Measurement of International Trade & Economic Development Report: EEPC India

Market Info > Export Statistics

• India's Engineering Export performance

Accounting for 3% of the total GDP, the Indian engineering sector forms a crucial backbone of the Indian economy. The sector contributes more than 24 percent to India’s total exports and remains the largest foreign exchange earner. Additionally the sector also contributes approximately 36% of the total manufacturing export. In fact India’s engineering exports recorded a significant hike for two consecutive years of 2017-18 and 2018-19 as is indicated in the figure below. Exports fell somewhat in 2019-20 due to several global trade issues that include US-China trade dispute and increased protectionism among European economies and high raw material prices within the country. India’s engineering exports stood at USD 76.3 billion in 2019-20 as against USD 81 billion during fiscal 2018-19 dropping by 16.5 percent.

Source: DGCI&S

• Transformation

EEPC India played instrumental role in transformation of India’s engineering export basket.

Composition of Indian Engineering Export (1956-57)

Source: DGCI&S

Today, out of total engineering exports, the proportion of consumer durables decreased from 34% in 1956-57 to 19.4% in 2019-20, while the proportion of capital goods increased considerably from 12% in 1956-57 to 58% in 2019-20.

• Diversification

During the nascent stage, Indian engineering exports were mainly confined to Asia and to a small extent to Africa. Over the years, the scenario has completely changed and as of date, about 39% of total engineering exports are made to EU and North America. A table showing region wise exports share percentage out of total engineering exports is given below:

Region wise Export of Engineering Goods (1956-57)

Source: DGCI&S

Region wise Export of Engineering Goods (2019-20)

Source: DGCI&S

Panel wise India’s engineering exports in 2019-20

US$ Million

Product Panel	MARCH, 2019	MARCH, 2020	Growth	APRIL,2018 - MARCH,2019	APRIL,2019 - MARCH,2020	Growth
Iron and Steel and Products made of Iron and Steel
Iron and Steel	906.93	627.05	-30.9	9731.16	9260.74	-4.8
Products of Iron and Steel	723.35	461.36	-36.2	7259.37	7004.58	-3.5
Sub Total	1630.28	1088.41	-33.24	16990.5	16265.3	-4.27
Non-Ferrous Metals and Products made of Non-Ferrous Metals
Copper and products	128.83	57.88	-55.07	1067.18	918.11	-13.97
Aluminium and products	490.7	381.49	-22.26	5730.87	5114.52	-10.75
Zinc and products	36.86	56.54	53.39	603.01	569.07	-5.63
Nickel and products	5.58	4.14	-25.81	73.55	98.74	34.25
Lead and products	37.86	26.57	-29.82	402.9	372.06	-7.65
Tin and products	1.25	0.48	-61.60	9.83	9.86	0.31
Other Non-Ferrous Metals	53.5	39.11	-26.90	545.67	546.37	0.13
Sub Total	754.58	566.21	-24.96	8433.01	7628.73	-9.54
Industrial Machinery
Industrial Machinery like Boilers, parts, etc	127.16	48.72	-61.7	824.42	815.68	-1.1
IC Engines and Parts	269.85	188.36	-30.2	2759.32	2555.68	-7.4
Pumps of all types	100.18	62.33	-37.78	1002.73	959.07	-4.35
Air condition and Refrigerators	189.77	95.74	-49.5	1983.63	1383.08	-30.3
Industrial Machinery for dairy, food processing , textiles etc	628.5	414.01	-34.1	5884.8	5674.27	-3.6
Machine Tools	47.38	27.98	-40.95	491.84	438.54	-10.84
Machinery for Injecting moulding, valves and ATMs	176.18	124.23	-29.5	1631.24	1761.4	8.0
Sub Total	1539.02	961.37	-37.5	14578	13587.7	-6.79
Electrical Machinery	776.41	689.08	-11.25	8415.06	8958.81	6.46
Auto Components and parts
Motor Vehicle/cars	831.33	528.06	-36.5	8510.5	7810.65	-8.2
Two and Three Wheelers	191.49	163.44	-14.6	2126.31	2110.78	-0.7
Auto Components/Part	546.73	365.77	-33.10	5784.5	5304.39	-8.30
Sub Total	1569.55	1057.27	-32.64	16421.31	15225.82	-7.28
Aircrafts and Spacecraft parts and products	175.74	77.4	-55.96	1715.28	1427.19	-16.80
Ships Boats and Floating products and parts	1845.15	239.72	-87.01	5699.6	4563.9	-19.93
Other engineering products
Medical and Scientific instruments	169.63	129.11	-23.89	1684.87	1768.37	4.96
Railway Transport	48.52	5.4	-88.87	377.14	238.95	-36.64
Hand Tools & Cutting Tools	71.84	49.32	-31.35	764.48	752.45	-1.57
Electrodes Accumulators	5.32	3.94	-25.94	54.2	55.22	1.88
Accumulator and Batteries	33.31	25.96	-22.07	375.37	410.83	9.45
Bicycle & Parts	42.03	24.47	-41.78	396.28	373.15	-5.84
Cranes Lifts & Winches	53.46	41.73	-21.94	503.66	566.34	12.44
Office Equipment	14.49	11.88	-18.01	141.27	189.24	33.96
Other Construction Machinery	160.83	88.1	-45.22	1660.78	1406.39	-15.32
Prime Mica & Mica Products	3.69	1.95	-47.15	34.33	39.43	14.86
OTHER MISC. ITEMS	268.45	205.58	-23.42	2710.39	2817.68	3.96
Sub Total	871.57	587.44	-32.60	8702.77	8618.05	-0.97
Total engineering exports	9162.3	5266.9	-42.52	80955.54	76275.54	-5.78

Source: DGCI&S

	Address	‘Vanijya Bhawan’, 1st Floor International Trade Facilitation Centre 1/1, Wood Street Kolkata 700016
	Phone	(+91 33) 22890651/52
	Fax	(+91 33) 22890654
	Email	eepcho@eepcindia.net

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