New Delhi: India’s merchandise exports in May 2021 was USD 32.21 billion, showing an increase of 67.39% over May 2020 and an increase of 7.93% over May 2019, according to preliminary data released today by Ministry of Commerce and Industry.
The country’s merchandise imports in May 2021 was USD 38.53 billion, an increase of 68.54% over May 2020 and a decline of 17.47% over May 2019.
While value of non-petroleum and non-gems and jewellery exports in May 2021 was USD 23.97 billion, a positive growth of 45.96% over May 2020 and a positive growth of 11.51% over May 2019, non-oil, non-GJ imports was USD 26.14 billion in May 2021, a positive growth of 41.32% over May 2020 and a negative growth of 4.08% over May 2019.
Top 5 commodity groups of export which have recorded positive growth during May 2021 vis-à-vis May 2020 are: Other Cereals, Jute manufacturing including Floor Covering, Petroleum Products, Handicrafts excl. Handmade Carpet, and Gems and Jewellery (179.16%).
Top 5 commodity groups of export which have recorded positive growth during May 2021 vis-à-vis May 2019 are: Other Cereals, Iron Ore, Cereal Preparations And Miscellaneous Processed Item, Cotton yarn/fabs./madeups, handloom products etc, and Jute mfg. Including floor covering.
Top 5 commodity groups of import which have shown a fall in May 2021 vis-à-vis May 2020 are: Silver, Newsprint, Pulses, Transport equipment, and Iron & Steel.
Top 5 commodity groups of import which have shown a fall in May 2021 vis-à-vis May 2019 which are: Silver, Gold, Newsprint, Transport equipment, and Pulses.
– global bihari bureau