NEW DELHI, Sep 23: India’s imports from China have recorded a significant decline in April to July period this year compared to the imports during the corresponding period last year.
Giving this information in a written reply in the Rajya Sabha on Wednesday, the Union Minister of Commerce and Industry Piyush Goyal said India’s imports from China during April-July 2020 decreased to USD 16.60 billion from USD 23.45 billion in the corresponding period of the previous year. He pointed out that due to the impact of COVID-19 pandemic there were several global and domestic supply side constraints and also a dip in global demand which contributed in the reduction in the imports from China as well.
Some of the items exhibiting decline in imports include electronic components, telecom instruments, computer hardware, industrial machinery for dairy, electric machinery, residual chemical and allied products, consumer electronics, electronic instruments, fertilisers, products of iron & steel etc.
He said to minimise the impact of such disruptions, Government had taken steps to expand domestic capacities and had implemented policies to promote domestic manufacturing through ease of doing business and Production Linked Incentives (PLIs) in select sectors including mobile phones & electronic components and medical devices & bulk drugs. Government had also sensitized stakeholders to source critical imports from diversified sources through the active support of the Indian missions abroad.
Goyal said the full impact of these measures on the industry would be discernible as the global economy recovered from the recessionary effects of the pandemic.
Following is the comparative list of India’s top 50 Import of Principal Commodity Groups from China, during April- July, 2019 and April- July 2020
| RANK | COMMODITY GROUPS | 2019-20 (APR-JUL) | 2020-21 (APR-JUL) | |||
| IMPORT FROM CHINA | IMPORT FROM CHINA | |||||
| VAL (MILL US $) | VAL (MILL US $) | |||||
| 1 | ELECTRONICS COMPONENTS | 2029.44 | 1156.15 | |||
| 2 | TELECOM INSTRUMENTS | 1850.10 | 1509.13 | |||
| 3 | COMPUTER HARDWARE, PERIPHERALS | 1589.51 | 1395.34 | |||
| 4 | INDL. MACHNRY FOR DAIRY ETC | 1423.96 | 931.77 | |||
| 5 | ORGANIC CHEMICALS | 1248.71 | 1069.92 | |||
| 6 | ELECTRIC MACHINERY AND EQUIPME | 916.61 | 497.50 | |||
| 7 | RESIDUL CHEMICL AND ALLED PROD | 906.74 | 857.36 | |||
| 8 | BULK DRUGS, DRUG INTERMEDIATES | 860.85 | 859.66 | |||
| 9 | ELECTRONICS INSTRUMENTS | 801.71 | 706.72 | |||
| 10 | CONSUMER ELECTRONICS | 680.02 | 473.76 | |||
| 11 | FERTILEZERS MANUFACTURED | 581.24 | 361.20 | |||
| 12 | AC, REFRIGERATION MACHNRY ETC | 589.52 | 379.40 | |||
| 13 | PRODUCTS OF IRON AND STEEL | 600.90 | 385.43 | |||
| 14 | PLASTIC RAW MATERIALS | 521.71 | 272.91 | |||
| 15 | AUTO COMPONENTS/PARTS | 424.32 | 246.33 | |||
| 16 | IRON AND STEEL | 438.68 | 309.22 | |||
| 17 | MANMADE YARN,FABRICS,MADEUPS | 379.03 | 185.57 | |||
| 18 | OTHER MISC. ENGINEERING ITEMS | 373.00 | 214.88 | |||
| 19 | ALUMINIUM, PRODUCTS OF ALUMINM | 408.77 | 174.29 | |||
| 20 | OTHER COMMODITIES | 339.45 | 203.27 | |||
| 21 | ACCUMULATORS AND BATTERIES | 329.55 | 140.66 | |||
| 22 | PLASTC SHT, FILM, PLTS ETC | 287.50 | 145.95 | |||
| 23 | MACHINE TOOLS | 259.52 | 153.80 | |||
| 24 | GLASS AND GLASSWARE | 266.51 | 129.06 | |||
| 25 | AGRO CHEMICALS | 321.43 | 377.65 | |||
| 26 | CRANES, LIFTS AND WINCHES | 200.29 | 189.18 | |||
| 27 | INORGANIC CHEMICALS | 248.01 | 164.56 | |||
| 28 | MEDICAL AND SCIENTIFIC INSTRUM | 200.53 | 205.64 | |||
| 29 | OTH NON FEROUS METAL AND PRODC | 199.40 | 112.80 | |||
| 30 | OTHER CONSTRUCTION MACHINERY | 196.83 | 149.79 | |||
| 31 | MOULDED AND EXTRUDED GOODS | 191.43 | 108.82 | |||
| 32 | OTHER PLASTIC ITEMS | 204.52 | 66.76 | |||
| 33 | OTHER MISCELLAENIOUS CHEMICALS | 212.37 | 240.96 | |||
| 34 | PAPER, PAPER BOARD AND PRODUCT | 208.02 | 101.74 | |||
| 35 | OTH TXTL YRN, FBRIC MDUP ARTCL | 180.72 | 78.69 | |||
| 36 | CERAMICS AND ALLIED PRODUCTS | 165.58 | 97.36 | |||
| 37 | PROJECT GOODS | 153.30 | 107.10 | |||
| 38 | HANDCRFS(EXCL.HANDMADE CRPTS) | 156.28 | 168.08 | |||
| 39 | PAINT, VARNISH AND ALLID PRODC | 148.74 | 110.66 | |||
| 40 | PETROLEUM PRODUCTS | 60.58 | 68.83 | |||
| 41 | HND TOOL, CTTNG TOOL OF METALS | 113.69 | 79.47 | |||
| 42 | ATM, INJCTNG MLDING MCHNRY ETC | 118.77 | 69.71 | |||
| 43 | PLYWOOD AND ALLIED PRODUCTS | 90.05 | 39.03 | |||
| 44 | IC ENGINES AND PARTS | 89.57 | 58.78 | |||
| 45 | COTTON FABRICS, MADEUPS ETC. | 83.88 | 32.34 | |||
| 46 | PUMPS OF ALL TYPES | 70.75 | 54.97 | |||
| 47 | RAILWY TRNSPRT EQUIPMNTS, PRTS | 76.36 | 57.98 | |||
| 48 | PRIME MICA AND MICA PRODUCTS | 66.08 | 37.97 | |||
| 49 | FOOTWEAR OF RUBBER/CANVAS ETC. | 66.02 | 22.24 | |||
| 50 | DYE INTERMEDIATES | 77.26 | 47.14 | |||
| Total IMPORT of 50 Commodities | 22007.79 | 15607.52 | ||||
| TOTAL IMPORT | 23452.75 | 16600.74 | ||||
| Note: Figures pertaining to FY:2020-21, are provisional and subject to change
(Manas Dasgupta)
|
||||||