India`s merchandise exports rise to $30.21 billion in April
The Ministry of Commerce & Industry in its latest data has showed that India’s merchandise exports in April 2021 stood at $30.21 billion, an increase of 197.03% over $10.17 billion in April 2020 and an increase of 16.03% over $26.04 billion in April 2019. India’s merchandise imports in April 2021 came in at $45.45 billion, with an increase of 165.99% over $17.09 billion in April 2020 and an increase of 7.22% over $42.39 billion in April 2019.
Thus, India is a net importer in April 2021 with a trade deficit of $15.24 billion, which increased by 120.34% over trade deficit of $6.92 billion in April 2020 and declined by 6.81% over trade deficit of $16.35 billion in April 2019. In April 2021, the value of non-petroleum exports was $26.85 billion, registering a positive growth of 200.62% over $8.93 billion in April 2020 and a positive growth of 19.44% over $22.48 billion in April 2019. The value of non-petroleum and non-gems and jewellery exports in April 2021 was $23.51 billion, registering a positive growth of 164.28% over $8.90 billion in April 2020 and a positive growth of 19.89% over $19.61 billion in April 2019.
In April 2021, Oil imports was $10.8 billion, a positive growth of 132.26% compared to $4.65 billion in April 2020 and a negative growth of 6.62 compared to $11.56 billion in April 2019. Non-oil imports in April 2021 was estimated at $34.65 billion, showing an increase of 178.6% compared to $12.44 billion in April 2020 and an increase of 12.42% compared to $30.82 billion in April 2019. Non-oil, non-GJ (gold, silver &Precious metals) imports was $26.05 billion in April 2021, recording a positive growth of 111.3%, as compared to non-oil and non-GJ imports of $12.33 billion in April 2020 and a positive growth of 6.48% over $24.46 billion in April 2019.
