Lok Sabha Question No. 2280 (UNSTARRED), answered on 2020-03-04
Subject: Global Impact on India’s Exports
Ministry: COMMERCE AND INDUSTRY
Asked by: Chinta Anuradha

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 2280 TO BE ANSWERED ON 04 th MARCH, 2020

## GLOBAL IMPACT ON INDIA'S EXPORTS

## 2280.  SHRIMATI CHINTA ANURADHA:

Will the Minister of COMMERCE & INDUSTRY ( वािण�य एवं उ�ोग मं�ी ) be pleased to state:

- (a) whether India's exports have suffered due to erosion in demand from the international market during the recent and current global economic meltdown;
- (b) if so, the details on how India's exports during 2018-19 fell as compared to those during the last three years; and
- (c) the details of the main items of export in respect of which the trade has considerably come down?

## ANSWER

## okf.kT; ,oa m|ksx ea=h ( Jh ih;w'k xks;y ) THE MINISTER OF  COMMERCE AND INDUSTRY (SHRI PIYUSH GOYAL)

(a)  to (c) :        Since  the  global  financial  crisis  of  2008-09, the  world  has  seen  considerable  challenges  to economic growth and trade. With regard to the current situation, as per World Trade Organization (WTO) press release dated 01.10.2019, World Merchandise Trade volume was forecast to grow at 1.2% in 2019. This is substantially below the 2.6% trade growth that was projected earlier by WTO in April 2019.

In  this  turbulent  global  scenario,  India's  exports  have  faced  a  challenging  period  in  recent  years. However,  through  concerted  efforts  like  improved  logistics,  facilitation  through  increased  digitization  to reduce  human  interface  and  increased  transparency  of  Government  schemes  aimed  at  incentivization  and facilitation of exporters, quick resolution of implementation issues of GST, capacity building through skilling etc., the Government was able to arrest the challenges and our merchandise exports grew on a secular basis over the last three financial years, to reach a new peak of USD 330.1 Billion in 2018-19.

Details of export performance during the last three years are as follows:-

| Years   |   Export ( US$ Billion) | % Change   |   Export ( US$ Billion) ( excluding Petroleum Products and Gems &Jewellery) | % Change   |
|---------|-------------------------|------------|-----------------------------------------------------------------------------|------------|
| 2016-17 |                  275.85 | -          |                                                                      200.89 | -          |
| 2017-18 |                  303.53 | 10.03      |                                                                      224.51 | 11.77      |
| 2018-19 |                  330.07 | 8.75       |                                                                      243.27 | 8.35       |

Source: DGCI&S.

The above table reveals that India's merchandise export has increased from 275.85 US$ billion in 2016-17 to 303.53 US$ billion in 2017-18 and to 330.07 US$ billion in 2018-19, registering a positive growth of  10.03%  and  8.75%  as  compared  to  the  previous  years.  Excluding  Petroleum  Products  and  Gems  & Jewellery, India's merchandise export has increased from 200.89 US$ billion in 2016-17 to 224.51 US$ billion in  2017-18 and  to  243.27  US$  billion  in  2018-19,  registering  a  positive  growth  of 11.77% and 8.75% as compared to the previous years.

Details of major Commodity Groups in terms of their export performance for the financial year 201819 is enclosed.

********

## India'Export Performance

## % Change

| Sl. No.   | Commodities                                                   |   Growth / decline % APR'18-MAR'19 |
|-----------|---------------------------------------------------------------|------------------------------------|
| 1         | Iron Ore                                                      |                             -10.53 |
| 2         | Electronic Goods                                              |                              38.91 |
| 3         | Spices                                                        |                               5.03 |
| 4         | Oil seeds                                                     |                               1.81 |
| 5         | Drugs &Pharmaceuticals                                        |                              11.03 |
| 6         | Ceramic products & glassware                                  |                              23.64 |
| 7         | Jute Mfg. including Floor Covering                            |                              -3.03 |
| 8         | Tea                                                           |                              -0.75 |
| 9         | Organic& Inorganic Chemicals                                  |                              21.96 |
| 10        | Marine Products                                               |                              -8.06 |
| 11        | RMG of all Textiles                                           |                              -3.4  |
| 12        | Cereal preparations & miscellaneous processed items           |                               8.95 |
| 13        | Handicrafts excl. Hand-made carpet                            |                               0.86 |
| 14        | Engineering Goods                                             |                               6.36 |
| 15        | Man-made Yarn/Fabs./made-ups etc.                             |                               3.15 |
| 16        | Tobacco                                                       |                               5.22 |
| 17        | Mica, Coal &Other Ores, Minerals including processed minerals |                              10.49 |
| 18        | Carpet                                                        |                               3.63 |
| 19        | Gems & Jewellery                                              |                              -3.67 |
| 20        | Others                                                        |                              17.34 |
| 21        | Petroleum Products                                            |                              28    |
| 22        | Leather & leather products                                    |                              -2.81 |
| 23        | Coffee                                                        |                             -15.12 |
| 24        | Fruits &Vegetables                                            |                              -4.71 |
| 25        | Cotton Yarn/Fabs./made-ups, Handloom Products etc.            |                               9.22 |
| 26        | Plastic& Linoleum                                             |                              25.61 |
| 27        | Meat, dairy& poultry products                                 |                              -5.35 |
| 28        | Cashew                                                        |                             -29.06 |
| 29        | Rice                                                          |                              -2.25 |
| 30        | Oil Meals                                                     |                              33.73 |
| 31        | Other cereals                                                 |                              27.6  |
|           | Overall growth (%)                                            |                               9    |