Question : Covid Impact on Exports

(a) whether it is true that there is a big impact on exports due to complete shutdown in the wake of Covid-19 and if so, the details thereof;
(b) whether the Government has any estimate on exports from India during the lockdown period and if so, the details thereof;
(c) whether the Government has made any assessment of the loss on the economy due to fall in major exports of crops; and
(d) if so, the details of the estimated loss of overall exports including agri-exports in the country?

Answer given by the minister

THE MINISTER OF COMMERCE AND INDUSTRY
(SHRI PIYUSH GOYAL)


(a) to (d): The month-wise details of India’s Exports (merchandise plus services) are given below:
Months Value of Overall Export
(merchandise plus services)
(in US$ million) % Change over the corresponding month of previous year
Apr-20 26,721.21 -39.41
May-20 35,947.65 -25.92
Jun-20 38,907.34 -10.72
(Apr-June) 2020 1,01,576.19 -25.42
Source: DGCI&s, Kolkata (Figures are provisional) and RBI
The latest merchandise exports show a further recovery with export decline reducing to (-) 12.66% in August, 2020.
Exports of major agriculture products for the period April to June 2020 is given below:
Products 2019-20 (April - June) 2020-21 (April -June) % change
Value
(Rs. Crores) Value
(Rs. Crores)
Floriculture & Seeds 444 3,12 -29.7
Fruits & Vegetables 2,685 2,829 5.4
Processed Fruits &Vegs 1,918 2,359 23.0
Livestock products 6,594 3,668 -44.4
Other Processed Foods 4,842 4,049 -16.4
Cereals 12,658 15,107 19.3
Total 29,142 28,324 -2.8
Source: DGCIS (Provisional Data, Principal Commodities)

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