India’s merchandise exports during January-June 2022 was USD 235.7 billion as compared to USD 185.9 billion during the same period of the previous year

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..... India’s merchandise exports during January-June 2022 was USD 235.7 billion as compared to USD 185.9 billion during the same period of the previous year
News and Press Release
Dated:- 22-7-2022

India's merchandise exports during January-June 2022 was USD 235.7 billion as compared to USD 185.9 billion during the same period of the previous year Exports of petroleum products grew by 11 .....

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..... 9.47%, electronic goods by 41.42%, Leather & Leather products by 33.72% India's merchandise exports during January-June 2022 was USD 235.7 billion as compared to USD 185.9 billion during the same period of the previous year. India's merchandise imports during January-June 2022 was USD 361.1 billion as compared to USD 258.6 billion during the same period of the previous year. The total merchandi .....

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..... se export was USD 421.9 billion during 2021-22 against the export target of USD 400 billion, achieving 105.4% of the export target. The details of the sector-wise export during January-June 2021 and January-June 2022 is given at Annexure. Barring a few sectors, all major sectors show positive trend with an overall growth rate of 26.7%. The government has taken following remedial measures to boost .....

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..... exports: * Foreign Trade Policy (2015-20) extended by one year i.e. upto 30-9-2022. * Assistance provided through several schemes to promote exports, namely, Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme. * Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has been implemented since 01.01.2021. Rebate of State and Central Levies an .....

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..... d Taxes (RoSCTL) Scheme to promote labour oriented textile exports has been implemented since 07.03.2019. * Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters. * Districts as Export Hubs has been launched by identifying products with export potential in each district, addressing bottlenecks fo .....

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..... r exporting these products and supporting local exporters/manufacturers to generate employment in the district. * Role of Indian missions abroad towards promoting India's trade, tourism, technology and investment goals has been enhanced. * Package announced in light of the COVID pandemic to support domestic industry through various banking and financial sector relief measures, especially for M .....

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..... SMEs, which constitute a major share in exports. Annexure Export of major sectors during January-June 2021 and January-June 2022 (Value in US$ Million) Sr. No Commodities (Jan-June) 2021 (Jan-June) 2022 % Change 1 Engineering Goods 49665 58737 18.27 2 Petroleum Products 21108 46325 119.47 3 Gems & Jewellery 18310 20420 11.52 4 Organic & Inorganic Chemicals 13036 15967 .....

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..... 22.48 5 Drugs & Pharmaceuticals 12161 12660 4.11 6 Electronic Goods 6654 9410 41.42 7 RMG of all Textiles 7477 9379 25.44 8 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 6393 7153 11.89 9 Rice 5218 5499 5.39 10 Plastic & Linoleum 4560 4845 6.25 11 Marine Products 3189 3679 15.36 12 Man-made Yarn/Fabs./made-ups etc. 2563 2843 10.93 13 Mica, Coal & Othe .....

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..... r Ores, Minerals including processed minerals 2846 2831 -0.51 14 Leather & leather products 1833 2452 33.72 15 Meat, dairy & poultry products 1974 2199 11.41 16 Spices 2120 1904 -10.20 17 Ceramic products & glassware 1774 1858 4.75 18 Fruits & Vegetables 1529 1612 5.46 19 Iron Ore 3433 1395 -59.36 20 Cereal preparations & miscellaneous processed items 1078 1378 .....

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..... 27.79 21 Handicrafts excl. hand made carpet 1003 866 -13.68 22 Carpet 852 813 -4.65 23 Coffee 445 634 42.28 24 Other cereals 508 627 23.31 25 Oil Meals 934 608 -34.91 26 Oil seeds 574 577 0.42 27 Tobacco 468 523 11.79 28 Tea 331 343 3.73 29 Jute Mfg. including Floor Covering 233 276 18.55 30 Cashew 238 195 -18.23 31 Others 13459 17654 31.17 .....

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..... Total 185965 235660 26.72 Source: DGCIS. Data for 2022 are provisional. *** This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.
News - Press release - PIB .....

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