Statement1:India’sTotal Trade in Merchandise goods in August 2022
Value in Billion USD
%Growth
AUGUST'22
AUGUST'21
AUGUST'22vsAUGUST'21
Exports
33.00
33.38
-1.15
Imports
61.68
45.09
36.78
Deficit
28.68
11.71
-
Statement 2: India’s Total Trade in Merchandise goods in April-August 2022-23
% Growth
APR’22-AUGUST'22
APR’21-AUGUST'21
APR-AUGUST 2022-23 vs APR-AUGUST 2021-22
192.59
164.44
17.12
317.81
218.22
45.64
125.22
53.78
Statement 3: Merchandise Non-POL Trade in August 2022
AUGUST'22 vs AUGUST'21
28.09
28.73
-2.22
44.07
35.65
23.63
Statement 4: Merchandise Non-POL Trade in April-August 2022-23
152.29
141.05
7.97
218.44
165.46
32.02
Statement 5: Merchandise Non-POL Non-GJ Trade in August 2022
24.80
25.29
-1.96
37.46
26.69
40.37
Statement 6: Merchandise Non-POL Non-GJ Trade in April-August 2022-23
135.49
124.99
8.40
184.98
134.44
37.59
Top 10 major commodity groups covering 81% of total exports in August 2022, are –
Statement 7: Exports of Top 10 Major Commodity Groups in August 2022
Value of Export (Million US$)
Share (%)
Growth (%)
Major Commodity Group
August-22
August-21
August-22 over August-21
Engineering goods
8253.47
9663.09
25.01
-14.59
Petroleum products
4907.81
4655.35
14.87
5.42
Gems and Jewellery
3292.64
3432.63
9.98
-4.08
Organic and Inorganic chemicals
2528.68
2230.85
7.66
13.35
Drugs and Pharmaceuticals
2141.64
2008.88
6.49
6.61
Electronic goods
1727.46
1146.43
5.24
50.68
RMG of all Textiles
1232.70
1237.84
3.74
-0.42
Rice
1032.48
725.45
3.13
42.32
Cotton Yarn/Fabs./Madeups, Handloom products etc.
881.86
1302.91
2.67
-32.32
Plastic and Linoleum
744.43
755.53
2.26
-1.47
Total of 10 Major Commodity Groups
26743.17
27158.96
81.05
-1.53
Rest
6253.54
6221.78
18.95
0.51
Total Exports
32996.71
33380.73
100.00
Top 10 major commodity groups covering 78% of total imports in August 2022, are –
Statement 8: Imports of Top 10 Major Commodity Groups in August 2022
Value of Import (Million US$)
Petroleum, Crude & products
17606.06
9443.19
28.54
86.44
7277.88
5923.27
11.80
22.87
Coal, Coke & Briquettes, etc.
4530.57
1939.16
7.35
133.64
Machinery, electrical & non-electrical
3887.70
2917.63
6.30
33.25
Gold
3516.57
6702.92
5.70
-47.54
Organic & Inorganic Chemicals
2953.38
2069.22
4.79
42.73
Pearls, precious & Semi-precious stones
2414.97
2245.97
3.92
7.52
Artificial resins, plastic materials, etc.
2016.81
1372.13
3.27
46.98
Vegetable Oil
1890.43
1335.50
3.06
41.55
Iron & Steel
1762.60
1335.58
2.86
31.97
47856.98
35284.57
77.59
35.63
13822.61
9808.29
22.41
40.93
Total Imports
61679.59
45092.86
Top 10 major commodity groups covering 81% of total exports in April 2021-August 2022, are –
Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-August 2022
Apr’22-August’22
Apr’21-August’21
Apr’21-August’22
Apr’22-August’23 over Apr’21-August’22
46592.85
45101.04
24.19
3.31
40295.06
23386.97
20.92
72.30
16804.10
16064.07
8.73
4.61
13341.10
11531.76
6.93
15.69
10523.44
9943.39
5.46
5.83
8287.75
5358.81
4.30
54.66
7104.51
6032.76
3.69
17.77
4991.03
5984.47
2.59
-16.60
4685.51
3848.56
2.43
21.75
3898.52
4159.35
2.02
-6.27
156523.87
131411.18
81.27
-16.0
36064.45
33024.92
18.73
-8.4
192588.32
164436.1
100
Top 10 major commodity groups covering 79% of total imports in April 2021-August 2022, are –
Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-August 2022
99371.29
52757.47
31.27
88.35
32654.14
25143.27
10.27
29.87
26811.63
9770.50
8.44
174.41
18198.63
14954.16
5.73
21.70
16377.34
18791.04
5.15
-12.84
16259.67
11515.06
5.12
41.20
13948.64
12161.67
4.39
14.69
10568.21
7593.68
3.33
39.17
9156.24
6862.47
2.88
33.42
Non-ferrous metals
8677.84
6493.99
2.73
33.63
252023.63
166043.32
79.30
51.78
65784.35
52173.50
20.70
26.09
317807.98
218216.82
India’s Services Trade performance
India’s Exports of Services are surging.
Services Exports of USD 94.757 Billion for the period April’22 to July’22 are significantly higher (26.78%) than the corresponding export value of USD 74.740 Billion for the period April’21 to July’22.
Services Trade Balance of USD 35.814 Billion for the period April’22 to July’22 has shown a healthy growth of 7.62% compared to the corresponding Services Trade Balance of USD 33.279 Billion for the period April’21 to July’22.
Services Exports in FY 2022-23 are projected to be significantly higher than last year’s Services exports of USD 254.53 and are on course to break all past records.
(Values in US $ Million)
S. No.
Month
Receipts (Exports)
Increase
1
April 2021
18,056
April 2022
22,594
4,538
25.13
2
May 2021
17,861
May 2022
23,606
5,745
32.17
3
June 2021
20,299
June 2022
25,292
4,993
24.60
4
July 2021
18,524
July 2022
23,265
4,741
25.59
Total
74,740
94,757
20,017
26.78
Payments (Imports)
Growth
9,620
14,052
4,432
46.07
9,948
15,195
5,247
52.74
10,836
15,767
4,931
45.51
11,057
13,929
2,872
25.97
41,461
58,943
17,482
42.16