India's exports increased to $30.2 billion in April

In April 2021, India's merchandise exports totaled $30.21 billion, up from $10.17 billion in April 2020 by 197.03 percent.

 
According to an official statement, exports increased by 16.03 percent last month above $26.04 billion in April 2019.
 
In April 2021, India's merchandise imports totaled $45.45 billion, up 165.99 percent from $17.09 billion in April 2020 and 7.22 percent more than $42.39 billion in April 2019.
 
The April 2021 trade deficit was $15.24 billion, an increase of 120.34 percent over the April 2020 trade deficit of $6.92 billion.
 
Non-petroleum exports were valued at $26.85 billion in April 2021, representing a 200.62 percent increase over $8.93 billion in April 2020 and a 19.44 percent increase over $22.48 billion in April 2019.
 
Non-petroleum and non-gems and jewellery exports totaled $23.51 billion in April 2021, representing a 164.28% increase over $8.90 billion in April 2020.
 
Oil imports were $10.8 billion in April, up 132.26 percent from $4.65 billion in April 2020. Non-oil imports were predicted at $34.65 billion in April, a 178.6 percent rise from $12.44 billion in April 2020 and a 12.42 percent rise from $30.82 billion in April 2019.
 
Iron ore, other cereals, oil meals, rice, cereal preparations, electronic products, medications, and medicines were among the major commodity groupings exhibiting increase in April 2021 over April 2019.
 
President of the Federation of Indian Export Organizations(FIEO), Sharad Kumar Saraf said, “The significant rise confirms our opinion that our exporters' order booking position is extraordinarily solid and, with progressive improvement in the country's condition, would propel exports growth even further,”. He stated that growth of more than 15% on the basis of April 2019 is a stronger indicator and represents a solid double-digit trend.

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