Previous Highest Ever yearly exports crossed in 10 months

Ministry of Commerce & Industry

Previous Highest Ever yearly exports crossed in 10 months this year with figures touching USD 336 billion approximately

India’s merchandise export in January 2022 increases by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75% over USD 25.85 billion in January 2020

India’s merchandise export in 2021-22 (April-January) rises by 46.53% to USD 335.44 billion over USD 228.9 billion in 2020-21 (April-January); marks an increase of 27.0% over USD 264.13 billion in 2019-20 (April-January)

INDIA’S MERCHANDISE TRADE: Preliminary Data for January 2022

India’s merchandise export in January 2022 increased by 23.69% to USD 34.06 billion over USD 27.54 billion in January 2021; records increase of 31.75% over USD 25.85 billion in January 2020.

India’s merchandise export in 2021-22 (April-January) rose by 46.53% to USD 335.44 billion over USD 228.9 billion in 2020-21 (April-January); marks an increase of 27.0% over USD 264.13 billion in 2019-20 (April-January).

Value of non-petroleum exports in January 2022 was USD 30.33 billion, registering a positive growth of 19.4% over non-petroleum exports of USD 25.4 billion in January 2021 and a positive growth of 33.81% over non-petroleum exports of USD 22.67 billion in January 2020.

The cumulative value of non-petroleum exports in 2021-22 (Apr-Jan) was USD 287.84 billion, an increase of 37.59% over USD 209.19 billion in 2020-21 (Apr-Jan) and an increase of 25.8% over USD 228.8 billion in 2019-20 (Apr-Jan).

Value of non-petroleum and non-gems and jewellery exports in January 2022 was USD 27.09 billion, registering a positive growth of 20.1% over non-petroleum and non-gems and jewellery exports of USD 22.56 billion in January 2021 and a positive growth of 36.92% over non-petroleum and non-gems and jewellery exports of USD 19.79 billion in January 2020.

The cumulative value of non-petroleum and non-gems and jewellery exports in 2021-22 (April-January) was USD 255.69 billion, an increase of 34.95% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 189.47 billion in 2020-21(April-January) and an increase of 29.18% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 197.94 billion in 2019-20 (April-January).

Top 10 major commodity groups covering 78% of total exports in January 2022, are:

 

Statement: Exports of Top 10 Major Commodity Groups
Value of Export (Million US$) Share (%) Growth (%)
Major Commodity Group Jan-22 Jan-21 Jan-22 Jan-22 over Jan-21
Engineering goods 9201.76 7413.15 27.01 24.13
Petroleum products 3732.26 2136.00 10.96 74.73
Gems and Jewellery 3236.98 2843.62 9.50 13.83
Organic and Inorganic chemicals 2447.89 1942.16 7.19 26.04
Drugs and Pharmaceuticals 2054.24 2075.22 6.03 -1.01
Cotton Yarn/Fabs./Madeups, Handloom products etc. 1389.46 974.54 4.08 42.58
RMG of all Textiles 1549.00 1295.91 4.55 19.53
Electronic goods 1364.63 1180.09 4.01 15.64
Plastic and Linoleum 844.47 638.37 2.48 32.29
Rice 813.75 769.89 2.39 5.70
Total of 10 Major Commodity Groups 26634.46 21268.95 78.19 25.23
Rest 7428.41 6269.33 21.81 18.49
Total Exports 34062.87 27538.28 100.00 23.69

 

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