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India’s merchandise export in April -July 2022-23 was USD 156.41 billion with an increase of 19.35% over USD 131.06 billion in April -July 2021-22.
Aug 03, 2022

India has achieved merchandise export of USD 35.24 billion in July 2022, almost at similar levels of USD 35.51 billion in July 2021. This has been achieved despite measures to control inflation (Iron Ore & Pellets, Iron and Steel, Petroleum Products, etc.) and the continued disruptions of supply chains due to Covid and Russia-Ukraine conflict.

Value of non-petroleum exports in July 2022 was 29.82 USD billion, registering a positive growth of only 0.48% over non-petroleum exports of USD29.67 billion in July 2021. The cumulative value of non-petroleum exports in April -July 2022-23 was USD 123.90 billion, an increase of 10.3% over USD 112.32 billion in April -July 2021-22.

Value of non-petroleum and non-gems and jewellery exports in July 2022 was USD 26.54 billion, registering a positive growth of 1.24% over non-petroleum and non-gems and jewellery exports of USD 26.21 billion in July 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -July 2022-23was USD 110.39 billion, an increase of 10.73% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.69 billion in April -July 2021-22.

India’s merchandise import in July 2022 was USD 66.26 billion, an increase of 43.59% over USD 46.15 billion in July 2021. India’s merchandise imports in April -July 2022-23 was USD 256.43 billion with an increase of 48.12% over USD 173.12 billion in April -July 2021-22.

Value of non-petroleum imports was USD 45.13 billion in July 2022 with a positive growth of 33.74% over non-petroleum imports of USD 33.74 billion in July 2021.The cumulative value of non-petroleum imports in April -July 2022-23was USD 174.39 billion, showing an increase of 34.35% compared to non-oil imports of USD 129.81 billion in April -July 2021-22.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 38.44 billion in July 2022 with a positive growth of 42.88%over non-oil and non-GJ imports of USD 26.9 billion in July 2021.Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -July 2022-23 was USD 147.55 billion, recording a positive growth of 36.93%, as compared to non-oil and non-GJ imports of USD 107.75 billion in April -July 2021-22.

The trade deficit in July 2022 was USD 31.02 billion, while it was 100.01 billion USD during April -July 2022-23.

Statement1:India’s Total Trade in Merchandise goods in July 2022
	Value in Billion USD		%Growth
	JULY'22	JULY'21	JULY'22 vs JULY'21
Exports	35.24	35.51	-0.76
Imports	66.26	46.15	43.59
Deficit	31.02	10.63	-

Statement 2: India’s Total Trade in Merchandise goods in April-July 2022-23
	Value in Billion USD		% Growth
	APR’22-JULY'22	APR’21-JULY'21	APR-JULY 2022-23 vs APR-JULY 2021-22
Exports	156.41	131.06	19.35
Imports	256.43	173.12	48.12
Deficit	100.01	42.07	-

Statement 3: Merchandise Non-POL Trade in July 2022
	Value in Billion USD		% Growth
	JULY'22	JULY'21	JULY'22 vs JULY'21
Exports	29.82	29.67	0.48
Imports	45.13	33.74	33.74

Statement 4: Merchandise Non-POL Trade in April-July 2022-23
	Value in Billion USD		% Growth
	APR’22-JULY'22	APR’21-JULY'21	APR-JULY 2022-23 vs APR-JULY 2021-22
Exports	123.90	112.32	10.30
Imports	174.39	129.81	34.35

Statement 5: Merchandise Non-POL Non-GJ Trade in July 2022
	Value in Billion USD		% Growth
	JULY'22	JULY'21	JULY'22 vs JULY'21
Exports	26.54	26.21	1.24
Imports	38.44	26.90	42.88

Statement 6: Merchandise Non-POL Non-GJ Trade in April-July 2022-23
	Value in Billion USD		% Growth
	APR’22-JULY'22	APR’21-JULY'21	APR-JULY 2022-23 vs APR-JULY 2021-22
Exports	110.39	99.69	10.73
Imports	147.55	107.75	36.93

Top 10 major commodity groups covering 81% of total exports in July 2022, are –

Statement 7: Exports of Top 10 Major Commodity Groups in July 2022
	Value of Export (Million US$)		Share (%)	Growth (%)
Major Commodity Group	July-22	July-21	July-22	July-22 over July-21
Engineering goods	9303.21	9545.20	26.40	-2.54
Petroleum products	5427.21	5840.02	15.40	-7.07
Gems and Jewellery	3279.34	3459.67	9.30	-5.21
Organic and Inorganic chemicals	2618.54	2426.09	7.43	7.93
Drugs and Pharmaceuticals	2116.29	2145.67	6.00	-1.37
Electronic goods	1817.51	1244.20	5.16	46.08
RMG of all Textiles	1380.45	1389.22	3.92	-0.63
Cotton Yarn/Fabs./Madeups, Handloom products etc.	943.50	1315.42	2.68	-28.27
Rice	925.64	710.94	2.63	30.20
Plastic and Linoleum	801.09	832.61	2.27	-3.79
Total of 10 Major Commodity Groups	28612.77	28909.05	81.19	-1.02
Rest	6630.84	6603.77	18.81	0.41
Total Exports	35243.61	35512.82	100.00	-0.76

Top 10 major commodity groups covering 78% of total importsin July 2022, are –

Statement 8: Imports of Top 10 Major Commodity Groups in July 2022
	Value of Import (Million US$)		Share (%)	Growth (%)
Major Commodity Group	July-22	July-21	July-22	July-22 over July-21
Petroleum, Crude & products	21132.90	12402.06	31.89	70.40
Electronic goods	6800.89	5319.77	10.26	27.84
Coal, Coke & Briquettes, etc.	5179.98	1958.92	7.82	164.43
Machinery, electrical & non-electrical	3812.57	2821.52	5.75	35.12
Pearls, precious & Semi-precious stones	3214.10	2628.17	4.85	22.29
Organic & Inorganic Chemicals	3141.19	2440.47	4.74	28.71
Gold	2370.32	4203.06	3.58	-43.60
Artificial resins, plastic materials, etc.	2191.18	1313.21	3.31	66.86
Vegetable Oil	2015.77	1369.58	3.04	47.18
Non-ferrous metals	1815.26	1297.09	2.74	39.95
Total of 10 Major Commodity Groups	51674.18	35753.86	77.98	44.53
Rest	14590.15	10393.11	22.02	40.38
Total Imports	66264.32	46146.97	100.00	43.59

Top 10 major commodity groups covering 81% of total exports in April 2021-July 2022, are –

Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-July 2022
	Value of Export (Million US$)		Share (%)	Growth (%)
Major Commodity Group	Apr’22-July’22	Apr’21-July’21	Apr’21-July’22	Apr’22-July’23 over Apr’21-July’22
Engineering goods	38272.24	35437.95	24.47	8.00
Petroleum products	32512.21	18731.63	20.79	73.57
Gems and Jewellery	13511.47	12631.44	8.64	6.97
Organic and Inorganic chemicals	10778.63	9300.92	6.89	15.89
Drugs and Pharmaceuticals	8374.09	7934.51	5.35	5.54
Electronic goods	6567.00	4212.38	4.20	55.90
RMG of all Textiles	5871.34	4794.93	3.75	22.45
Cotton Yarn/Fabs./Madeups, Handloom products etc.	4107.66	4681.56	2.63	-12.26
Rice	3648.22	3123.11	2.33	16.81
Plastic and Linoleum	3151.45	3403.82	2.01	-7.41
Total of 10 Major Commodity Groups	126794.30	104252.24	81.07	21.62
Rest	29616.19	26803.13	18.93	10.50
Total Exports	156410.49	131055.37	100.00	19.35

Top 10 major commodity groups covering 80% of total importsin April 2021-July 2022, are –

Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-July 2022
	Value of Import (Million US$)		Share (%)	Growth (%)
Major Commodity Group	Apr’22-July’22	Apr’21-July’21	Apr’21-July’22	Apr’22-July’23 over Apr’21-July’22
Petroleum, Crude & products	82030.43	43314.28	31.99	89.38
Electronic goods	25389.90	19220.00	9.90	32.10
Coal, Coke & Briquettes, etc.	22323.14	7831.34	8.71	185.05
Machinery, electrical & non-electrical	14316.11	12036.53	5.58	18.94
Organic & Inorganic Chemicals	13269.85	9445.84	5.17	40.48
Gold	12860.94	12088.11	5.02	6.39
Pearls, precious & Semi-precious stones	11535.04	9915.71	4.50	16.33
Artificial resins, plastic materials, etc.	8553.75	6221.55	3.34	37.49
Vegetable Oil	7265.81	5526.97	2.83	31.46
Non-ferrous metals	6956.56	5334.08	2.71	30.42
Total of 10 Major Commodity Groups	204501.55	130934.41	79.75	56.19
Rest	51923.47	42189.54	20.25	23.07
Total Imports	256425.02	173123.96	100.00	48.12

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