Free Search of Import Export Data India

by Export Import Data Solutions Indian Import Data

With the advent of the coronavirus, every country had plunging effects on their trade activities. According to India’s Foreign Trade of 2021, the Import Export Data exhibited that the overall exports had a negative growth of around -6.66% to be USD 493.19 billion. The overall Export Import Data that India makes in its foreign trade include both merchandise and services. From the estimation calculated in April-March of 2020–21, the overall imports also exhibited a negative growth of -16.53% to be USD 505.94 billion.

The merchandise Custom Data also revealed that exports made in March 2021 were around USD 34.45 billion when compared with March 2020 that was USD 21.49 billion. Imports in merchandise in March 2021 were USD 48.38 billion that showed an increase of 53.74% when compared to 2020. As per the latest estimation made on Import Export Data in services, exports in 2021 was USD 17.55 billion and showed a negative percentage of -1.02 than the year 2020. Imports on the other hand in 2021 stated a value of around USD 10.61 billion showing -4.10% negative growths than 2020.

Import Export Data showed that in the area of merchandise during the period of April-March of 2020–21, India had made exports of around USD 290.63 billion that is -7.26%. The Imports were USD 389.18 billion which had -18.02% growths. Thus a Trade Data deficit of around USD 98.56 billion could be estimated. On the other hand, the services area during the period of April-March of 2020–21 made -5.78% growth with USD 202.57 billion in exports, -11.16% in imports with USD 116.75 billion. Here the net of services that could be estimated was only USD 85.81 billion.

The overall trade of Indian Foreign Trade is calculated by summing up the estimated values of Merchandise and Services made by the country. As per the recent estimate made of April-March 2020–21, India Export Import Data stated that both Exports and Imports Data were having negative growth. The trade deficit which could be calculated from the overall trade was USD 12.74 billion.

Commodities that had some positive growth during this period in merchandise Import Export Data include cereals, oil meals, iron ore, electronic goods, jute, engineering goods, gems & jewelry, processed items, spices, cotton, ceramic products, rice, petroleum products, marine products, and many more. Other major commodity groups that showed negative growth in imports made in March 2021 were silver with -89.66%, transport equipment with -32.71%, pulses with -13.89%, project goods with -32.58%, and fertilizers with -5.61%.