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India’s merchandise export increases 42.33% in October 2021

India’s merchandise exports stood at $35.47 billion in October 2021, a growth of 42.33 per cent from $24.92 billion in October 2020 and 35.21 per cent from $26.23 billion in October 2019.

Led by engineering goods, petroleum products and gems and jewellery, India’s merchandise exports grew for the eleventh consecutive month in October and grew 42.33 per cent year-on-year to $35.47 billion. Official data released on Monday showed imports rose 62.48 per cent.

Non-petroleum exports increased by 29.63% in October

The value of non-petroleum exports in October 2021 stood at $30.27 billion, registering a positive growth of 29.63 per cent over non-petroleum exports of $23.35 billion in October 2020 and positive growth of 32.84 per cent over non-petroleum exports of $22.79 billion in October 2019.

Non-petroleum exports increased by 45.59% in April-October

The cumulative value of non-petroleum exports stood at $199.41 billion in April-October 2021, a growth of 45.59 per cent from $136.96 billion in April-October 2020 and 24.09 per cent over $160.7 billion in April-October 2019.

Non-petroleum, non-gems & jewellery exports increased by 40.33% in April-October

The value of non-petroleum and non-gems and jewellery exports in October 2021 stood at $26.05 billion, registering a positive growth of 27.54 per cent over non-petroleum and non-gems and jewellery exports of $20.43 billion in October 2020 and registers positive growth of 36.59 per cent over non-petroleum and non-gems and jewellery exports of $19.07 billion in October 2019.

The cumulative value of non-petroleum and non-gems and jewellery exports in April-October 2021 stood at $175.89 billion, an increase of 40.33 per cent over the cumulative value of non-petroleum and non-gems and jewellery exports of $125.35 billion in April-October 2020 and an increase of 27.72 per cent over the cumulative value of non-petroleum and non-gems and jewellery exports of $137.72 billion in April-October 2019.

Top Major Exports Commodity Groups

  1. Petroleum, Crude & products – $14.43 billion
  2. Electronic goods – $6.81 billion
  3. Gold – $5.10 billion
  4. Machinery, electrical & non-electrical – $3.54 billion
  5. Coal, Coke & Briquettes, etc. – $3.31 billion
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