New Delhi [India], January 3 (ANI): India’s merchandise export surged to USD 37.29 billion in December 2021, the highest ever monthly achievement, government data showed on Monday.
The December 2021 export figure is 37 percent higher than USD 27.22 billion recorded in December 2020.
Cumulative export for April-December 2021 period rose to USD 299.74 billion, which is 48.85 percent higher than USD 201.37 billion recorded in the corresponding period of the previous year, according to data released by the Ministry of Commerce and Industry.
India’s merchandise import in December 2021 rose to USD 59.27 billion, an increase of 38.06 percent over $42.93 billion in December 2020. During April-December 2021 period the total import rose to USD 443.71 billion, an increase of 69.27 percent over USD 262.13 billion recorded in the corresponding period of 2020.
The trade deficit in December 2021 was $21.99 billion, while it was $143.97 billion during April-December 2021.
The value of non-petroleum exports in December 2021 was $31.67 billion, registering a growth of 27.31 percent over non-petroleum exports of $24.88 billion in December 2020 and positive growth of 34.92 percent over non-petroleum exports of $23.48 billion in December 2019.
The value of non-petroleum imports was $43.37 billion in December 2021 with a positive growth of 30.22 percent over non-petroleum imports of $33.31 billion in December 2020 and a positive growth of 50.20 percent over non-petroleum imports of $28.88 billion in December 2019. The cumulative value of non-petroleum exports during April-December 2021 was $257.14 billion, an increase of 39.82 percent over $183.91 billion in April-December 2020 and an increase of 24.74 percent over $206.13 billion in April-December 2019.
The cumulative value of non-petroleum imports in April-December 2021 was $325.73 billion, showing an increase of 56.41 percent compared to non-oil imports of $208.25 billion in April-December 2020 and an increase of 21.78 percent compared to non-oil imports of $267.47 billion in April-December 2019.
The value of non-petroleum and non-gems and jewelry exports in December 2021 was $28.69 billion, registering a positive growth of 28.64 percent over non-petroleum and non-gems and jewelry exports of $22.30 billion in December 2020.
The value of non-oil, non-GJ (gold, silver & Precious metals) imports was $35.57 billion in December 2021 with a positive growth of 34.68 per cent over non-oil and non-GJ imports of $26.41 billion in December 2020. (ANI)
