India’s total exports (Merchandise and Services combined) for May 2024* is estimated at USD 68.29 Billion, registering a positive growth of 10.25 percent vis-à-vis May 2023.Total imports (Merchandise and Services combined) for May 2024* is estimated at USD 79.20 Billion, registering a positive growth of 7.95 percent vis-à-vis May 2023.
Table 1: Trade during May 2024*
|
|
May 2024 (USD Billion) |
May 2023 (USD Billion) |
Merchandise |
Exports |
38.13 |
34.95 |
Imports |
61.91 |
57.48 |
|
Services* |
Exports |
30.16 |
26.99 |
Imports |
17.28 |
15.88 |
|
Total Trade (Merchandise +Services) * |
Exports |
68.29 |
61.95 |
Imports |
79.20 |
73.36 |
|
Trade Balance |
-10.90 |
-11.41 |
* Note: The latest data for services sector released by RBI is for April2024. The data for May 2024 is an estimation, which will be revised based on RBI’s subsequent release.
Fig 1: Total Trade during May 2024*
India’s total exports during April-May2024* is estimated at USD 133.61 Billion registering a positive growth of 9.21 percent. Total imports during April-May 2024* is estimated at USD 149.92 Billion registering a growth of 9.93 percent.
Table 2: Trade during April-May 2024*
|
|
April-May 2024 (USD Billion) |
April-May 2023 (USD Billion) |
Merchandise |
Exports |
73.12 |
69.57 |
Imports |
116.01 |
106.54 |
|
Services* |
Exports |
60.49 |
52.77 |
Imports |
33.91 |
29.84 |
|
Total Trade (Merchandise +Services) * |
Exports |
133.61 |
122.35 |
Imports |
149.92 |
136.38 |
|
Trade Balance |
-16.31 |
-14.03 |
Fig 2: Total Trade during April-May 2024*
MERCHANDISE TRADE
- Merchandise exports during May 2024 were USD 38.13 Billion as compared to USD 34.95 Billion in May 2023.
- Merchandise imports during May 2024 were USD 61.91 Billion as compared to USD 57.48 Billion in May 2023.
Fig 3: Merchandise Trade during May 2024
- Merchandise exports during April-May 2024 were USD 73.12 Billion as compared to USD 69.57Billion during April-May 2023.
- Merchandise imports during April-May 2024 were USD 116.01 Billion compared to USD 106.54 Billion during April-May 2023.
- Merchandise trade deficit during April-May 2024 was USD 42.89 Billion compared to USD 36.97 Billion during April-May 2023.
Fig4: Merchandise Trade during April-May 2024
- Non-petroleum and non-gems & jewellery exports in May 2024 were USD 28.60Billion compared to USD 26.27Billion in May 2023.
- Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in May 2024 were USD 36.59Billion compared to USD 36.31Billion in May 2023.
Table 3: Trade excluding Petroleum and Gems &Jewellery during May 2024
|
May 2024(USD Billion) |
May 2023 (USD Billion) |
Non- petroleum exports |
31.36 |
29.10 |
Non- petroleum imports |
41.97 |
41.91 |
Non-petroleum &Non-Gems & Jewellery exports |
28.60 |
26.27 |
Non-petroleum &Non-Gems & Jewellery imports |
36.59 |
36.31 |
Note: Gems &Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 5: Trade excluding Petroleum and Gems &Jewellery during May 2024
- Non-petroleum and non-gems & jewellery exports in April-May 2024 were USD 54.71 Billion, compared to USD 52.05 Billion in April-May 2023.
- Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-May 2024 were USD 69.31 Billion, compared to USD 68.44 Billion in April-May 2023.
Table 4: Trade excluding Petroleum and Gems &Jewellery during April-May 2024
|
April-May 2024(USD Billion) |
April-May 2023 (USD Billion) |
Non- petroleum exports |
59.73 |
57.30 |
Non- petroleum imports |
79.60 |
77.27 |
Non-petroleum &Non Gems & Jewellery exports |
54.71 |
52.05 |
Non-petroleum &Non Gems & Jewellery imports |
69.31 |
68.44 |
Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones
Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-May 2024
SERVICES TRADE
- The estimated value of services export for May 2024* is USD 30.16 Billion as compared to USD 26.99Billion in May 2023.
- The estimated value of services imports for May 2024* is USD 17.28 Billion as compared to USD 15.88Billion in May 2023.
Fig 7: Services Trade during May 2024*
- The estimated value of service exports during April-May 2024* is USD 60.49 Billion as compared to USD 52.77 Billion in April-May 2023.
- The estimated value of service imports during April-May 2024* is USD 33.91 Billion as compared to USD 29.84 Billion in April-May 2023.
- The services trade surplus for April-May 2024* is USD 26.58 Billion as compared to USD 22.94 Billion in April-May 2023.
Fig 8: Services Trade during April-May 2024*
Exports of Coffee (64.23%), Tobacco (58.38%), Electronic Goods (22.97%), Meat, dairy & poultry products (22.95%), Fruits & Vegetables (20.75%), Handicrafts excl. handmade carpet (20.63%), Tea (19.57%), Carpet (17.55%), Plastic & Linoleum (16.6%), Petroleum Products (15.75%), Cereal preparations & miscellaneous processed items (14.31%), Drugs & Pharmaceuticals (10.45%), RMG of all Textiles (9.84%), Cotton Yarn/Fabs./made-ups, Handloom Products etc. (9.75%), Engineering Goods (7.39%), Oil seeds (5.75%), Man-made Yarn/Fabs./made-ups etc. (4.65%), Organic & Inorganic Chemicals (3.21%), Rice (2.76%) and Mica, Coal & Other Ores, Minerals including processed minerals (1.08%) record positive growth during May 2024 over the corresponding month of last year.
Imports of Project goods (-44.31%), Coal, Coke & Briquettes, etc.(-26.55%),Cotton Raw & Waste(-24.46%),Sulphur & Unroasted Iron Pyrts(-20.92%), Fertilisers, Crude & manufactured(-20.42%), Leather & leather products(-20.05%), Chemical material & products (-9.81%), Gold (-9.76%), Wood & Wood products(-7.2%),Iron & Steel (-6.65%),Dyeing/tanning/colouring mtrls.(-5.1%),Newsprint(-4.49%), Textile yarn Fabric, made-up articles(-1.15%) and Organic & Inorganic Chemicals(-0.49%) record negative growth during May 2024 over the corresponding month of last year.
Services exports is estimated to grow by 14.63percent during April-May 2024* over April-May 2023.
Top 5 export destinations, in terms of change in value, exhibiting positive growth in May 2024 vis a vis May 2023 are U S A (13.06%), Netherland (43.92%), U Arab Emts (19.43%), Malaysia (86.95%) and U K (33.54%).
Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-May 2024 vis a vis April-May 2023 are U S A (12.66%), Netherland (40.87%), U Arab Emts (16.16%), Singapore (36.65%) and Malaysia (64.03%).
Top 5 import sources, in terms of change in value, exhibiting growth in May 2024 vis a vis May 2023 are U Arab Emts (49.93%), Iraq (58.68%), Russia (18.02%), Angola (1274.95%) and Indonesia (23.36%).
Top 5 import sources, in terms of change in value, exhibiting growth in April-May 2024 vis a vis April-May2023 are Russia (19.89%), U Arab Emts (28.83%), Iraq (34.12%), Switzerland (26.43%) and Angola (256.01%).
QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2024
TRADE: EXPORT
Sl. No. |
Commodities |
Values in Million USD |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
Tea |
54.07 |
101.82 |
64.66 |
124.70 |
19.57 |
22.47 |
2 |
Coffee |
112.97 |
231.44 |
185.54 |
322.80 |
64.23 |
39.48 |
3 |
Rice |
977.28 |
1977.53 |
1004.29 |
1956.36 |
2.76 |
-1.07 |
4 |
Other cereals |
104.45 |
167.98 |
19.37 |
41.58 |
-81.45 |
-75.25 |
5 |
Tobacco |
91.27 |
196.12 |
144.56 |
263.26 |
58.38 |
34.24 |
6 |
Spices |
453.07 |
814.37 |
361.17 |
766.79 |
-20.28 |
-5.84 |
7 |
Cashew |
28.17 |
55.25 |
20.91 |
43.23 |
-25.79 |
-21.75 |
8 |
Oil Meals |
150.98 |
349.47 |
113.00 |
246.22 |
-25.16 |
-29.54 |
9 |
Oil seeds |
103.85 |
239.99 |
109.82 |
222.54 |
5.75 |
-7.27 |
10 |
Fruits & Vegetables |
245.10 |
558.37 |
295.97 |
589.12 |
20.75 |
5.51 |
11 |
Cereal preparations & miscellaneous processed items |
230.77 |
464.74 |
263.79 |
509.45 |
14.31 |
9.62 |
12 |
Marine Products |
599.27 |
1166.89 |
575.84 |
1070.03 |
-3.91 |
-8.30 |
13 |
Meat, dairy & poultry products |
307.75 |
647.93 |
378.37 |
699.81 |
22.95 |
8.01 |
14 |
Iron Ore |
288.90 |
643.75 |
268.76 |
414.63 |
-6.97 |
-35.59 |
15 |
Mica, Coal & Other Ores, Minerals including processed minerals |
382.48 |
773.46 |
386.60 |
727.79 |
1.08 |
-5.90 |
16 |
Leather & leather products |
369.18 |
695.97 |
361.31 |
664.62 |
-2.13 |
-4.51 |
17 |
Ceramic products & glassware |
373.07 |
736.78 |
360.19 |
700.17 |
-3.45 |
-4.97 |
18 |
Gems &Jewellery |
2823.14 |
5248.45 |
2759.94 |
5017.83 |
-2.24 |
-4.39 |
19 |
Drugs & Pharmaceuticals |
2084.06 |
4346.03 |
2301.88 |
4730.66 |
10.45 |
8.85 |
20 |
Organic & Inorganic Chemicals |
2237.01 |
4375.35 |
2308.75 |
4805.17 |
3.21 |
9.82 |
21 |
Engineering Goods |
9300.75 |
18250.12 |
9988.43 |
18653.96 |
7.39 |
2.21 |
22 |
Electronic Goods |
2414.22 |
4521.83 |
2968.66 |
5619.97 |
22.97 |
24.29 |
23 |
Cotton Yarn/Fabs./made-ups, Handloom Products etc. |
919.88 |
1807.70 |
1009.61 |
1956.46 |
9.75 |
8.23 |
24 |
Man-made Yarn/Fabs./made-ups etc. |
395.43 |
788.36 |
413.82 |
782.17 |
4.65 |
-0.79 |
25 |
RMG of all Textiles |
1235.81 |
2446.66 |
1357.40 |
2555.79 |
9.84 |
4.46 |
26 |
Jute Mfg. including Floor Covering |
30.38 |
63.79 |
28.79 |
55.91 |
-5.21 |
-12.36 |
27 |
Carpet |
111.23 |
216.40 |
130.75 |
241.84 |
17.55 |
11.76 |
28 |
Handicrafts excl. handmade carpet |
123.37 |
245.46 |
148.82 |
273.82 |
20.63 |
11.55 |
29 |
Petroleum Products |
5854.37 |
12274.93 |
6776.29 |
13390.59 |
15.75 |
9.09 |
30 |
Plastic & Linoleum |
650.79 |
1297.65 |
758.81 |
1424.76 |
16.60 |
9.79 |
Sub-Total |
33053.08 |
65704.59 |
35866.10 |
68872.03 |
8.51 |
4.82 |
|
|
GRAND TOTAL |
34952.48 |
69570.93 |
38132.48 |
73116.68 |
9.10 |
5.10 |
Note 1: Exports include Re-Exports.
Note 2: The figures for MAY’24 are provisional.
Note 3: Grand total is inclusive of component ‘Other
QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2024
TRADE: EXPORT
Sl. No. |
Commodities |
Values in Rs Crore |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
Tea |
445.25 |
836.89 |
539.19 |
1040.01 |
21.10 |
24.27 |
2 |
Coffee |
930.24 |
1901.90 |
1547.24 |
2692.12 |
66.33 |
41.55 |
3 |
Rice |
8047.28 |
16251.37 |
8375.09 |
16315.86 |
4.07 |
0.40 |
4 |
Other cereals |
860.11 |
1381.16 |
161.57 |
346.74 |
-81.21 |
-74.89 |
5 |
Tobacco |
751.53 |
1611.53 |
1205.49 |
2195.58 |
60.40 |
36.24 |
6 |
Spices |
3730.72 |
6694.10 |
3011.91 |
6395.04 |
-19.27 |
-4.47 |
7 |
Cashew |
232.00 |
454.08 |
174.37 |
360.57 |
-24.84 |
-20.59 |
8 |
Oil Meals |
1243.20 |
2871.27 |
942.30 |
2053.48 |
-24.20 |
-28.48 |
9 |
Oil seeds |
855.11 |
1971.80 |
915.79 |
1855.98 |
7.10 |
-5.87 |
10 |
Fruits & Vegetables |
2018.26 |
4587.71 |
2468.14 |
4913.20 |
22.29 |
7.09 |
11 |
Cereal preparations & miscellaneous processed items |
1900.26 |
3819.29 |
2199.82 |
4248.76 |
15.76 |
11.24 |
12 |
Marine Products |
4934.62 |
9590.24 |
4802.14 |
8923.96 |
-2.68 |
-6.95 |
13 |
Meat, dairy & poultry products |
2534.13 |
5324.32 |
3155.34 |
5836.33 |
24.51 |
9.62 |
14 |
Iron Ore |
2378.90 |
5289.43 |
2241.24 |
3457.93 |
-5.79 |
-34.63 |
15 |
Mica, Coal & Other Ores, Minerals including processed minerals |
3149.48 |
6356.28 |
3224.00 |
6069.73 |
2.37 |
-4.51 |
16 |
Leather & leather products |
3039.94 |
5720.31 |
3013.07 |
5542.82 |
-0.88 |
-3.10 |
17 |
Ceramic products & glassware |
3071.95 |
6055.14 |
3003.69 |
5839.36 |
-2.22 |
-3.56 |
18 |
Gems &Jewellery |
23246.67 |
43139.29 |
23015.97 |
41848.08 |
-0.99 |
-2.99 |
19 |
Drugs & Pharmaceuticals |
17160.82 |
35713.69 |
19196.08 |
39453.54 |
11.86 |
10.47 |
20 |
Organic & Inorganic Chemicals |
18420.26 |
35959.11 |
19253.38 |
40074.95 |
4.52 |
11.45 |
21 |
Engineering Goods |
76585.46 |
149988.87 |
83296.39 |
155572.11 |
8.76 |
3.72 |
22 |
Electronic Goods |
19879.48 |
37166.23 |
24756.49 |
46870.06 |
24.53 |
26.11 |
23 |
Cotton Yarn/Fabs./made-ups, Handloom Products etc. |
7574.63 |
14856.58 |
8419.45 |
16316.75 |
11.15 |
9.83 |
24 |
Man-made Yarn/Fabs./made-ups etc. |
3256.08 |
6478.96 |
3450.98 |
6523.21 |
5.99 |
0.68 |
25 |
RMG of all Textiles |
10176.08 |
20107.55 |
11319.73 |
21315.07 |
11.24 |
6.01 |
26 |
Jute Mfg. including Floor Covering |
250.12 |
524.21 |
240.12 |
466.25 |
-4.00 |
-11.06 |
27 |
Carpet |
915.91 |
1778.54 |
1090.33 |
2016.96 |
19.04 |
13.41 |
28 |
Handicrafts excl. handmade carpet |
1015.87 |
2017.24 |
1241.04 |
2283.61 |
22.17 |
13.20 |
29 |
Petroleum Products |
48206.79 |
100868.75 |
56509.45 |
111676.65 |
17.22 |
10.71 |
30 |
Plastic & Linoleum |
5358.82 |
10664.45 |
6327.96 |
11882.33 |
18.08 |
11.42 |
Sub-Total |
272170.00 |
539980.30 |
299097.77 |
574387.07 |
9.89 |
6.37 |
|
|
GRAND TOTAL |
287810.22 |
571753.51 |
317997.81 |
609787.03 |
10.49 |
6.65 |
Note 1: Grand total is inclusive of component ‘Other’.
Note 2: The figures for MAY’24 are provisional.
QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2024
TRADE: IMPORT
Sl. No. |
Commodities |
Values in Million USD |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
Cotton Raw & Waste |
58.09 |
103.39 |
43.88 |
81.79 |
-24.46 |
-20.89 |
2 |
Vegetable Oil |
1140.09 |
2218.38 |
1453.12 |
2790.55 |
27.46 |
25.79 |
3 |
Pulses |
131.84 |
282.79 |
370.91 |
781.99 |
181.34 |
176.53 |
4 |
Fruits & vegetables |
218.28 |
417.87 |
224.80 |
479.60 |
2.99 |
14.77 |
5 |
Pulp and Waste paper |
136.50 |
283.04 |
167.90 |
311.22 |
23.01 |
9.96 |
6 |
Textile yarn Fabric, made-up articles |
188.24 |
349.50 |
186.08 |
347.92 |
-1.15 |
-0.45 |
7 |
Fertilisers, Crude & manufactured |
1180.48 |
1831.76 |
939.37 |
1536.57 |
-20.42 |
-16.12 |
8 |
Sulphur & Unroasted Iron Pyrites |
6.59 |
28.89 |
5.21 |
11.51 |
-20.92 |
-60.14 |
9 |
Metaliferrous ores & other minerals |
925.04 |
1483.98 |
966.33 |
1557.61 |
4.46 |
4.96 |
10 |
Coal, Coke & Briquettes, etc. |
4492.28 |
7998.80 |
3299.74 |
6395.68 |
-26.55 |
-20.04 |
11 |
Petroleum, Crude & products |
15574.12 |
29267.92 |
19948.63 |
36411.05 |
28.09 |
24.41 |
12 |
Wood & Wood products |
581.68 |
1119.50 |
539.77 |
1001.69 |
-7.20 |
-10.52 |
13 |
Leather & leather products |
95.04 |
156.66 |
75.98 |
138.07 |
-20.05 |
-11.87 |
14 |
Organic & Inorganic Chemicals |
2561.36 |
4894.29 |
2548.81 |
4754.82 |
-0.49 |
-2.85 |
15 |
Dyeing/tanning/colouring materials |
354.07 |
688.19 |
336.03 |
661.35 |
-5.10 |
-3.90 |
16 |
Artificial resins, plastic materials, etc. |
1883.78 |
3782.11 |
1888.33 |
3591.90 |
0.24 |
-5.03 |
17 |
Chemical material & products |
1057.05 |
2044.72 |
953.30 |
1865.00 |
-9.81 |
-8.79 |
18 |
Newsprint |
39.72 |
63.85 |
37.94 |
65.09 |
-4.49 |
1.94 |
19 |
Pearls, precious & Semi-precious stones |
1878.65 |
3986.89 |
1909.50 |
3572.58 |
1.64 |
-10.39 |
20 |
Iron & Steel |
1824.30 |
3530.95 |
1703.00 |
3269.02 |
-6.65 |
-7.42 |
21 |
Non-ferrous metals |
2047.76 |
3816.11 |
2070.52 |
3848.63 |
1.11 |
0.85 |
22 |
Machine tools |
397.19 |
726.64 |
445.82 |
846.00 |
12.24 |
16.43 |
23 |
Machinery, electrical & non-electrical |
4138.33 |
8069.01 |
4148.68 |
7940.30 |
0.25 |
-1.60 |
24 |
Transport equipment |
2341.05 |
4486.76 |
3087.28 |
5227.74 |
31.88 |
16.51 |
25 |
Project goods |
56.78 |
88.97 |
31.62 |
69.35 |
-44.31 |
-22.05 |
26 |
Professional instrument, Optical goods, etc. |
628.86 |
1205.43 |
643.79 |
1269.67 |
2.37 |
5.33 |
27 |
Electronic goods |
6702.87 |
13111.28 |
7149.18 |
14200.43 |
6.66 |
8.31 |
28 |
Medicinal & Pharmaceutical products |
702.49 |
1279.88 |
763.43 |
1447.01 |
8.67 |
13.06 |
29 |
Gold |
3693.47 |
4701.47 |
3333.03 |
6447.66 |
-9.76 |
37.14 |
30 |
Silver |
27.15 |
140.04 |
137.93 |
272.07 |
407.99 |
94.28 |
Sub-Total |
55063.15 |
102159.08 |
59409.91 |
111193.87 |
7.89 |
8.84 |
|
|
GRAND TOTAL |
57481.42 |
106537.53 |
61914.33 |
116009.84 |
7.71 |
8.89 |
Note 1: Imports include Re-Imports.
Note 2: The figures for MAY’24 are provisional.
Note 3: Grand total is inclusive of component ‘Other’.
QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2024
TRADE: IMPORT
Sl. No. |
Commodities |
Values in Rs Crore |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
Cotton Raw & Waste |
478.35 |
849.89 |
365.90 |
682.10 |
-23.51 |
-19.74 |
2 |
Vegetable Oil |
9387.85 |
18232.11 |
12118.03 |
23273.01 |
29.08 |
27.65 |
3 |
Pulses |
1085.59 |
2323.72 |
3093.09 |
6521.73 |
184.92 |
180.66 |
4 |
Fruits & vegetables |
1797.41 |
3434.43 |
1874.66 |
3999.84 |
4.30 |
16.46 |
5 |
Pulp and Waste paper |
1123.97 |
2325.90 |
1400.13 |
2595.54 |
24.57 |
11.59 |
6 |
Textile yarn Fabric, made-up articles |
1550.03 |
2872.74 |
1551.75 |
2901.58 |
0.11 |
1.00 |
7 |
Fertilisers, Crude & manufactured |
9720.49 |
15062.35 |
7833.71 |
12814.69 |
-19.41 |
-14.92 |
8 |
Sulphur & Unroasted Iron Pyrites |
54.25 |
237.16 |
43.44 |
96.02 |
-19.93 |
-59.51 |
9 |
Metaliferrous ores & other minerals |
7617.10 |
12201.53 |
8058.49 |
12990.14 |
5.79 |
6.46 |
10 |
Coal, Coke & Briquettes, etc. |
36990.90 |
65751.67 |
27517.52 |
53339.54 |
-25.61 |
-18.88 |
11 |
Petroleum, Crude & products |
128242.46 |
240560.06 |
166357.38 |
303663.80 |
29.72 |
26.23 |
12 |
Wood & Wood products |
4789.71 |
9200.97 |
4501.34 |
8354.01 |
-6.02 |
-9.21 |
13 |
Leather & leather products |
782.59 |
1288.02 |
633.63 |
1151.50 |
-19.03 |
-10.60 |
14 |
Organic & Inorganic Chemicals |
21091.10 |
40225.98 |
21255.23 |
39654.66 |
0.78 |
-1.42 |
15 |
Dyeing/tanning/colouring materials |
2915.53 |
5656.03 |
2802.26 |
5515.65 |
-3.89 |
-2.48 |
16 |
Artificial resins, plastic materials, etc. |
15511.64 |
31081.93 |
15747.30 |
29956.09 |
1.52 |
-3.62 |
17 |
Chemical material & products |
8704.07 |
16805.03 |
7949.83 |
15553.92 |
-8.67 |
-7.44 |
18 |
Newsprint |
327.11 |
525.02 |
316.41 |
542.88 |
-3.27 |
3.40 |
19 |
Pearls, precious & Semi-precious stones |
15469.46 |
32761.41 |
15923.88 |
29795.00 |
2.94 |
-9.05 |
20 |
Iron & Steel |
15021.87 |
29019.93 |
14201.85 |
27263.41 |
-5.46 |
-6.05 |
21 |
Non-ferrous metals |
16861.94 |
31366.05 |
17266.69 |
32097.20 |
2.40 |
2.33 |
22 |
Machine tools |
3270.61 |
5972.79 |
3717.80 |
7055.56 |
13.67 |
18.13 |
23 |
Machinery, electrical & non-electrical |
34076.37 |
66316.12 |
34597.05 |
66221.42 |
1.53 |
-0.14 |
24 |
Transport equipment |
19276.98 |
36876.28 |
25745.71 |
43598.39 |
33.56 |
18.23 |
25 |
Project goods |
467.56 |
731.57 |
263.65 |
578.35 |
-43.61 |
-20.94 |
26 |
Professional instrument, Optical goods, etc. |
5178.21 |
9907.35 |
5368.77 |
10589.02 |
3.68 |
6.88 |
27 |
Electronic goods |
55193.68 |
107755.96 |
59619.12 |
118430.73 |
8.02 |
9.91 |
28 |
Medicinal & Pharmaceutical products |
5784.53 |
10520.35 |
6366.50 |
12067.99 |
10.06 |
14.71 |
29 |
Gold |
30413.23 |
38680.91 |
27795.08 |
53772.97 |
-8.61 |
39.02 |
30 |
Silver |
223.58 |
1149.48 |
1150.21 |
2268.98 |
414.45 |
97.39 |
|
Sub-Total |
453408.16 |
839692.71 |
495436.41 |
927345.74 |
9.27 |
10.44 |
|
GRAND TOTAL |
473321.02 |
875683.13 |
516321.52 |
967510.51 |
9.08 |
10.49 |
Note 1: Grand total is inclusive of component ‘Other’.
Note 2: The figures for MAY’24 are provisional.
QUICK ESTIMATES FOR SELECTED COUNTRIES FOR MAY 2024
TRADE: EXPORT
Sl. No. |
Countries |
(Values in Million USD) |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
U S A |
6573.41 |
12467.43 |
7432.21 |
14045.46 |
13.06 |
12.66 |
2 |
U ARAB EMTS |
2568.17 |
4791.93 |
3067.14 |
5566.35 |
19.43 |
16.16 |
3 |
NETHERLAND |
1522.98 |
3264.45 |
2191.83 |
4598.54 |
43.92 |
40.87 |
4 |
U K |
1029.22 |
2146.36 |
1374.43 |
2620.39 |
33.54 |
22.09 |
5 |
CHINA P RP |
1284.91 |
2673.96 |
1327.99 |
2581.58 |
3.35 |
-3.45 |
6 |
SINGAPORE |
977.09 |
1824.50 |
1022.38 |
2493.13 |
4.64 |
36.65 |
7 |
SAUDI ARAB |
1034.76 |
1969.05 |
1122.29 |
2072.78 |
8.46 |
5.27 |
8 |
BANGLADESH PR |
862.77 |
1719.15 |
978.96 |
1784.74 |
13.47 |
3.82 |
9 |
GERMANY |
811.67 |
1607.95 |
866.38 |
1641.96 |
6.74 |
2.12 |
10 |
FRANCE |
529.03 |
1060.44 |
724.46 |
1488.79 |
36.94 |
40.39 |
11 |
MALAYSIA |
424.74 |
901.36 |
794.06 |
1478.49 |
86.95 |
64.03 |
12 |
SOUTH AFRICA |
703.32 |
1431.02 |
677.94 |
1389.59 |
-3.61 |
-2.90 |
13 |
ITALY |
860.01 |
1716.42 |
689.60 |
1372.91 |
-19.82 |
-20.01 |
14 |
NEPAL |
678.74 |
1337.99 |
607.73 |
1197.87 |
-10.46 |
-10.47 |
15 |
BRAZIL |
634.57 |
1276.62 |
667.38 |
1152.87 |
5.17 |
-9.69 |
16 |
TURKEY |
585.72 |
1247.56 |
681.43 |
1136.12 |
16.34 |
-8.93 |
17 |
BELGIUM |
733.36 |
1308.08 |
472.94 |
1047.29 |
-35.51 |
-19.94 |
18 |
MEXICO |
441.66 |
853.36 |
512.69 |
999.50 |
16.08 |
17.13 |
19 |
AUSTRALIA |
538.18 |
1259.39 |
519.25 |
956.55 |
-3.52 |
-24.05 |
20 |
HONG KONG |
487.07 |
1013.19 |
518.38 |
928.15 |
6.43 |
-8.39 |
|
Sub-Total |
23281.40 |
45870.21 |
26249.47 |
50553.05 |
12.75 |
10.21 |
|
GRAND TOTAL |
34952.48 |
69570.93 |
38132.48 |
73116.68 |
9.10 |
5.10 |
Note 1: Grand total is inclusive of all countries.
Note 2: The figures for MAY’24 are provisional.
QUICK ESTIMATES FOR SELECTED COUNTRIES FOR MAY 2024
TRADE: IMPORT
Sl. No. |
Countries |
(Values in Million USD) |
% Change |
||||
MAY'23 |
APR'23-MAY'23 |
MAY'24 |
APR'24-MAY'24 |
MAY'24 |
APR'24-MAY'24 |
||
1 |
CHINA P RP |
8250.12 |
15750.29 |
8482.59 |
16276.97 |
2.82 |
3.34 |
2 |
RUSSIA |
6022.50 |
10307.80 |
7107.75 |
12358.18 |
18.02 |
19.89 |
3 |
U ARAB EMTS |
3493.28 |
6642.07 |
5237.55 |
8556.70 |
49.93 |
28.83 |
4 |
U S A |
3761.54 |
6818.76 |
3776.69 |
6983.76 |
0.40 |
2.42 |
5 |
IRAQ |
2369.81 |
4625.93 |
3760.46 |
6204.50 |
58.68 |
34.12 |
6 |
SAUDI ARAB |
2501.24 |
5613.21 |
2398.53 |
5591.29 |
-4.11 |
-0.39 |
7 |
INDONESIA |
1950.79 |
3710.33 |
2406.55 |
4281.00 |
23.36 |
15.38 |
8 |
SWITZERLAND |
2250.04 |
2945.99 |
1522.61 |
3724.72 |
-32.33 |
26.43 |
9 |
KOREA RP |
1594.66 |
3189.11 |
1806.73 |
3352.57 |
13.30 |
5.13 |
10 |
SINGAPORE |
1501.47 |
3051.37 |
1633.29 |
3202.70 |
8.78 |
4.96 |
11 |
JAPAN |
1552.49 |
3059.08 |
1549.97 |
3039.38 |
-0.16 |
-0.64 |
12 |
GERMANY |
1819.30 |
3244.40 |
1296.08 |
2502.57 |
-28.76 |
-22.87 |
13 |
HONG KONG |
1355.82 |
2438.56 |
1306.96 |
2428.74 |
-3.60 |
-0.40 |
14 |
QATAR |
956.75 |
2013.00 |
1245.48 |
2315.09 |
30.18 |
15.01 |
15 |
SOUTH AFRICA |
1015.09 |
1714.66 |
1125.75 |
2140.04 |
10.90 |
24.81 |
16 |
AUSTRALIA |
1450.62 |
2503.03 |
998.42 |
1997.20 |
-31.17 |
-20.21 |
17 |
MALAYSIA |
1027.77 |
1869.54 |
993.92 |
1969.25 |
-3.29 |
5.33 |
18 |
THAILAND |
850.23 |
1773.29 |
875.40 |
1811.10 |
2.96 |
2.13 |
19 |
TAIWAN |
605.62 |
1244.25 |
882.77 |
1778.04 |
45.76 |
42.90 |
20 |
KUWAIT |
743.94 |
1405.90 |
933.21 |
1566.58 |
25.44 |
11.43 |
|
Sub-Total |
45073.07 |
83920.59 |
49340.72 |
92080.38 |
9.47 |
9.72 |
|
GRAND TOTAL |
57481.42 |
106537.53 |
61914.33 |
116009.84 |
7.71 |
8.89 |
Note 1: Grand total is inclusive of all countries.
Note 2: The figures for MAY’24 are provisional.