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TMI BlogINDIA’S MERCHANDISE TRADE: Preliminary Data August 2021X X X X Extracts X X X X X X X X Extracts X X X X ..... INDIA’S MERCHANDISE TRADE: Preliminary Data August 2021 - News and Press Release Dated:- 3-9-2021 - News - INDIA S MERCHANDISE TRADE: Preliminary Data August 2021 India s merchandise exports in August 2021 was USD 33.14 billion, an increase of 45.17% over USD 22.83 billion in August 2020 and an increase of 27.5% over USD 25.99 billion in August 2019 India s merchandise exports in April-August 2021 was USD 163.67 billion, an increase of 66.92% over USD 98.05 billionin April-August 2020 and an increase of 22.93% over USD 133.14 billion in April-August 2019 India s merchandise imports in August 2021 was USD 47.01 billion, an increase of 51.47% over USD 31.03 billion in August 2020 and an increase of 17.95% over USD 39.85 billion i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n August 2019. India s merchandise imports in April-August 2021 was USD 219.54 billion, an increase of 81.75% over USD 120.79 billion in April-August 2020 and a marginal increase of 4.35% over USD 210.39 billion in April-August 2019. The trade deficit in August 2021 was USD 13.87 billion in compared to the trade deficit of USD 8.2 billion in August 2020, while it is USD 55.9 billion during April-August 2021 as compared to USD 22.7 billion during the same period of the previous year. Statement 1: India s Merchandise Trade in August 2021 Value in Billion USD % Growth Aug-21 Aug-20 Aug-19 A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ug-21 over Aug-20 Aug-21 over Aug-19 Exports 33.14 22.83 25.99 45.17 27.50 Imports 47.01 31.03 39.85 51.47 17.95 Deficit 13.87 8.20 13.86 69.15 0.07 Statement 2: India s Merchandise Trade in Apr-Aug 2021 Value in Billion USD % Growth Apr-Aug21 Apr-Aug20 Apr-Aug19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Aug 21 over Apr-Aug 20 Apr-Aug 21 over Apr-Aug 19 Exports 163.67 98.05 133.14 66.92 22.93 Imports 219.54 120.79 210.39 81.75 4.35 Deficit 55.87 22.74 77.25 145.69 (-) 27.67 Value of non-petroleum exports in August 2021 was 28.58USD billion, registering a positive growth of 36.57% over non-petroleum exports of USD 20.93 billion in August 2020 and a positive growth of 25.44% ov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er non-petroleum exports of USD 22.78 billion in August 2019. Value of non-petroleum imports was USD 35.37 billion in August 2021 with a positive growth of 43.88% over non-petroleum imports of USD 24.58 billion in August 2020 and had a positive growth of 22.58% only over non-petroleum imports of USD 28.85 billion in August 2019. Statement 3: Merchandise Non-POL Trade in August 2021 Value in Billion USD % Growth Aug21 Aug20 Aug19 Aug21 over Aug20 Aug21 over Aug19 Exports 28.58 20.93 22.78 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 36.57 25.44 Imports 35.37 24.58 28.85 43.88 22.58 Deficit 6.79 3.65 6.07 86.03 11.86 The cumulative value of non-petroleum exports in April-August 2021 was USD 140.6 billion, an increase of 56.96% over USD 89.58 billion in April-August 2020 and an increase of 21.92% over USD 115.33 billion in April-August 2019. The cumulative value of non-petroleum imports in April-August 2021 was USD 164.01 billion, showing an increase of 73.22% compared to non-oil imports of USD 94.68 billion in April-August 2020 and a m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arginal increase of 6.31% compared to non-oil imports of USD 154.28 billion in April-August 2019. Statement 4: Merchandise Non-POL Trade Apr-Aug 2021 Value in Billion USD % Growth Apr-Aug21 Apr-Aug20 Apr-Aug19 Apr-Aug21 over Apr-Aug20 Apr-Aug21 over Apr-Aug19 Exports 140.60 89.58 115.33 56.96 21.92 Imports 164.01 94.68 154.28 73.22 6.31 Value of non-petrol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eum and non-gems and jewellery exports in August 2021 was USD 25.15 billion, registering a positive growth of 31.66% over non-petroleum and non-gems and jewellery exports of USD 19.1 billion in August 2020 and a positive growth of 28.53% over non-petroleum and non-gems and jewellery exports of USD 19.57 billion in August 2019. Value of non-oil, non-GJ (gold, silver Precious metals) imports was USD 26.36 billion in August 2021 with a positive growth of 33.97%over non-oil and non-GJ imports of USD 19.68 billion in August 2020but had a marginal positivegrowth of 2.63% over non-oil and non-GJ imports of USD 25.69 billion in August 2019. Statement 5: Merchandise Non-POL Non-GJ Trade in August 2021 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Value in Billion USD % Growth Aug-21 Aug-20 Aug-19 Aug21 over Aug20 Aug21 over Aug19 Exports 25.15 19.10 19.57 31.66 28.53 Imports 26.36 19.68 25.69 33.97 2.63 The cumulative value of non-petroleum and non-gems and jewellery exports in April-August 2021 was USD 124.55 billion, an increase of 49.0% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 83.59 billion in Ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ril-August 2020 and an increase of 24.99% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.65 billion in April-August 2019. Non-oil, non-GJ (Gold, Silver Precious Metals) imports was USD 132.94 billion in April-August 2021, recording a positive growth of 57.04%, as compared to non-oil and non-GJ imports of USD 84.66 billion in April-August 2020 and a marginal positive growth of 3.32% over USD 128.67 billion in April-August 2019. Statement 6: Merchandise Non-POL Non-GJ Trade Apr-Aug 2021 Value in Billion USD % Growth Apr-Aug21 Apr-Aug20 Apr-Aug19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Apr-Aug21 over Apr-Aug20 Apr-Aug21 over Apr-Aug19 Exports 124.55 83.59 99.65 49.00 24.99 Imports 132.94 84.66 128.67 57.04 3.32 Top 10 major commodity groups, covering more than 80% of total exports, have shown positive growth in August 2021 over corresponding month of previous year, as stated below. Statement 7: Exports of Top 10 Major Commodity Groups Value of Export (Million US$) Share (%) Growth (%) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Major Commodity Group Aug'21 Aug'20 Aug'21 Aug '21 over Aug '20 Engineering Goods 9631.50 6065.65 29.06 58.79 Petroleum Products 4559.82 1901.64 13.76 139.78 Gems And Jewellery 3428.07 1823.09 10.34 88.04 Organic And Inorganic Chemicals ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2230.15 1642.82 6.73 35.75 Drugs And Pharmaceuticals 2001.78 1977.76 6.04 1.21 Cotton Yarn/Fabrics/Madeups, Handloom Products Etc. 1297.82 833.95 3.92 55.62 RMG Of All Textiles 1235.11 1083.53 3.73 13.99 Electronic Goods 1146.63 872.04 3.4 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 6 31.49 Plastic And Linoleum 753.30 648.49 2.27 16.16 Rice 715.24 671.08 2.16 6.58 Total of 10 Major Commodity Groups 26999.42 17520.05 81.47 54.11 Rest 6141.16 5309.23 18.53 15.67 Total Exports 33140.58 22829.29 100.00 45.17 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Top 10 major commodity groups, covering more than 80% of total imports, have shown below. Statement 8: Imports of Top 10 Major Commodity Groups Import (Million US$) Share (%) Growth (%) Major Commodity Group Aug.'21 Aug.'20 Aug.'21 Aug.'21 over Aug.'20 Petroleum, Crude products 11637.86 6451.91 24.76 80.38 Gold 6746.88 3702.53 14.35 82.22 Electr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onic goods 5910.44 4720.09 12.57 25.22 Machinery, electrical non-electrical 2914.75 2020.92 6.20 44.23 Pearls, precious Semi-precious stones 2243.51 1163.26 4.77 92.86 Organic Inorganic Chemicals 2066.48 1469.05 4.40 40.67 Coal, Coke Briquettes, etc. 1936.40 1084.77 4.12 78.51 Artificial resins, plastic materials, etc. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1365.19 849.61 2.90 60.69 Iron Steel 1333.57 640.23 2.84 108.30 Vegetable Oil 1322.01 888.65 2.81 48.77 Total of 10 Major Commodity Groups 37477.09 22991.03 79.73 63.01 Rest 9529.42 8042.98 20.27 18.48 Total Imports 47006.51 31034.01 100.00 51.47 - News - P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ress release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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