India’s overall exports in August 2021 estimated at $52.20 Bn

Overall imports in August 2021 have been estimated to be $58.57 billion

Image Credit: Shutterstock

Image Credit: Shutterstock

India’s overall exports (Merchandise and Services combined) in August 2021 are estimated to be $52.20 billion, exhibiting a positive growth of 33.99 per cent over the same period last year and a positive growth of 19.89 per cent over August 2019. Overall imports in August 2021 are estimated to be $58.57 billion, exhibiting a positive growth of 45.38 per cent over the same period last year and a positive growth of 16.00 per cent over August 2019.

 

India’s overall exports (Merchandise and Services combined) in April-August 2021 are estimated to be $256.17 billion, exhibiting a positive growth of 44.04 per cent over the same period last year and a positive growth of 15.79 per cent over April-August 2019. Overall imports in April-August 2021 are estimated to be $273.45 billion, exhibiting a positive growth of 64.18 per cent over the same period last year and a positive growth of 3.38 per cent over April-August 2019.

 

Exports in August 2021 were $33.28 billion, as compared to $22.83 billion in August 2020, exhibiting a positive growth of 45.76 per cent. In Rupee terms, exports were Rs 2,46,863.37 crore in August 2021, as compared to Rs 1,70,470.61 crore in August 2020, registering a positive growth of 44.81 per cent. As compared to August 2019, exports in August 2021 exhibited a positive growth of 28.03 per cent in dollar terms and 33.50 per cent in rupee terms. 

 

The commodities/commodity groups which have recorded positive growth during August 2021 vis-à-vis August 2020 are Coffee (42.31 per cent) organic and inorganic chemicals (35.94 per cent) Cashew (12.58 per cent) Cereal preparations and miscellaneous processed items (12.19 per cent), fruits and vegetables (10.13 per cent), tea (8.55 per cent) Rice (6.78%) and spices (0.23 per cent).

 

The commodities/commodity groups which have recorded negative growth during August 2021 vis-à-vis August 2020 are oil meals (-45.75 per cent), meat, dairy and poultry products (-15.39 per cent), oilseeds (-5.78 per cent), other cereals (-2.56 per cent) and tobacco (-2.55 per cent).

 

The cumulative value of exports for the period April-August 2021 was $ 164.10 billion (Rs 12,14,442.50 crore) as against $98.06 billion (Rs 7,38,849.55 crore) during the period April-August 2020, registering a positive growth of 67.33 per cent in dollar terms (positive growth of 64.37 per cent in rupee terms). As compared to April-August 2019, exports in April-August 2021 exhibited a positive growth of 23.25 per cent in dollar terms and 30.83 per cent in rupee terms.

 

Imports in August 2021 were $47.09 billion (Rs 3,49,301.90 crore), which is an increase of 51.72 per cent in dollar terms and 50.73 per cent in rupee terms over imports of $31.03 billion (Rs 2,31,736.82 crore) in August 2020. Imports in August 2021 have registered a positive growth of 18.15 per cent in dollar terms and 23.20 per cent in rupee terms in comparison to August 2019. The cumulative value of imports for the period April-August 2021 was $219.63 billion (Rs 16,26,077.93 crore), as against $121.42 Billion (Rs 9,14,778.03 crore) during the period April-August 2020, registering a positive growth of 80.89 per cent in dollar terms and a positive growth of 77.76 per cent in rupee terms. Imports in April-August 2021 have registered a positive growth of 4.39 per cent in dollar terms and positive growth of 10.87 per cent in rupee terms in comparison to April-August 2019.

 

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