PIB | 14 Sep, 2022
India’s overall exports (Merchandise and Services combined)
in August 2022* are estimated to be USD 57.47 Billion, exhibiting a positive
growth of 6.75 per cent over the same period last year. Overall imports in
August 2022* are estimated to be USD 75.84 Billion, exhibiting a positive
growth of 33.15 per cent over the same period last year.
overall exports (Merchandise and Services combined) in
April-August 2022* are estimated to be USD 311.82 Billion, exhibiting a
positive growth of 19.72 per cent over the same period last year. Overall
imports in April-August 2022* are estimated to be USD 390.91 Billion,
exhibiting a positive growth of 43.78 per cent over the same period last year.
Merchandise exports in August 2022 were USD 33.92 Billion,
as compared to USD 33.38 Billion in August 2021, exhibiting a positive growth
of 1.62 per cent.
Merchandise imports in August 2022 were USD 61.90 Billion,
which is an increase of 37.28 per cent over imports of USD 45.09 Billion in
August 2021.
The merchandise trade deficit in August 2022 was estimated
at USD 27.98 Billion as against USD 11.71 Billion in August 2021, which is an
increase of 138.88 per cent.
Merchandise exports for the period April-August 2022 were
USD 193.51 Billion as against USD 164.44 Billion during the period April-August
2021, registering a positive growth of 17.68 per cent.
Merchandise imports for the period April-August 2022 were
USD 318.03 Billion as against USD 218.22 Billion during the period April-August
2021, registering a positive growth of 45.74 per cent.
The merchandise trade deficit for April-August 2022 was
estimated at USD 124.52 Billion as against USD 53.78 Billion in April-August
2021, which is an increase of 131.52 per cent.
Non-petroleum and non-gems & jewellery exports in August
2022 were USD 24.88 Billion, registering a negative growth of (-) 1.64 per cent
over non-petroleum and non-gems & jewellery exports of USD 25.29 Billion in
August 2021.
Non-petroleum,
non-gems & jewellery (gold, silver & precious metals) imports were USD
37.53 Billion in August 2022 with a positive growth of 40.63 per cent over
Non-petroleum, non-gems & jewellery imports of USD 26.69 Billion in August
2021.
Non-petroleum and non-gems & jewellery exports during
April-August 2022 was USD 135.57 Billion, an increase of 8.47 per cent over
non-petroleum and non-gems & jewellery exports of USD 124.99 Billion in
April-August 2021.
Non-petroleum, non-gems & jewellery (gold, silver &
precious metals) imports were USD 185.05 Billion in April-August 2022,
recording a positive growth of 37.64 per cent, as compared to Non-petroleum,
non-gems & jewellery imports of USD 134.44 Billion in April-August 2021.
The estimated
value of services export for August 2022* is USD 23.54 Billion, exhibiting a
positive growth of 15.12 per cent vis-a-vis August 2021 (USD 20.45 Billion).
The estimated
value of services import for August 2022* is USD 13.94 Billion exhibiting a
positive growth of 17.47 per cent vis-à-vis August 2021 (USD 11.87 Billion).
The services trade
balance in August 2022* is estimated at USD 9.60 Billion, which is an increase
of 11.86 per cent over August 2021 (USD 8.59 Billion).
The estimated
value of services export for April-August 2022* is USD 118.30 Billion,
exhibiting a positive growth of 23.20 per cent vis-a-vis April-August 2021 (USD
96.03 Billion).
The estimated
value of services imports for April-August 2022* is USD 72.88 Billion
exhibiting a positive growth of 35.81 per cent vis-à-vis April-August 2021 (USD
53.67 Billion).
The services
trade balance for April-August 2022* is estimated at USD 45.42 Billion as
against USD 42.36 Billion in April-August 2021, which is an increase of 7.22
per cent.