Sunday, July 6, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

Exports: May shipments impressive

Fiinews by Fiinews
June 3, 2021
in Economy, Exports
Reading Time: 2 mins read
A A
0
FIEO
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Service exports estimated for May are $17.85bn

India’s export performance continues to be impressive, with provisional data of merchandise exports in May 2021 showing a significant growth of 67.39 per cent over May 2020 level and 7.93 per cent over May 2019 level.

Merchandise imports registered a positive growth of 68.54 per cent during May 2021 vis-à-vis the same period last year. As compared to May 2019, imports have declined by (-) 17.47 per cent during May 2021, Commerce Secretary Dr Anup Wadhawan elaborated on prospects on 3 June 2021.

Talking to media, he said that Merchandise export, excluding PoL and Gems & Jewellery, increased by 45.96 per cent in May 2021 over the same period of 2020-21 and by 11.51 per cent over the same period of 2019-20.

Service exports estimated for May 2021 are US$17.85 billion, registering a positive growth of 6.44 per cent vis-à-vis May 2020. The estimated value of services import for May 2021 is US$9.97 Billion registering a positive growth of 0.30 per cent vis-à-vis May 2020. While, the estimated value of Net of services export for May 2021 is US$7.88 billion registering a positive growth of 15.39 per cent vis-à-vis May 2020.

The commodities/commodity groups which have recorded positive growth during May 2021 vis-à-vis May 2020 are Other cereals (823.83%), Jute mfg. including floor covering (255.77%), Petroleum products (199.85%), Handicrafts excl. handmade Carpet (192.05%), Gems and jewellery (179.16%), Leather and leather manufactures (155.06%), Manmade yarn/fabs./made-ups etc. (146.35%), Meat, dairy and poultry products (146.19%), Cotton yarn/fabs/made-ups, handloom products etc. (137.92%), RMG of all textiles (114.15%), Carpet (107.97%), Electronic goods (90.8%), Ceramic products and glassware (81.39%), Mica, Coal and other ores, minerals including processed minerals (74.95%), Cereal preparations and miscellaneous processed item (53.66%), Engineering goods (53.14%), Cashew (38.4%), Marine products (33.59%), Iron ore (25.68%), Plastic and Linoleum (20.44%), Organic and inorganic chemicals (20.11%), Tobacco (15.06%), Rice (12.22%), Oil meals (8.28%), Spices (1.37%) and Coffee (1.07%).

Iron Ore exports have been consistently growing throughout 2020-2021 and in the first two months of 2021-22. Rice export has been consistently growing during 2020-2021, April 2021 and May 2021 except for the month of April 2020. Cereal preparations & miscellaneous processed items, Other Cereals and Oil Meals exports have been consistently growing since June 2020. Jute Mfg. including Floor Covering and Carpet exports have been consistently growing since July 2020.

Handicrafts excl. handmade carpet, Cotton Yarn/Fabs/made-ups, Handloom Products etc., Ceramic products & glassware, spices and ‘others’ categories exports are growing consistently since September 2020. Mica, Coal & Other Ores, Minerals including processed minerals export is consistently growing since October 2020.

Sectors such as Leather & leather products, Man-made Yarn/Fabs./made-ups etc., and Marine products, which had been exhibiting negative growth during the pandemic (2020-2021), have picked up from March 2021 onwards, he said in an update. #exports #investment #manufacturing /fiinews.com

Tags: Ministry of Commerce and Industry
ShareTweetShare

Related Posts

SOPA
Exports

Export: India to ship non-GMO soybean to EU

by Fiinews
July 6, 2025
0
16

Global demand for deforestation-free non-GMO soy rises Indian non-GMO soy is a natural fit for EU buyers seeking sustainable and...

Toy Biz International2
Exports

Export: India supplies toys to 153 countries

by Fiinews
July 6, 2025
0
19

Minister tells industry to focus on good branding Toys manufactured in India are exported to 153 countries, Commerce and Industry...

Ministry of Textile

Export: Govt to facilitate easy trade environment

July 2, 2025
15
Aieclogo

Export: Focus on competiing in global markets

June 27, 2025
13
Credlix Logo

Export: Credlix launches India-Mexico service

June 25, 2025
13
World Steel

Export: New rules imposed on material imports

June 23, 2025
15
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development
  • Manufacturing: Framework on Drones by Sep-Oct
  • Project: Joint maritime professionals launched
  • Market: Daimler bullish on construction sector

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.