Ministry of Commerce & Industry
India’s merchandise export in February 2022 increases by 22.36% to USD 33.81 billion over USD 27.63 billion in February 2021
India’s merchandise export in April 2021-February 2022 rises by 45.80% to USD 374.05 billion over USD 256.55 billion in April 2020-February 2021
INDIA’S MERCHANDISE TRADE: Preliminary Data for February 2022
India’s merchandise export in February 2022 was USD 33.81 billion, an increase of 22.36% over USD 27.63 billion in February 2021 and an increase of 21.88% over USD 27.74 billion in February 2020.
India’s merchandise export in April 2021-February 2022 was USD 374.05 billion, an increase of 45.80% over USD 256.55 billion in April 2020-February 2021 and an increase of 28.16% over USD 291.87 billion in April 2019-February 2020.
India’s merchandise import in February 2022 was USD 55.01 billion, an increase of 34.99% over USD 40.75 billion in February 2021 and an increase of 45.12% over USD 37.90 billion in February 2020.
India’s merchandise import in April 2021-February 2022 was USD 550.12 billion, an increase of 59.21% over USD 345.54 billion in April 2020-February 2021 and an increase of 24.11% over USD 443.24 billion in April 2019-February 2020.
The trade deficit in February 2022 was USD 21.19 billion, while it was 176.07 billion USD during April 2021-February 2022.
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Statement 1: India’s Trade in Merchandise goods in February 2022
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Value in Billion USD
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% Growth
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Feb-22
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Feb-21
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Feb-20
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Feb-22 over Feb-21
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Feb-22 over Feb-20
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Exports
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33.81
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27.63
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27.74
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22.36
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21.88
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Imports
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55.01
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40.75
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37.90
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34.99
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45.12
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Deficit
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21.19
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13.12
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10.16
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61.59
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108.56
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Statement 2: India’s Trade in Merchandise goods in Apr 2021-Feb 2022
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Value in Billion USD
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% Growth
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Apr21-Feb22
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Apr20-Feb21
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Apr19-Feb20
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Apr21-Feb 22 over Apr20-Feb 21
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Apr21-Feb 22 over Apr19-Feb 20
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Exports
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374.05
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256.55
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291.87
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45.80
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28.16
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Imports
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550.12
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345.54
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443.24
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59.21
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24.11
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Deficit
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176.07
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88.99
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151.37
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97.86
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16.32
Value of non-petroleum exports in February 2022 was 29.70 USD billion, registering a positive growth of 18.04% over non-petroleum exports of USD 25.16 billion in February 2021 and a positive growth of 22.23% over non-petroleum exports of USD 24.30 billion in February 2020.
Value of non-petroleum imports was USD 39.96 billion in February 2022 with a positive growth of 26.0% over non-petroleum imports of USD 31.72 billion in February 2021 and a positive growth of 47.33% over non-petroleum imports of USD 27.12 billion in February 2020.
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Statement 3: Merchandise Non-POL Trade in February 2022
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Value in Billion USD
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% Growth
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Feb-22
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Feb-21
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Feb-20
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Feb-22 over Feb-21
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Feb-22 over Feb-20
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Exports
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29.70
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25.16
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24.30
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18.04
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22.23
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Imports
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39.96
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31.72
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27.12
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26.00
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47.33
The cumulative value of non-petroleum exports in April 2021-February 2022 was USD 319.09 billion, an increase of 36.16% over USD 234.36 billion in April 2020-February 2021 and an increase of 26.07% over USD 253.10 billion in April 2019-February 2020.
The cumulative value of non-petroleum imports in April 2021-Feb 2022 was USD 408.63 billion, showing an increase of 49.61% compared to non-oil imports of USD 273.12 billion in April 2020-Feb 2021 and an increase of 26.61% compared to non-oil imports of USD 322.74 billion in April 2019-Feb 2020.
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Statement 4: Merchandise Non-POL Trade Apr 2021-Feb 2022
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Value in Billion USD
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% Growth
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Apr21-Feb22
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Apr20-Feb21
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Apr19-Feb20
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Apr21-Feb 22 over Apr20-Feb 21
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Apr21-Feb 22 over Apr19-Feb 20
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Exports
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319.09
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234.36
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253.10
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36.16
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26.07
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Imports
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408.63
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273.12
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322.74
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49.61
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26.61
Value of non-petroleum and non-gems and jewellery exports in February 2022 was USD 26.60 billion, registering a positive growth of 18.31% over non-petroleum and non-gems and jewellery exports of USD 22.48 billion in February 2021 and a positive growth of 24.98% over non-petroleum and non-gems and jewellery exports of USD 21.28 billion in February 2020.
Value of non-oil, non-GJ  imports was USD 31.61 billion in February 2022 with a positive growth of 31.66% over non-oil and non-GJ imports of USD 24.01 billion in Feb 2021 and a positive growth of 42.31% over non-oil and non-GJ imports of USD 22.21 billion in Feb 2020.
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Statement 5: Merchandise Non-POL Non-GJ Trade in February 2022
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Value in Billion USD
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% Growth
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Feb-22
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Feb-21
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Feb-20
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Feb-22 over Feb-21
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Feb-22 over Feb-20
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Exports
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26.60
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22.48
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21.28
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18.31
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24.98
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Imports
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31.61
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24.01
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22.21
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31.66
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42.31
The cumulative value of non-petroleum and non-gems and jewellery exports in April 2021-February 2022 was USD 283.83 billion, an increase of 33.92% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 211.95 billion in April 2020-February 2021 and an increase of 29.47% over cumulative value of non-petroleum and non-gems and jewellery exports of USD 219.22 billion in April 2019-February 2020.
Non-oil, non-GJ  imports was USD 332.85 billion in April 2021-February 2022, recording a positive growth of 44.78%, as compared to non-oil and non-GJ imports of USD 229.89 billion in April 2020-February 2021 and a positive growth of 22.35% over USD 272.05 billion in April 2019-February 2020.
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Statement 6: Merchandise Non-POL Non-GJ Trade Apr 2021-Feb 2022
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Value in Billion USD
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% Growth
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Apr21-Feb22
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Apr20-Feb21
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Apr19-Feb20
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Apr21-Feb 22 over Apr20-Feb 21
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Apr21-Feb 22 over Apr19-Feb 20
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Exports
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283.83
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211.95
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219.22
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33.92
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29.47
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Imports
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332.85
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229.89
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272.05
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44.78
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22.35
Top 10 major commodity groups covering 80% of total exports in February 2022 are as follows:
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Statement 7: Exports of Top 10 Major Commodity Groups in February 2022
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Value of Export 
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Share 
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Growth 
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Major Commodity Group
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Feb-22
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Feb-21
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Feb-22
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Feb-22 over Feb-21
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Engineering goods
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9272.37
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7059.91
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27.42
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31.34
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Petroleum products
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4109.38
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2471.16
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12.15
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66.29
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Gems and Jewellery
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3105.59
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2682.08
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9.18
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15.79
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Organic and Inorganic chemicals
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2407.81
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1930.21
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7.12
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24.74
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Drugs and Pharmaceuticals
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1938.79
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2001.44
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5.73
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-3.13
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RMG of all Textiles
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1598.64
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1348.55
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4.73
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18.54
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Electronic goods
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1477.76
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1104.69
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4.37
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33.77
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Cotton Yarn/Fabs./Madeups, Handloom products etc.
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1258.88
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947.64
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3.72
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32.84
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Rice
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920.67
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918.94
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2.72
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0.19
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Plastic and Linoleum
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793.34
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631.19
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2.35
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25.69
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Total of 10 Major Commodity Groups
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26883.24
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21095.80
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79.51
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27.43
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Rest
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6928.61
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6537.45
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20.49
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5.98
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Total Exports
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33811.86
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27633.25
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100.00
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22.36
Top 10 major commodity groups covering 78% of total imports in February 2022 are as follows:
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Statement 8: Imports of Top 10 Major Commodity Groups in February 2022
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Import 
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Share 
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Growth 
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Major Commodity Group
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Feb-22
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Feb-21
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Feb-22
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Feb-22 over Feb-21
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Petroleum, Crude & products
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15042.44
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9031.45
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27.35
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66.56
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Electronic goods
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6244.93
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4843.82
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11.35
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28.93
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Gold
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4684.79
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5290.40
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8.52
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-11.45
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Machinery, electrical & non-electrical
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3612.66
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3184.00
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6.57
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13.46
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Pearls, precious & Semi-precious stones
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3186.03
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2408.50
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5.79
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32.28
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Coal, Coke & Briquettes, etc.
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2860.20
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1318.11
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5.20
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116.99
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Organic & Inorganic Chemicals
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2434.07
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2039.23
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4.43
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19.36
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Artificial resins, plastic materials, etc.
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1704.53
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1458.36
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3.10
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16.88
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Fertilisers, Crude & manufactured
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1670.20
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224.57
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3.04
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643.73
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Iron & Steel
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1603.74
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1239.36
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2.92
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29.40
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Total of 10 Major Commodity Groups
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43043.59
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31037.80
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78.25
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38.68
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Rest
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11961.83
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9710.85
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21.75
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23.18
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Total Imports
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55005.42
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40748.65
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100.00
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34.99
Top 10 major commodity groups covering 80% of total exports in April 2021 –Feb 2022 are as follows:
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Statement 9: Exports of Top 10 Major Commodity Groups in April 2021-February 2022
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Value of Export 
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Share 
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Growth 
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Major Commodity Group
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Apr21-Feb22
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Apr20-Feb21
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Apr21-Feb22
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Apr21-Feb22 over Apr20-Feb21
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Engineering goods
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100927.31
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67421.24
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26.98
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49.70
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Petroleum products
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54958.67
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22195.00
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|
14.69
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|
147.62
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Gems and Jewellery
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35258.63
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22409.82
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9.43
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|
57.34
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Organic and Inorganic chemicals
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26470.62
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|
19799.60
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|
7.08
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33.69
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Drugs and Pharmaceuticals
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22185.08
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|
22148.98
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5.93
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0.16
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RMG of all Textiles
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14273.26
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10846.26
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3.82
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31.60
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Cotton Yarn/Fabs./Madeups, Handloom products etc.
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13949.35
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|
8722.84
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|
3.73
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|
59.92
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Electronic goods
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|
13838.07
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|
9692.61
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|
3.70
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|
42.77
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Plastic and Linoleum
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|
8961.25
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|
6743.31
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|
2.40
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|
32.89
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Rice
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8617.48
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7712.67
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2.30
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|
11.73
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Total of 10 Major Commodity Groups
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299439.72
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197692.35
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80.05
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51.47
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Rest
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74610.74
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58859.53
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|
19.95
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|
26.76
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Total Exports
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374050.47
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256551.88
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100.00
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45.80
Top 10 major commodity groups covering 77% of total imports in April 2021 -Feb 2022 are as follows:
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Statement 10: Imports of Top 10 Major Commodity Groups in April 2021-February 2022
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Import 
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Share 
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Growth 
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|
Major Commodity Group
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Apr21-Feb22
|
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Apr20-Feb21
|
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Apr21-Feb22
|
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Apr21-Feb22 over Apr20-Feb21
|
|
Petroleum, Crude & products
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|
141486.97
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|
72412.48
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|
27.35
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|
95.39
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|
Electronic goods
|
|
64745.48
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|
48423.77
|
|
11.35
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|
33.71
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|
Gold
|
|
45033.98
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|
26110.24
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|
8.52
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|
72.48
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|
Machinery, electrical & non-electrical
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|
36392.76
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|
26570.80
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|
6.57
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|
36.97
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|
Pearls, precious & Semi-precious stones
|
|
27595.98
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|
16340.69
|
|
5.79
|
|
68.88
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|
Organic & Inorganic Chemicals
|
|
27498.42
|
|
17722.78
|
|
4.43
|
|
55.16
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|
Coal, Coke & Briquettes, etc.
|
|
27120.61
|
|
14538.79
|
|
5.20
|
|
86.54
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|
Artificial resins, plastic materials, etc.
|
|
18238.74
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|
11790.09
|
|
3.10
|
|
54.70
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|
Transport equipment
|
|
18211.83
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|
16438.43
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|
2.22
|
|
10.79
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Vegetable Oil
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|
17240.22
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|
10012.30
|
|
2.47
|
|
72.19
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Total of 10 Major Commodity Groups
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423564.98
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|
260360.38
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|
77.00
|
|
62.68
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Rest
|
|
126552.82
|
|
85176.63
|
|
23.00
|
|
48.58
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Total Imports
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550117.80
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|
345537.01
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|
100.00
|
|
59.21
Source: DGCI&S