97 |
|
Total of 10 Major Commodity Groups |
47046.66 |
36221.55 |
80.75 |
29.89 |
|
Rest |
11214.61 |
9817.69 |
19.25 |
14.23 |
|
Total Imports |
58261.27 |
46039.24 |
100.00 |
26.55 |
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AM/MS/PK