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
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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|
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Value in Billion USD
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% Growth
|
|
APR'22
|
APR'21
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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
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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
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|
|
Value in Billion USD
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% Growth
|
|
APR'22
|
APR'21
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APR'22 vs APR'21
|
|
Exports
|
27.16
|
23.74
|
14.38
|
|
Imports
|
34.43
|
26.55
|
29.68
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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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|
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Value of Export (Million US$)
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Share (%)
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Growth (%)
|
|
Major Commodity Group
|
APR'22
|
APR'21
|
APR'22
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APR'22 over APR'21
|
|
Engineering goods
|
9200.12
|
7974.06
|
24.09
|
15.38
|
|
Petroleum products
|
7730.20
|
3625.66
|
20.24
|
113.21
|
|
Gems and Jewellery
|
3307.74
|
3379.14
|
8.66
|
-2.11
|
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Organic and Inorganic chemicals
|
2566.72
|
2025.59
|
6.72
|
26.71
|
|
Drugs and Pharmaceuticals
|
1966.98
|
1892.58
|
5.15
|
3.93
|
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Electronic goods
|
1604.99
|
978.43
|
4.20
|
64.04
|
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RMG of all Textiles
|
1510.77
|
1297.68
|
3.96
|
16.42
|
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Cotton Yarn/Fabs./Madeups, Handloom products etc.
|
1119.02
|
1065.20
|
2.93
|
5.05
|
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Rice
|
768.09
|
895.60
|
2.01
|
-14.24
|
|
Plastic and Linoleum
|
759.04
|
727.90
|
1.99
|
4.28
|
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Total of 10 Major Commodity Groups
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30533.65
|
23861.82
|
79.94
|
27.96
|
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Rest
|
7660.18
|
6885.30
|
20.06
|
11.25
|
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Total Exports
|
38193.83
|
30747.13
|
100.00
|
24.22
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Top 10 major commodity groups covering 81% of total imports in April 2022, are –
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Statement 5: Imports of Top 10 Major Commodity Groups in April 2022
|
|
|
Import (Million US$)
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Share (%)
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Growth (%)
|
|
Major Commodity Group
|
APR'22
|
APR'21
|
APR'22
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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
|
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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
|
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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
|
9911796707
