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TMI BlogNew financial year begins with record exports of USD 38.19 billion in AprilX X X X Extracts X X X X X X X X Extracts X X X X ..... New financial year begins with record exports of USD 38.19 billion in April - News and Press Release Dated:- 3-5-2022 - News - 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 expor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts 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-pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... troleum 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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$) Share (%) Growth (%) Major Commodity Group APR'22 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... APR'21 APR'22 APR'22 over APR'21 Engineering goods 9200.12 7974.06 24.09 15.38 Petroleum products 7730.20 3625.66 20.24 113.21 Gems and Jewellery 3307.74 3379.14 8.66 -2.11 Organic and Inorganic chemicals 2566.72 2025.59 6.72 26.71 Drugs and Pharmaceuticals 1966.98 1892.58 5.15 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3.93 Electronic goods 1604.99 978.43 4.20 64.04 RMG of all Textiles 1510.77 1297.68 3.96 16.42 Cotton Yarn/Fabs./Madeups, Handloom products etc. 1119.02 1065.20 2.93 5.05 Rice 768.09 895.60 2.01 -14.24 Plastic and Linoleum 759.04 727.90 1.99 4.28 Total of 10 Major Commodity Groups 30533.65 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 23861.82 79.94 27.96 Rest 7660.18 6885.30 20.06 11.25 Total Exports 38193.83 30747.13 100.00 24.22 Top 10 major commodity groups covering 81% of total imports in April 2022, are Statement 5: Imports of Top 10 Major Commodity Groups in April 2022 Import (Million US$) Share (%) Growth (%) Major Commodity Group APR'22 APR'21 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... 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