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India’s merchandise imports shows sumptuous increase in August 2021

New Delhi – India’s merchandise imports in August 2021 was USD 47.01 billion, an increase of 51.47% over USD 31.03 billion in August 2020 and an increase of 17.95% over USD 39.85 billion in August 2019.

India’s merchandise imports in April-August 2021 was USD 219.54 billion, an increase of 81.75%  over USD 120.79 billion in April-August 2020 and a marginal increase of 4.35% over USD 210.39 billion in April-August 2019.

The trade deficit in Merchandise imports in August 2021 was USD 13.87 billion in compared to the trade deficit of USD 8.2 billion in August 2020, while it is USD 55.9 billion during April-August 2021 as compared to USD 22.7 billion during the same period of the previous year.

Value of non-petroleum exports in August 2021 was 28.58USD billion, registering a positive growth of 36.57% over non-petroleum exports of USD 20.93 billion in August 2020 and a positive growth of 25.44% over non-petroleum exports of USD 22.78 billion in August 2019.

Value of non-petroleum imports was USD 35.37 billion in August 2021 with a positive growth of 43.88% over non-petroleum imports of USD 24.58 billion in August 2020 and had a positive growth of 22.58% only over non-petroleum imports of USD 28.85 billion in August 2019.

The cumulative value of non-petroleum exports in April-August 2021 was USD 140.6 billion, an increase of 56.96% over USD 89.58 billion in April-August 2020 and an increase of 21.92% over USD 115.33 billion in April-August 2019.

The cumulative value of non-petroleum imports in April-August 2021 was USD 164.01 billion, showing an increase of 73.22% compared to non-oil imports of USD 94.68 billion in April-August 2020 and a marginal increase of 6.31% compared to non-oil imports of USD 154.28 billion in April-August 2019.

Value of non-petroleum and non-gems and jewellery exports in August 2021 was USD 25.15 billion, registering a positive growth of 31.66% over non-petroleum and non-gems and jewellery exports of USD 19.1 billion in August 2020 and a positive growth of 28.53% over non-petroleum and non-gems and jewellery exports of USD 19.57 billion in August 2019.

Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 26.36 billion in August 2021 with a positive growth of 33.97%over non-oil and non-GJ imports of USD 19.68 billion in August 2020but had a marginal positive growth of 2.63% over non-oil and non-GJ imports of USD 25.69 billion in August 2019.

The cumulative value of non-petroleum and non-gems and jewellery exports in April-August 2021 was USD 124.55 billion, an increase of 49.0% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 83.59 billion in April-August 2020 and an increase of 24.99% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 99.65 billion in April-August 2019. Non-oil, non-GJ (Gold, Silver & Precious Metals) imports was USD 132.94 billion in April-August 2021, recording a positive growth of 57.04%, as compared to non-oil and non-GJ imports of USD 84.66 billion in April-August 2020 and a marginal positive growth of 3.32% over USD 128.67 billion in April-August 2019.

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