The Indian Paints, Tanning & Dyeing Industry export was recorded in July'22 for ?24.21 bn |Trade Surplus of ?5.05 bn
The Indian Paints, Tanning & Dyeing Industry exports in July'22 were ?24.21 bn which contributes to .95% of total merchandise Export in July'22. Here we see a trade surplus of ?5.05 bn, as imports were recorded at ?18.71 bn.
In July'22 overall, the Indian Paints, Tanning & Dyeing Industry exports increased by 5.81% year-on-year and decreased by 8.5% month-on-month as per the study by?BE Smart Exim.
In July'22, Maharashtra exported 48.38% of the overall Paints, Tanning & Dyeing Industry followed by Gujarat with 41.53%, and West Bengal with 3.27%.
The top 5 Exporting Countries are the US (export value ?2.13 bn), Bangladesh (export value ?2.02 bn), China (export value ?1.96 bn), Turkey(export value ?1.4 bn), Indonesia (export value ?0.99 bn)
The Indian Paints, Tanning & Dyeing Industry imports in July'22 were 0.34% of total merchandise Imports in the month of July'22 in terms of value.
In July'22 overall, the Indian Paints, Tanning & Dyeing Industry imports jumped by 36.86% year-on-year and decreased by 2.09% month-on-month.
In July'22, Maharashtra imported 55.15% of the overall Paints, Tanning & Dyeing Industry followed by Tamil Nadu with 14.48% & Gujarat with 10.17%.
The top 5 Importing Countries are China(import value ?7.35 bn), Germany(import value ?1.6 bn), US (import value ?1.08 bn), Spain (import value ?0.95 bn), and Italy(import value ?0.91 bn).
All India merchandise exports in July'22 were ?2538.47 bn increase of 22.54% and 52.29% compared to July'21 (export value ?2071.45 bn) and July'20 (export value ?1666.82 bn) respectively.
All India merchandise imports in July'22 were ?5465.63 increase of 66.40% and 172.40% compared to July'21 (import value ?3284.53bn) and July'20 (import value ?2006.45 bn) respectively.