New financial year begins with record exports of USD 38.19 billion in April

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New financial year begins with record exports of USD 38.19 billion in April

Ministry of Commerce & Industry New financial year begins with record exports of USD 38.19 billion in AprilApril exports jump 24.22%, conti

Ministry of Commerce & Industry

New financial year begins with record exports of USD 38.19 billion in April

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.

Statement 1: India’s Total Trade in Merchandise goods in April 2022

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

Statement 2: Merchandise Non-POL Trade in April 2022

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

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 –

Statement 4: Exports of Top 10 Major Commodity Groups in April 2022

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

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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