INDIA’S FOREIGN TRADE: April 2021

Ministry of Commerce & Industry

INDIA’S FOREIGN TRADE: April 2021

Posted On: 14 MAY 2021 5:57PM by PIB Delhi

India’s overall exports (Merchandise and Services combined) in April 2021* are estimated to be USD 51.79 Billion, exhibiting a positive growth of 93.21 per cent over the same period last year. Overall imports in April 2021* are estimated to be USD 58.72 Billion, exhibiting a positive growth of 122.24 per cent over the same period last year.

*Note: i) The latest data for services sector released by RBI is for March 2021. The data for April 2021 is an estimation, which will be revised based on RBI’s subsequent release ii) the figures in bracket are growth rates vis-à-vis corresponding period of last year.

I. MERCHANDISE TRADE

EXPORTS (including re-exports)

• Exports in April 2021 were USD 30.63 Billion, as compared to USD 10.36 Billion in April 2020, exhibiting a positive growth of 195.72 per cent. In Rupee terms, exports were Rs. 2,28,071.76 Crore in April 2021, as compared to Rs. 78,951.41 Crore in April 2020, registering a positive growth of 188.88 per cent. As compared to April 2019, exports in April 2021 exhibited a positive growth of 17.62 per cent in Dollar terms and 26.17 per cent in Rupee terms.
• The commodities/commodity groups which have recorded positive growth during April 2021 vis-à-vis April 2020 areGems & jewellery (9271.21%), Jute mfg. including floor covering (1684.62%), Carpet (1352.68%), Handicrafts excl. handmade carpet (1275.46%), Leather & leather products (1201.44%), RMG of all textiles (927.08%), Cotton yarn/fabs./made-ups, handloom products etc. (618.26%), Man-made yarn/fabs./made-ups etc. (587.01%), Other cereals  (451.39%), Ceramic products & glassware (444.45%), Electronic goods (372.62%), Oil meals (279.49%), Cashew (260.48%), Mica, Coal & other ores, minerals including processed minerals (241.21%), Engineering goods (238.27%), Petroleum products (191.53%), Tobacco (187.4%), Cereal preparations & miscellaneous processed items (174.61%), Iron ore (172.16%), Oil seeds (169.04%), Meat, dairy & poultry products (148.81%), Tea (146.31%), Marine products (107.94%), Spices (97.56%), Coffee (75.02%), Organic & inorganic chemicals (68.54%), Rice (61.64%), Plastic & Linoleum (51.89%), Fruits & vegetables (25.4%) and Drugs & pharmaceuticals (23.43%).
• Non-petroleum and Non-Gems and Jewellery exports in April 2021 were USD 23.62 Billion, as compared to USD 9.08 Billion in April 2020, registering a positive growth of 160.24 per cent. As compared to April 2019, Non-petroleum and Non-Gems and Jewellery exports in April 2021registered a positive growth of 20.47 per cent.

IMPORTS

• Imports in April 2021 were USD 45.72 Billion (Rs.3,40,505.06 Crore), which is an increase of 167.05 per cent in Dollar terms and 160.87 per cent in Rupee terms over imports of USD 17.12 Billion (Rs 1,30,525.08 Crore) in April 2020. Imports in April 2021 has registered a positive growth of7.87 per cent in Dollar terms and 15.71 per cent in Rupee terms in comparison to April 2019.
• Major commodity groups of import showing negative growth in April2021 over the corresponding month of last year are:

CRUDE OIL AND NON-OIL IMPORTS:

• Oil imports in April 2021 were USD 10.87 Billion (Rs. 80,968.76 Crore), which was 133.24 percent higher in Dollar terms (127.84 percent higher in Rupee terms), compared to USD 4.66 Billion (Rs. 35,537.22 Crore) in April 2020. As compared to April 2019, oil imports in April 2021 were 5.98percent lower in Dollar terms and 0.85per cent higher in rupee terms.
• In this connection it is mentioned that the global Brent price ($/bbl) has increased by 177.51% in April 2021 vis-à-vis April 2020 as per data available from World Bank.
• Non-oil imports in April 2021 were estimated at USD 34.85 Billion (Rs. 2,59,536.30 Crore) which was 179.70 percent higher in Dollar terms (173.23 percent higher in Rupee terms), compared to USD 12.46 Billion (Rs. 94,987.86 Crore) in April 2020. As compared to April 2019, Non-oil imports in April 2021, were 13.07 higher in Dollar terms and 21.28 per cent higher in Rupee terms.
• Non-Oil and Non-Gold imports were USD 28.61 Billion in April 2021, recording a positive growth of 129.68 per cent, as compared to Non-Oil and Non-Gold imports of USD 12.46Billion in April 2020. Non-Oil and Non-Gold imports in April 2021 recorded a positive growth of 6.56 per cent over April 2019.

1. TRADE IN SERVICES

EXPORTS (Receipts)

• As per the latest press release by RBI dated 14^thMay 2021, exports in March 2021 were USD 20.45Billion (Rs.1,48,868.56Crore) registering a positive growth of 12.60per cent in Dollar terms, vis-à-vis March2020. The estimated value of services export for April2021* is USD 21.17Billion.

IMPORTS (Payments)

• As per the latest press release by RBI dated 14^thMay 2021, imports in March 2021were USD 12.54Billion (Rs. 91,260.33Crore) registering a positive growth of 12.82per cent in Dollar terms, vis-à-vis March 2020. The estimated value of services import for April2021* is USD 13.00Billion.

III.TRADE BALANCE

• MERCHANDISE: The trade deficit for April2021 was estimated at USD15.10Billion as against the deficit of USD6.76Billion inApril2020, which is an increase of 123.17 percent.
• SERVICES: As per RBI’s Press Release dated 14^thMay 2021, the trade balance in Services (i.e. Net Services export) for March 2021is USD7.91Billion. The estimated trade balance in April 2021* is USD 8.17Billion.
• OVERALL TRADE BALANCE:Taking merchandise and services together, overall trade deficit for April 2021* is estimated at USD6.93Billion as compared to the surplus of USD0.38Billion in April 2020.

 *Note: The latest data for services sector released by RBI is for March 2021. The data for April2021 is an estimation, which will be revised based on RBI’s subsequent release.   

 MERCHANDISE TRADE  

EXPORTS & IMPORTS  : (US $ Billion)
(PROVISIONAL)
	APRIL
EXPORTS(including re-exports)
2020-21	10.36
2021-22	30.63
%Growth 2021-22/ 2020-21	195.72
IMPORTS
2020-21	17.12
2021-22	45.72
%Growth 2021-22/ 2020-21	167.05
TRADE BALANCE
2020-21	-6.76
2021-22	-15.10
EXPORTS & IMPORTS: (Rs. Crore)
(PROVISIONAL)
	APRIL
EXPORTS(including re-exports)
2020-21	78,951.41
2021-22	2,28,071.76
%Growth 2021-22/ 2020-21	188.88
IMPORTS
2020-21	1,30,525.08
2021-22	3,40,505.06
%Growth 2021-22/ 2020-21	160.87
TRADE BALANCE
2020-21	-51,573.67
2021-22	-1,12,433.30

 SERVICES TRADE 

EXPORTS & IMPORTS (SERVICES) : (US $ Billion)
(PROVISIONAL)	March 2021	April-March2020-21
EXPORTS (Receipts)	20.45	205.27
IMPORTS (Payments)	12.54	118.45
TRADE BALANCE	7.91	86.82
EXPORTS & IMPORTS (SERVICES): (Rs. Crore)
(PROVISIONAL)	March 2021	April-March 2020-21
EXPORTS (Receipts)	1,48,868.56	15,22,156.97
IMPORTS (Payments)	91,260.33	8,78,061.12
TRADE BALANCE	57,608.22	6,44,095.85
Source: RBI Press Release dated 14th May 2021

QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR APRIL 2021  TRADE: EXPORT

Sl. No.	Commodities	Valuesin Rs Crore		% Change
		APR’20	APR’21	APR’21
1	Tea	153.94	370.38	140.60
2	Coffee	311.31	532.19	70.95
3	Rice	4177.48	6596.09	57.90
4	Other cereals	76.70	413.10	438.59
5	Tobacco	193.57	543.42	180.74
6	Spices	1537.78	2967.75	92.99
7	Cashew	105.14	370.20	252.10
8	Oil Meals	240.44	891.37	270.72
9	Oil seeds	273.05	717.69	162.84
10	Fruits & Vegetables	1549.85	1898.55	22.50
11	Cereal preparations & miscellaneous processed items	457.01	1226.01	168.27
12	Marine Products	2016.12	4095.38	103.13
13	Meat, dairy & poultry products	1058.09	2571.64	143.05
14	Iron Ore	1778.03	4727.09	165.86
15	Mica, Coal & Other Ores, Minerals including processed minerals	859.34	2864.27	233.31
16	Leather & leather products	169.64	2156.50	1171.22
17	Ceramic products & glassware	398.29	2118.14	431.81
18	Gems & Jewellery	274.90	25166.07	9054.63
19	Drugs & Pharmaceuticals	11672.27	14073.80	20.57
20	Organic & Inorganic Chemicals	9136.18	15042.01	64.64
21	Engineering Goods	17949.87	59313.12	230.44
22	Electronic Goods	1578.51	7287.50	361.67
23	Cotton Yarn/Fabs./made-ups, Handloom Products etc.	1129.15	7922.53	601.64
24	Man-made Yarn/Fabs./made-ups etc.	470.83	3159.83	571.12
25	RMG of all Textiles	962.92	9661.36	903.34
26	Jute Mfg. including Floor Covering	15.85	276.44	1644.10
27	Carpet	68.18	967.20	1318.60
28	Handicrafts excl. handmade carpet	87.93	1181.05	1243.17
29	Petroleum Products	9472.57	26976.37	184.78
30	Plastic & Linoleum	3647.70	5412.18	48.37
	Sub-Total	71822.64	211499.23	194.47
	GRAND TOTAL	78951.41	228071.76	188.88

Note 1: Grand total is inclusive of component ‘Other’.

Note 2: The figures for APR’21are provisional.

QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR APRIL 2021 

TRADE: EXPORT

Sl. No.	Commodities	Values in Million USD		% Change
		APR’20	APR’21	APR’21
1	Tea	20.19	49.73	146.31
2	Coffee	40.83	71.46	75.02
3	Rice	547.96	885.71	61.64
4	Other cereals	10.06	55.47	451.39
5	Tobacco	25.39	72.97	187.40
6	Spices	201.71	398.50	97.56
7	Cashew	13.79	49.71	260.48
8	Oil Meals	31.54	119.69	279.49
9	Oil seeds	35.82	96.37	169.04
10	Fruits & Vegetables	203.30	254.93	25.40
11	Cereal preparations & miscellaneous processed items	59.95	164.63	174.61
12	Marine Products	264.46	549.92	107.94
13	Meat, dairy & poultry products	138.79	345.32	148.81
14	Iron Ore	233.23	634.75	172.16
15	Mica, Coal & Other Ores, Minerals including processed minerals	112.72	384.61	241.21
16	Leather & leather products	22.25	289.57	1201.44
17	Ceramic products & glassware	52.24	284.42	444.45
18	Gems & Jewellery	36.06	3379.26	9271.21
19	Drugs & Pharmaceuticals	1531.06	1889.81	23.43
20	Organic & Inorganic Chemicals	1198.40	2019.82	68.54
21	Engineering Goods	2354.50	7964.46	238.27
22	Electronic Goods	207.05	978.55	372.62
23	Cotton Yarn/Fabs./made-ups, Handloom Products etc.	148.11	1063.82	618.26
24	Man-made Yarn/Fabs./made-ups etc.	61.76	424.30	587.01
25	RMG of all Textiles	126.31	1297.31	927.08
26	Jute Mfg. including Floor Covering	2.08	37.12	1684.62
27	Carpet	8.94	129.87	1352.68
28	Handicrafts excl. handmade carpet	11.53	158.59	1275.46
29	Petroleum Products	1242.52	3622.34	191.53
30	Plastic & Linoleum	478.47	726.74	51.89
	Sub-Total	9421.02	28399.75	201.45
	GRAND TOTAL	10356.12	30625.09	195.72

Note 1: Exports include Re-Exports.

Note 2: The figures for APR’21are provisional.

Note 3: Grand total is inclusive of component ‘Other

QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR APRIL 2021 

TRADE: IMPORT

Sl. No.	Commodities	Values in Rs Crore		% Change
		APR’20	APR’21	APR’21
1	Cotton Raw & Waste	226.37	248.04	9.57
2	Vegetable Oil	4947.75	9588.56	93.80
3	Pulses	725.53	411.23	-43.32
4	Fruits & vegetables	969.67	1611.28	66.17
5	Pulp and Waste paper	486.64	696.65	43.16
6	Textile yarn Fabric, made-up articles	521.56	1086.38	108.29
7	Fertilisers, Crude & manufactured	2664.61	2807.19	5.35
8	Sulphur & Unroasted Iron Pyrites	8.71	138.37	1488.63
9	Metaliferrous ores & other minerals	2015.66	4703.43	133.34
10	Coal, Coke & Briquettes, etc.	9110.87	14820.70	62.67
11	Petroleum, Crude & products	35537.22	80968.76	127.84
12	Wood & Wood products	1913.74	3762.35	96.60
13	Leather & leather products	212.77	399.06	87.55
14	Organic & Inorganic Chemicals	9889.74	16700.62	68.87
15	Dyeing/tanning/colouring materials	1180.13	2171.76	84.03
16	Artificial resins, plastic materials, etc.	5684.63	13253.62	133.15
17	Chemical material & products	3673.03	6637.87	80.72
18	Newsprint	327.33	172.54	-47.29
19	Pearls, precious & Semi-precious stones	15.71	18400.05	117023.17
20	Iron & Steel	5200.34	8804.40	69.30
21	Non-ferrous metals	3411.10	9805.95	187.47
22	Machine tools	1197.96	2349.57	96.13
23	Machinery, electrical & non-electrical	10844.39	22760.45	109.88
24	Transport equipment	4092.11	10863.53	165.48
25	Project goods	410.29	769.29	87.50
26	Professional instrument, Optical goods, etc.	1364.05	3365.06	146.70
27	Electronic goods	12277.26	37682.97	206.93
28	Medicinal & Pharmaceutical products	3309.45	5011.71	51.44
29	Gold	21.61	46462.75	214905.78
30	Silver	790.95	88.60	-88.80
	Sub-Total	123031.18	326542.74	165.41
	GRAND TOTAL	130525.08	340505.06	160.87

Note 1: Grand total is inclusive of component ‘Other’.

Note 2: The figures for APR’21are provisional.cccxfdf

QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR APRIL 2021

TRADE: IMPORTS

Sl. No.	Commodities	Values in Million USD		% Change
		APR’20	APR’21	APR’21
1	Cotton Raw & Waste	29.69	33.31	12.19
2	Vegetable Oil	649.00	1287.54	98.39
3	Pulses	95.17	55.22	-41.98
4	Fruits & vegetables	127.19	216.36	70.11
5	Pulp and Waste paper	63.83	93.54	46.55
6	Textile yarn Fabric, made-up articles	68.41	145.88	113.24
7	Fertilisers, Crude & manufactured	349.52	376.94	7.85
8	Sulphur & Unroasted Iron Pyrites	1.14	18.58	1529.82
9	Metaliferrous ores & other minerals	264.40	631.57	138.87
10	Coal, Coke & Briquettes, etc.	1195.08	1990.10	66.52
11	Petroleum, Crude & products	4661.44	10872.35	133.24
12	Wood & Wood products	251.03	505.20	101.25
13	Leather & leather products	27.91	53.59	92.01
14	Organic & Inorganic Chemicals	1297.24	2242.53	72.87
15	Dyeing/tanning/colouring materials	154.80	291.62	88.39
16	Artificial resins, plastic materials, etc.	745.66	1779.67	138.67
17	Chemical material & products	481.79	891.32	85.00
18	Newsprint	42.94	23.17	-46.04
19	Pearls, precious & Semi-precious stones	2.06	2470.73	119838.35
20	Iron & Steel	682.13	1182.24	73.32
21	Non-ferrous metals	447.44	1316.73	194.28
22	Machine tools	157.14	315.50	100.78
23	Machinery, electrical & non-electrical	1422.47	3056.23	114.85
24	Transport equipment	536.77	1458.74	171.76
25	Project goods	53.82	103.30	91.94
26	Professional instrument, Optical goods, etc.	178.92	451.85	152.54
27	Electronic goods	1610.42	5060.00	214.20
28	Medicinal & Pharmaceutical products	434.10	672.96	55.02
29	Gold	2.83	6238.94	220357.24
30	Silver	103.75	11.90	-88.53
	Sub-Total	16138.09	43847.61	171.70
	GRAND TOTAL	17121.07	45722.44	167.05

Note 1: Imports include Re-Imports.

Note 2: The figures for APR’21are provisional.

Note 3: Grand total is inclusive of component ‘Other’.