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.

Merchandise and Services combined

*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:

Imports

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 14thMay 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 14thMay 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 14thMay 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’.

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