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India's Foreign Trade: May 2021

Posted on 15 June 2021,    
 174    Share  Report

India’s overall exports (Merchandise and Services combined) in April-May2021* are estimated to be USD 98.29Billion, exhibiting a positive growth of 56.94per cent over the same period last year. Overall imports in April-May2021* are estimated to be USD 104.14Billion, exhibiting a positive growth of 77.82per cent over the same period last year.

India s Foreign Trade: May 2021

I. MERCHANDISE TRADE

EXPORTS (including re-exports)

  • Exports in May 2021 were USD 32.27 Billion, as compared to USD 19.05 Billion in May 2020, exhibiting a positive growth of 69.35 per cent. In Rupee terms, exports were Rs. 2,36,426.16 Crore in May 2021, as compared to Rs. 1,44,166.01 Crore in May 2020, registering a positive growth of 64.00 per cent. As compared to May 2019, exports in May 2021 exhibited a positive growth of 8.11 per cent in Dollar terms and 13.53 per cent in Rupee terms.
  • The commodities/commodity groups which have recorded positive growth during May 2021 vis-à-vis May 2020 areOther cereals  (847.41%), Jute mfg. including floor covering (256.29%), Petroleum products (227.25%), Handicrafts excl. handmade carpet (192.9%), Gems & jewellery (179.13%), Leather & leather products (155.08%), Meat, dairy & poultry products (146.45%), Man-made yarn/fabs./made-ups etc. (146.34%), Cotton yarn/fabs./made-ups, handloom products etc. (137.93%), RMG of all textiles (114.21%), Carpet (107.85%), Electronic goods (90.79%), Ceramic products & glassware (81.57%), Mica, Coal & other ores, minerals including processed minerals (77.07%), Engineering goods (53%), Cereal preparations & miscellaneous processed items (52.92%), Cashew (38.33%), Marine products (33.58%), Iron ore (25.71%), Plastic & Linoleum (20.46%), Organic & inorganic chemicals (20.05%), Tobacco (15.11%), Rice (12.64%), Oil meals (8.29%) and Coffee (1.08%).
  • The commodities/commodity groups which have recorded negative growth during May 2021 vis-à-vis May 2020 are Fruits & vegetables (-7.1%), Oil seeds (-7.09%), Drugs & pharmaceuticals (-5.36%), Tea (-3.4%) and Spices (-0.33%).
  • Cumulative value of exports for the period April-May 2021 was USD 62.89 Billion (Rs. 4,64,497.92 Crore) as against USD 29.41 Billion (Rs. 2,23,117.42 Crore) during the period April-May 2020, registering a positive growth of 113.85 per cent in Dollar terms (positive growth of 108.19 per cent in Rupee terms). As compared to April-May 2019, exports inApril-May 2021 exhibited a positive growth of 12.54 per cent in Dollar terms and 19.40 per cent in Rupee terms.
  • Non-petroleum and Non-Gems and Jewellery exports in May 2021 were USD 23.97 Billion, as compared to USD 16.36 Billion in May 2020, registering a positive growth of 46.50 per cent. As compared to May 2019, Non-petroleum and Non-Gems and Jewellery exports in May 2021registered a positive growth of 11.51 per cent. Non-petroleum and Non-Gems and Jewellery exports in April-May 2021 were USD 47.59 Billion, as compared to USD 25.44 Billion for the corresponding period in 2020-21, which is an increase of 87.08 per cent. As compared to April-May 2019, Non-petroleum and Non-Gems and Jewellery exports in April-May 2021 registered a positive growth of 15.78 per cent.

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