INDIA’S MERCHANDISE TRADE: Preliminary Data of June 2022
India has achieved a monthly value of merchandise export in June 2022 amounting USD 37.94 billion, an increase of 16.78% over USD 32.49 billion in June 2021. India’s merchandise export in April -June 2022-23 was USD 116.77 billion with an increase of 22.22% over USD 95.54 billion in April -June 2021-22.
Value of non-petroleum exports in June 2022 was 30.12 USD billion, registering a positive growth of 5.53% over non-petroleum exports of USD 28.54 billion in June 2021. The cumulative value of non-petroleum exports in April -June 2022-23 was USD 92.49 billion, an increase of 11.92% over USD 82.65 billion in April -June 2021-22.
Value of non-petroleum and non-gems and jewellery exports in June 2022 was USD 26.75 billion, registering a positive growth of 4.0% over non-petroleum and non-gems and jewellery exports of USD 25.72 billion in June 2021. The cumulative value of non-petroleum and non-gems and jewellery exports in April -June 2022–23 was USD 82.43 billion, an increase of 12.19% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 73.47 billion in April -June 2021–22.
Petroleum products (98.01%), Electronic goods (50.66%) and RMG of all Textiles (44.67%) led the way in high increase in exports during June 2022.
India’s merchandise import in June 2022 was USD 63.58 billion, an increase of 51.02% over USD 42.1 billion in June 2021. India’s merchandise imports in April -June 2022-23 was USD 187.02 billion with an increase of 47.31% over USD 126.96 billion in April -June 2021-22.
Value of non-petroleum imports was USD 42.84 billion in June 2022 with a positive growth of 36.36% over non-petroleum imports of USD 31.42 billion in June 2021. The cumulative value of non-petroleum imports in April -June 2022–23 was USD 126.95 billion, showing an increase of 32.18% compared to non-oil imports of USD 96.04 billion in April -June 2021–22.
Value of non-oil, non-GJ (gold, silver & Precious metals) imports was USD 36.7 billion in June 2022 with a positive growth of 31.71% over non-oil and non-GJ imports of USD 27.87 billion in June 2021. Non-oil, non-GJ (Gold, Silver & Precious Metals) imports in April -June 2022-23 was USD 107.14 billion, recording a positive growth of 32.55%, as compared to non-oil and non-GJ imports of USD 80.83 billion in April -June 2021-22.
The trade deficit in June 2022 was USD 25.63 billion, while it was 70.25 billion USD during April -June 2022-23.
Statement 1: India’s Total Trade in Merchandise goods in June 2022
Value in Billion USD
% Growth
JUNE’22
JUNE’21
JUNE’22 vs JUNE’21
Exports
37.94
32.49
16.78
Imports
63.58
42.10
51.02
Deficit
25.63
9.61
–
Statement 2: India’s Total Trade in Merchandise goods in April-June 2022-23
Value in Billion USD
% Growth
APR’22-JUNE’22
APR’21-JUNE’21
APR-JUNE 2022-23 vs APR-JUNE 2021-22
Exports
116.77
95.54
22.22
Imports
187.02
126.96
47.31
Deficit
70.25
31.42
–
Statement 3: Merchandise Non-POL Trade in June 2022
Value in Billion USD
% Growth
JUNE’22
JUNE’21
JUNE’22 vs JUNE’21
Exports
30.12
28.54
5.53
Imports
42.84
31.42
36.36
Statement 4: Merchandise Non-POL Trade in April-June 2022-23
Value in Billion USD
% Growth
APR’22-JUNE’22
APR’21-JUNE’21
APR-JUNE 2022-23 vs APR-JUNE 2021-22
Exports
92.49
82.65
11.92
Imports
126.95
96.04
32.18
Statement 5: Merchandise Non-POL Non-GJ Trade in June 2022
Value in Billion USD
% Growth
JUNE’22
JUNE’21
JUNE’22 vs JUNE’21
Exports
26.75
25.72
4.00
Imports
36.70
27.87
31.71
Statement 6: Merchandise Non-POL Non-GJ Trade in April-June 2022-23
Value in Billion USD
% Growth
APR’22-JUNE’22
APR’21-JUNE’21
APR-JUNE 2022-23 vs APR-JUNE 2021-22
Exports
82.43
73.47
12.19
Imports
107.14
80.83
32.55
Top 10 major commodity groups covering 81% of total exports in June 2022, are –
Statement 7: Exports of Top 10 Major Commodity Groups in June 2022
Value of Export (Million US$)
Share (%)
Growth (%)
Major Commodity Group
June-22
June-21
June-22
June-22 over June-21
Engineering goods
9149.59
9295.06
24.11
-1.57
Petroleum products
7826.60
3952.68
20.63
98.01
Gems and Jewellery
3372.57
2824.44
8.89
19.41
Organic and Inorganic chemicals
2799.82
2666.32
7.38
5.01
Drugs and Pharmaceuticals
1995.75
2021.42
5.26
-1.27
Electronic goods
1571.58
1043.10
4.14
50.66
RMG of all Textiles
1449.31
1001.81
3.82
44.67
Rice
1034.64
742.70
2.73
39.31
Yarn/Fabs./Madeups, Handloom products etc.
925.24
1194.50
2.44
-22.54
Plastic and Linoleum
752.01
979.52
1.98
-23.23
Total of 10 Major Commodity Groups
30877.10
25721.55
81.37
20.04
Rest
7067.37
6771.45
18.63
4.37
Total Exports
37944.48
32493.00
100.00
16.78
Top 10 major commodity groups covering 80% of total imports in June 2022, are –
Statement 8: Imports of Top 10 Major Commodity Groups in June 2022
Value of Import (Million US$)
Share (%)
Growth (%)
Major Commodity Group
June-22
June-21
June-22
June-22 over June-21
Petroleum, Crude & products
20734.03
10678.42
32.61
94.17
Coal, Coke & Briquettes, etc.
6411.09
1875.60
10.08
241.81
Electronic goods
5838.62
4601.61
9.18
26.88
Machinery, electrical & non-electrical
3628.93
3181.17
5.71
14.08
Organic & Inorganic Chemicals
3357.29
2454.65
5.28
36.77
Pearls, precious & Semi-precious stones
2748.48
2571.76
4.32
6.87
Gold
2611.02
969.02
4.11
169.45
Artificial resins, plastic materials, etc.
2157.09
1470.42
3.39
46.70
Vegetable Oil
1754.26
1435.43
2.76
22.21
Non-ferrous metals
1532.75
1457.19
2.41
5.19
Total of 10 Major Commodity Groups
50773.56
30695.27
79.86
65.41
Rest
12803.04
11402.99
20.14
12.28
Total Imports
63576.59
42098.26
100.00
51.02
Top 10 major commodity groups covering 81% of total exports in April 2021-June 2022, are –
Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-June 2022
Value of Export (Million US$)
Share (%)
Growth (%)
Major Commodity Group
Apr’22-June’22
Apr’21-June’21
Apr’21-June’22
Apr’21-June’22 over Apr’20-June’21
Engineering goods
28543.85
25893.29
24.44
10.24
Petroleum products
24274.78
12891.19
20.79
88.31
Gems and Jewellery
10065.96
9171.76
8.62
9.75
Organic and Inorganic chemicals
8040.39
6874.75
6.89
16.96
Drugs and Pharmaceuticals
6131.39
5788.82
5.25
5.92
Electronic goods
4643.86
2968.18
3.98
56.45
RMG of all Textiles
4439.44
3406.49
3.80
30.32
Yarn/Fabs./Madeups, Handloom products etc.
3124.41
3365.75
2.68
-7.17
Rice
2696.53
2412.21
2.31
11.79
Plastic and Linoleum
2314.73
2571.20
1.98
-9.97
Total of 10 Major Commodity Groups
94275.35
75343.65
80.74
25.13
Rest
22492.49
20193.27
19.26
11.39
Total Exports
116767.85
95536.92
100.00
22.22
Top 10 major commodity groups covering 80% of total imports in April 2021-June 2022, are –
Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-June 2022
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