Lok Sabha Question No. 1366 (UNSTARRED), answered on 2024-07-30
Subject: Status of Import and Export
Ministry: COMMERCE AND INDUSTRY
Asked by: Shri Ram Shiromani Verma

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

## LOK SABHA UNSTARRED QUESTION NO. 1366 ANSWERED ON 30/07/2024

## STATUS OF IMPORT AND EXPORT

## 1366.  SHRI RAM SHIROMANI VERMA:

Will the Minister of COMMERCE & INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) the details of status of India in the international market in view of import and export and quantum along with price of major items exported during the last three years;
- (b) the details of measures taken by the Government in order to increase the export during the said period;
- (c) whether there is any downfall in the export in recent time;
- (d) if so, the details thereof and the reasons therefor; and
- (e) the  incentives  being  provided  in  order  to  increase  the  export,  its  diversification  and  to ensure the achievement of targets?

## ANSWER

## वाणिज्य और उद्योग मंत्रालय में राज्य मंत्री (श्री णिणिन प्रसाद ) THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY

(SHRI JITIN PRASADA)

- (a) India's  merchandise  trade  share  in  world  merchandise  trade  during  2020  to  2022  is  as below:

|   Year |   Merchandise Trade (% Share) |
|--------|-------------------------------|
|   2020 |                           3.6 |
|   2021 |                           4.3 |
|   2022 |                           4.7 |

Source: World Trade Organisation

The major commodity-wise quantity (where standard units are unique/ additive are taken), value and unit price (Value/Quantity) during last three years is placed at Annexure I.

(b) to (e) The value of India's merchandise export has increased from US $ 103.89 billion during Apr-Jun, 2023-24 to US $ 109.97 billion during Apr-June, 2024-25 registering a positive growth of 5.8%.

The Government has taken following measures to increase export, its diversification and achieve the targets:

(i)    New Foreign Trade Policy  has been launched on 31 st March, 2023 which came in to effect from 1 st April, 2023.

(ii)    Interest  Equalization  Scheme  on  pre  and  post  shipment  rupee  export  credit  has  also been extended up to 31-08-2024.

- (iii)    Assistance  provided  through  several  schemes  to  promote  exports,  namely,  Trade Infrastructure for Export Scheme (TIES) and Market Access Initiatives (MAI) Scheme.

(iv)  Rebate of State and Central Levies and Taxes (RoSCTL) Scheme to promote  labour oriented sector export has been implemented since 07.03.2019.

(v)    Remission  of  Duties  and  Taxes  on  Exported  Products  (RoDTEP)  scheme  has  been implemented  since  01.01.2021.  With  effect  from  15.12.2022,  uncovered  sectors  like pharmaceuticals,  organic  and  inorganic  chemicals  and  article  of  iron  and  steel  has  been covered under RoDTEP. Similarly, anomalies in 432 tariff lines have been addressed and the corrected rates have been implemented with effect from 16.01.2023.

(vi)  Common Digital Platform for Certificate of Origin has been launched to facilitate trade and increase Free Trade Agreement (FTA) utilization by exporters.

(vii)    Districts  as  Export  Hubs  has  been  launched  by  identifying  products  with  export potential in each district, addressing bottlenecks for exporting these products and supporting local exporters/manufacturers to generate employment in the district.

(viii)    Active  role  of  Indian  missions  abroad  towards  promoting  India's  trade,  tourism, technology and investment goals has been enhanced.

(ix)  Regular monitoring of export performance with Commercial Missions abroad, Export Promotion Councils, Commodity Boards/ Authorities and Industry Associations and taking corrective measures from time to time.

(x)  India has signed a free trade agreement with UAE and Australia. India has also allowed rupee trading in special Rupee Vostro Account with friendly countries to facilitate trade.

## Annexure  referred  to  in  reply  to  Part  (a)  of  Lok  Sabha  Unstarred  Question  No.  1366  to  be answered on 30.07.2024

Annexure-I Major commodity-wise quantity, value and unit price (Value/Quantity) during last three years

|                                            |                                            |                                            | 2021-22                                    | 2021-22                                    | 2021-22                                    | 2022-23                                    | 2022-23                                    | 2022-23                                    |
|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|
| Sl. No.                                    | Principal Commodities                      | Units                                      | Qty                                        | Value in Million($)                        | Price in US $ *                            | Qty                                        | Value in Million($)                        | Price in US $ *                            |
| 1                                          | Petroleum Products                         | TON                                        | 99206108                                   | 67471.70                                   | 680.12                                     | 98834038                                   | 97468.45                                   | 986.18                                     |
| 2                                          | Drug Formulations, Biologicals             | TON                                        | 621742                                     | 19001.09                                   | 30.56                                      | 619536                                     | 19458.62                                   | 31.41                                      |
| 3                                          | Gold And Oth Precs Metl Jwlery             | TON                                        | 1159335                                    | 11058.79                                   | 9.54                                       | 1314713                                    | 12354.42                                   | 9.40                                       |
| 4                                          | Iron And Steel                             | TON                                        | 23847678                                   | 22906.20                                   | 960.52                                     | 12960088                                   | 13397.48                                   | 1033.75                                    |
| 5                                          | Motor Vehicle/Cars                         | NOS                                        | 1223708                                    | 7573.30                                    | 6188.81                                    | 1108892                                    | 8718.37                                    | 7862.24                                    |
| 6                                          | Aluminium, Products Of Aluminm             | TON                                        | 3462286                                    | 10641.56                                   | 3073.57                                    | 2874727                                    | 8877.07                                    | 3087.97                                    |
| 7                                          | Organic Chemicals                          | TON                                        | 6878306                                    | 10946.37                                   | 1.59                                       | 4556571                                    | 9640.75                                    | 2.12                                       |
| 8                                          | Marine Products                            | TON                                        | 1398014                                    | 7772.36                                    | 5.56                                       | 1754205                                    | 8077.98                                    | 4.60                                       |
| 9                                          | Rice -Basmoti                              | TON                                        | 3943717                                    | 3537.49                                    | 896.99                                     | 4561211                                    | 4787.65                                    | 1049.65                                    |
| 10                                         | Bulk Drugs, Drug Intermediates             | TON                                        | 450732                                     | 4468.53                                    | 9.91                                       | 435816                                     | 4709.22                                    | 10.81                                      |
| 11                                         | Rice(Other Than Basmoti)                   | TON                                        | 17288961                                   | 6133.63                                    | 354.77                                     | 17792144                                   | 6356.71                                    | 357.28                                     |
| 12                                         | Spices                                     | TON                                        | 1427718                                    | 3896.03                                    | 2.73                                       | 1312263                                    | 3785.36                                    | 2.88                                       |
| 13                                         | Agro Chemicals                             | TON                                        | 648628                                     | 4896.64                                    | 7.55                                       | 630320                                     | 5379.25                                    | 8.53                                       |
| 14                                         | Ship, Boat And Floating Struct             | NOS                                        | 3704                                       | 3600.73                                    | 972118.08                                  | 17364                                      | 4035.25                                    | 232391.69                                  |
| 15                                         | Iron Ore                                   | TON                                        | 26495553                                   | 3248.23                                    | 122.60                                     | 21167568                                   | 1797.52                                    | 84.92                                      |
| 16                                         | Cotton Yarn                                | TON                                        | 1386904                                    | 5498.17                                    | 3964.35                                    | 663139                                     | 2752.41                                    | 4150.58                                    |
| 17                                         | Buffalo Meat                               | TON                                        | 1175325                                    | 3303.78                                    | 2810.95                                    | 1175532                                    | 3193.69                                    | 2716.80                                    |
| 18                                         | Cosmetics And Toiletries                   | TON                                        | 746170                                     | 1973.96                                    | 2.65                                       | 763560                                     | 2408.58                                    | 3.15                                       |
| 19                                         | Plastic Raw Materials                      | TON                                        | 2677656                                    | 4163.66                                    | 1554.97                                    | 1907342                                    | 3234.42                                    | 1695.77                                    |
| 20                                         | Sugar                                      | TON                                        | 10457080                                   | 4602.65                                    | 440.15                                     | 11755644                                   | 5770.83                                    | 490.90                                     |
| 21                                         | Two And Three Wheelers                     | NOS                                        | 3941874                                    | 2985.30                                    | 757.33                                     | 3295770                                    | 2787.89                                    | 845.90                                     |
| 22                                         | Atm, Injctng Mlding Mchnry Etc             | TON                                        | 274042                                     | 1929.46                                    | 7.04                                       | 311164                                     | 2369.60                                    | 7.62                                       |
| 23                                         | Dyes                                       | TON                                        | 544599                                     | 3078.62                                    | 5.65                                       | 421142                                     | 2422.81                                    | 5.75                                       |
| 24                                         | Inorganic Chemicals                        | TON                                        | 2600487                                    | 1766.59                                    | 0.68                                       | 2490171                                    | 2174.21                                    | 0.87                                       |
| 25                                         | Plastic Sht, Film, Plts Etc                | TON                                        | 748062                                     | 2031.16                                    | 2.72                                       | 640617                                     | 1814.93                                    | 2.83                                       |
| * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) |
| Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             |

|                                            |                                            |                                            | 2023-24                                    | 2023-24                                    | 2023-24                                    |
|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|--------------------------------------------|
| Sl. No.                                    | Principal Commodities                      | Units                                      | Qty                                        | Value in Million($)                        | Price in US $ *                            |
| 1                                          | Petroleum Products                         | TON                                        | 107744699                                  | 84156.74                                   | 781.08                                     |
| 2                                          | Drug Formulations, Biologicals             | TON                                        | 762926                                     | 21713.95                                   | 28.46                                      |
| 3                                          | Gold And Oth Precs Metl Jwlery             | TON                                        | 826902                                     | 13310.40                                   | 16.10                                      |
| 4                                          | Iron And Steel                             | TON                                        | 12831430                                   | 11859.36                                   | 924.24                                     |
| 5                                          | Motor Vehicle/Cars                         | NOS                                        | 1023189                                    | 8254.55                                    | 8067.48                                    |
| 6                                          | Aluminium, Products Of Aluminm             | TON                                        | 2766103                                    | 7681.04                                    | 2776.84                                    |
| 7                                          | Organic Chemicals                          | TON                                        | 3664954                                    | 7548.21                                    | 2.06                                       |
| 8                                          | Marine Products                            | TON                                        | 1819635                                    | 7372.00                                    | 4.05                                       |
| 9                                          | Rice -Basmoti                              | TON                                        | 5242182                                    | 5843.30                                    | 1114.67                                    |
| 10                                         | Bulk Drugs, Drug Intermediates             | TON                                        | 474619                                     | 4786.52                                    | 10.08                                      |
| 11                                         | Rice(Other Than Basmoti)                   | TON                                        | 11116703                                   | 4573.41                                    | 411.40                                     |
| 12                                         | Spices                                     | TON                                        | 1415210                                    | 4248.56                                    | 3.00                                       |
| 13                                         | Agro Chemicals                             | TON                                        | 641747                                     | 4197.72                                    | 6.54                                       |
| 14                                         | Ship, Boat And Floating Struct             | NOS                                        | 7536                                       | 4059.47                                    | 538676.99                                  |
| 15                                         | Iron Ore                                   | TON                                        | 46374411                                   | 3913.87                                    | 84.40                                      |
| 16                                         | Cotton Yarn                                | TON                                        | 1214706                                    | 3780.22                                    | 3112.05                                    |
| 17                                         | Buffalo Meat                               | TON                                        | 1295601                                    | 3743.26                                    | 2889.21                                    |
| 18                                         | Cosmetics And Toiletries                   | TON                                        | 871655                                     | 2909.06                                    | 3.34                                       |
| 19                                         | Plastic Raw Materials                      | TON                                        | 1939036                                    | 2888.51                                    | 1489.67                                    |
| 20                                         | Sugar                                      | TON                                        | 4360623                                    | 2824.74                                    | 647.78                                     |
| 21                                         | Two And Three Wheelers                     | NOS                                        | 3124723                                    | 2772.44                                    | 887.26                                     |
| 22                                         | Atm, Injctng Mlding Machinery Etc          | TON                                        | 296526                                     | 2530.60                                    | 8.53                                       |
| 23                                         | Dyes                                       | TON                                        | 441512                                     | 2154.92                                    | 4.88                                       |
| 24                                         | Inorganic Chemicals                        | TON                                        | 2863098                                    | 2022.56                                    | 0.71                                       |
| 25                                         | Plastc Sht, Film, Plts Etc                 | TON                                        | 712300                                     | 1744.29                                    | 2.45                                       |
| * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) | * Unit Price=Value(US $)/Qty(as indicated) |
| Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             | Source: DGCI&S                             |

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