Export data and learnings

You are right. Thanks for highlighting it. I have posted the edited one.

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December 2021 update:

Merchandise exports during Dec-21 were Rs. USD 37.81 Billion compared to USD 27.22 Billion in Dec-20 registering a positive growth of 38.9% and positive growth of 39.4% compared to Dec-19.

India’s overall exports(merchandise and services combined) for Dec 21 estimated at USD 57.87 Billion exhibiting positive growth of 25% and 23% over Dec 20 and Dec19 respectively.

Coffee exports continue to remain high with growth of 129% yoy for Dec month.

Rice exports grew by 34 % compared to Dec 20.(second consecutive month of significant growth)

Marine product exports growth of 31% vs Dec 20 and 16% compared to Dec19.

Iron ore exports down by -85% yoy for December.

Ceramic products and glassware exports remain negative.

Pharma exports growth of 8% compared to Dec 20 ( high single digit growth after many months)

Chemicals exports were higher by 31% compared Dec 20.

Engineering goods exports by 42% and 47% compared to Dec 20 and Dec19 respectively.

Exports for Cotton yarn, man made yarn/fabric, RMG of textiles remains strong.

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Jan 2022 update:

Merchandise exports during Jan-22 were USD 34.50 Billion compared to USD 27.54 Billion in Jan-21 registering a positive growth of 25.28%.

India’s overall exports(merchandise and services combined) for Jan-22 estimated at USD 61.41 Billion exhibiting positive growth of 37.76% over Jan-21.

Coffee exports remains strong with more than 100% growth for Jan month and 47% growth for the period April 21 to Jan 22

Rice exports grew by 9% yoy and 12% for 10MFY22.

Marine product exports showed positive growth of 32% vs Jan21 and 34% for 10MFY22.

Iron ore exports down by -56% for Jan,

Ceramic products and glassware exports remain flat for Jan month and positive growth of 17% for 10MFY22.

Pharma exports remained flat with growth of 1%.

Chemicals exports were higher by 28% and 33% for the month and 10mFY22.

Engineering goods exports increased by 26% for the month of Jan and 51% for the period April-Jan22.

Exports for Cotton yarn, man made yarn/fabric, RMG of textiles remains positive.

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Feb 2022 update:

Merchandise exports during Feb-22 were Rs. USD 34.57 Billion compared to USD 27.63 Billion in Feb-21 registering a positive growth of 24.6%.

India’s overall exports(merchandise and services combined) for Feb-22 estimated at USD 57.03 Billion exhibiting positive growth of 25.4% over Feb-21.

Coffee exports continue to grow up by 34% for the month and 46% for period between April21 to Feb22.

Rice exports growth tapered to 4% for the month and 12% for 11MFY22.

Marine product exports showed positive growth of 19% vs Feb 21 and 33% for 11MFY22.

Iron ore exports remains negative down by -55% for Feb and -31% for period between April21-Feb22.

Ceramic products and glassware exports remain flat for last few months even though overall export for 11MFY22 remains positive at 15% growth.

Pharma exports remained flat with growth of 1%.

Chemicals exports were higher by 29% and 34% for the month and 11MFY22.

Exports of Cotton yarn, man made yarn/fabric, RMG of textiles remains positive with more than 20% growth.

Other sectors like engineering and electronic goods have been showing consistent positive growth.

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March 2022 update:

Merchandise exports during March-22 were Rs. USD 42.22 Billion compared to USD 35.26 Billion in March-21 registering a positive growth of 19.76%.

India’s overall exports(merchandise and services combined) for March-22 estimated at USD 64.75 Billion exhibiting positive growth of 15.51% over March-21.

Coffee exports continue to grow by 23% for the month and 43% for the FY22.

Rice exports negative growth of -4% the month (growth was tapered during Feb month).

Marine product exports showed positive growth of 13% vs March 21 and 31% for FY22.

Iron ore exports remained negative down by -51% for March and -34% for FY22.

Ceramic products and glassware exports turned positive(+9%) after 4 months of degrowth.

Pharma exports grew by 9% for March and flat(1%) for the FY.

Chemicals exports were higher by 28% and 33% for the month and FY22 respectively.

Exports of Cotton yarn, man made yarn/fabric, RMG of textiles continue to remain positive with good growth.

Other sectors like engineering goods and electronic goods have been showing consistent positive growth.

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April 2022 update( value in Million USD):

Merchandise exports during April-22 were Rs. USD 40.19 Billion compared to USD 30.75 Billion in April-21 registering a positive growth of 30.70%.

India’s overall exports(merchandise and services combined) for April-22 are estimated at USD 67.79 Billion exhibiting positive growth of 38.90% over April-21.

Coffee exports grew by 59% for the month of April.

Rice exports remained negative for the 2nd consecutive month(-9% during April).

Marine products exports showed positive growth of 15% vs April 21

Iron ore exports fell by -34% for April22 compared to April21.

Ceramic products and glassware exports remained positive for the 2nd month in a row.

Pharma exports grew by 9% for April22.

Chemicals exports were higher by 32% compared to April21.

Exports of Cotton yarn, man made yarn/fabric, RMG of textiles continue to remain positive.

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May 2022 update(in Rs Crs):

Merchandise exports during May-22 were USD 38.94 Billion compared to USD 32.30 Billion in May-21 registering a positive growth of 20.55%.

India’s overall exports(merchandise and services combined) for May-22 are estimated at USD 62.21 Billion exhibiting positive growth of 24.03% over May-21.

Coffee exports grew by 61% for May month.

Rice exports turned positive(+17%) after de-growth in the preceding two months.

Marine products exports continue to show consistent positive growth.

Iron ore exports remained negative, down by more than 60% for the month.

Ceramic products and glassware exports remained positive for the 3rd month in a row.

Pharma exports rose by 16% for the month and 14% for two months of FY23.

Chemicals exports higher by 24% compared to May21 and 29% for two months of FY23

Exports of electronic and engineering goods remain strong.

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Useful resource: https://dashboard.commerce.gov.in/commercedashboard.aspx

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**JUNE 2022 UPDATE (values in Million USD)

Merchandise exports for June-22 were USD 40.13 Billion compared to USD 32.49 Billion in June-21 registering a positive growth of 23.52%.

India’s overall exports(merchandise and services combined) in June-22 are estimated at USD 64.91 Billion exhibiting positive growth of 25.16% over June-21.

Coffee exports continue to remain strong with 26% growth during June.

Rice exports showed 43% growth, second consecutive month of positive growth.

Marine products exports continue to show consistent positive growth.

Iron ore exports had a degrowth of -98%.

Ceramic products and glassware exports remained positive for more than a quarter now.

Pharma exports had tepid growth of 5% for the month of June.

Chemicals exports increased by 9% compared to June 21.

RMG of textiles export rose by 50%.

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Thank you, this data is quite interesting. Does “RMG of all textiles” include home textiles - bedspreads, terry towels, curtains etc.?

Where do you get this data from, btw?

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Hi, above date is available from Press Information Bureau under ministry of commerce and industry.
Above site is quite useful as there will be regular official update on various government policies.
I am not sure if home textiles is covered under same as I am getting different HSN codes for under readymade garments.
Tracking the export data helps us to understand the broad trend of industry in general.
(sorry for the late reply)

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July 22 update(values in Rs.Crs)

Merchandise exports in July-22 were USD 36.27 Billion compared to USD 35.51 Billion in July-21 registering a positive growth of 2.14%.

India’s overall exports(merchandise and services combined) in July-22 are estimated at USD 61.18 Billion exhibiting positive growth of 11.51% over July-22.

Coffee exports remain strong with growth of 40% for July 22 and 49% for the period of April to July-22

Rice exports continued positive growth( 3rd month in a row) up by 40% for July.

Marine products exports grew at 8% for the month and 16% for the period from April-July22.

Iron ore exports had a de-growth of -94%.

Ceramic products and glassware exports growth of 20% during July.

Pharma exports continue to remain in single digit(6%).

Chemicals exports increased by 15% compared to July 21and 22% for the period April-July22.

RMG of textiles grew by 6% for the month while other textile related segments like cotton, yarn remained negative.

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Hi

Can you please share this export import excel sheet. I just want to analyse the historical data

August 2022 update:

India’s overall exports(merchandise and services combined) in August-22 are estimated at USD 57.14 Billion exhibiting positive growth of 6.75% over August-22.

Coffee exports continue to grow at 26% for August and 44% for the period of April to August-22

Rice exports continued positive growth( 4th month in a row) up by 54% for August.

Marine products exports grew at 4% for the month (consecutive month of less than 10% growth)

Iron ore exports had a de-growth of -90%.

Ceramic products and glassware exports growth of 16% for the month and 17% for the period April to August-22.

Pharma export grew at 14% for the month( previous 2 months were <10% growth)

Chemicals exports increased by 22% for the month and April to August-22

RMG of textiles grew by 7% for the month while other textile related segments like cotton, yarn remained negative.

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September 2022 update:

Merchandise exports in Sept-22 were USD 35.45 Billion compared to USD 33.81 Billion in Sept-21 registering a positive growth of 4.82%.

India’s overall exports(merchandise and services combined) in Sept-22 are estimated at USD 61.10 Billion exhibiting positive growth of 10.24% over Sept-21.

Coffee exports grow at 24% for September and 41% for the period of April to Sept-22

Rice exports continued positive growth( 5th month in a row) up by 11% for Sept-22 and 26% for 6months.

Marine products exports grew at 16% for the month.

Iron ore exports continue to decline -96% for sept -22 and down by -70% for 6 months of FY.

Ceramic products and glassware exports decline by -4% for the month.

Pharma exports grew at 16% for September month.

Chemicals exports increased by 12% for the month and 21% April to Sept-22

RMG of textiles, cotton, and yarn exports remained negative.

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October 2022 update:

Merchandise exports in Oct-22 were USD 29.78 Billion compared to USD 35.73 Billion in Oct-21 degrowth of 5.95 Billion USD.

India’s overall exports(merchandise and services combined) in Oct-22 are estimated at USD 58.36 Billion exhibiting positive growth of 4.03% over Oct-21.

Coffee exports grow at 3% for October month and 35% for the period of April to Oct-22

Rice exports continued positive growth( 2 quarters of continuous growth) up by 12% for Oct-22.

Marine products exports de-grew by -2% for the month.

Iron ore exports continue to decline -89% for Oct-22 and -71% from April to Oct 22.

Ceramic products and glassware exports decline by -1% for the month.

Pharma exports remained flat for October month.

Chemicals exports reduced by -8% for the month.

RMG of textiles, cotton, and yarn exports remained negative.

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November 2022 update:

(absolute numbers for commodities/sector is not released by Govt)

India’s overall exports(merchandise and services combined) in Nov-22 are estimated at USD 58.22 Billion exhibiting positive growth of 10.97% over Nov-21.

Merchandise exports in Nov-22 were USD 31.99 Billion compared to USD 31.80 Billion in Nov-21.

Overall imports in Nov-22 is estimated at USD 69.33 Billon,exhibiting a positive growth of 5.60% over the same period of last year.

Merchandise exports exhibited a positive growth in 15 out of 30 sectors in November compared to Nov-21 and imports have increased in 19 out of 30 sectors for the same period.

Commodities with positive growth and % for the month of Nov-22:

Electronic good: 54.48%

Gems and jewellery: 4.61%

RMG of textiles: 11.70%

Drugs and pharmaceuticals: 8.66%

Rice: 19.16%

Leather and leather products: 8.68%

Ceramic products and glassware: 22.64%

Fruits and vegetables: 25.01%

Cereal preparations & miscellaneous processed: 22.75%

Other cereals: 53.78%

Oil seeds:33.83%

Oil meals:17.55%

Tobacco: 101.02%

Tea: 27.03%

Coffee: 3.21%
More details on export/import can be found in below link:
https://pib.gov.in/PressReleseDetail.aspx?PRID=1883953

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December 2022 update:

India’s overall exports(merchandise and services combined) in Dec-22 are estimated at USD 61.82 Billion exhibiting negative growth of -5.26% over Dec-21.

Merchandise exports in Dec-22 were USD 34.48 Billion compared to USD 39.27 Billion in Dec 21.

Overall imports in Dec-22 is estimated at USD 73.80 Billon, exhibiting a negative growth of -1.95%% over the same period of last year.

Merchandise exports exhibited a positive growth in 11 out of 30 sectors in Dec-22 compared to Dec-21 and imports have increased in 17 out of 30 sectors for the same period.

Commodities with positive growth and % for the month of Dec-22:

Iron ore : 185.76%( after many quarters iron ore exports have shown positive growth)

Oil meals: 53%

Electronic good: 36.96%

Other cereals: 16.87%

Tea :15.97%

Rice : 13.3%

Tobacco :13.7%

Ceramic products & glassware:11.67%

Fruits and vegetables:8.03%

Cereal preparation and miscellaneous:4.9%

RMG of textiles:1.02%

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1891626

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January 2023 update:

India’s overall exports(merchandise and services combined) in Jan 2023 are estimated at USD 65.15 Billion exhibiting positive growth of 14.58% over Jan-2022.

Merchandise exports in Jan-23 were USD 32.91 Billion compared to USD 52.57 Billion in Jan-22.

Overall imports in Jan-23 is estimated at USD 66.42 Billon, exhibiting a positive growth of 0.94% over the same period of last year.

Under merchandise exports, 14 out of 30 sectors exhibited positive growth in Jan -23 as compared to Jan-22.

Commodities with positive growth and % for the month of Jan-23:

Electronic goods:55.54%

Oil meals:48.89%

Oil seeds: 23.81%

Iron ore: 21%

Rice : 18.8%

Fruits and vegetables: 14.57%

Cashew: 10.34%

Tobacco: 9.41%

Ceramic products & glassware:8.25%

Petroleum products: 8.01%

Marine products: 6.61%

Other cereals: 3.92%

Spices: 3.79%

Tea: 3.76%

https://pib.gov.in/PressReleseDetail.aspx?PRID=1899511

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It is perhaps worth mentioning the scale of this. This is rs 2,70,000 cr of merchandise exports

Here we can see jan-20 exports at 1,84,000 cr. This is a cagr growth of 13.6% and includes 2 years of covid in between. This is nothing short of remarkable. Merchandise Exports will really start to contribute to GDP in 5-10 years of it can keep growing at 14% cagr.

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