The import export data of India for the first quarter (Apr-Jun) (Q1) of year 2020-21 is analysed to provide insights.

This analysis is important as India’s gross domestic product (GDP) declined sharply by 23.9 per cent during the same period due to Covid-19 lockdown across the country.
The data reveals many important finding in terms of volumes of trade across the segments as well as major countries from/to India was trading in this difficult time as compared to first quarter (Q1) of the last year (Apr-Jun 2019-20).

In this blog, we are publishing the major findings from the first quarter (Q1) of this year 2020-21 which is a snapshot of our comprehensive report on import export of milk and milk products.

Change over same period last year:

• There is a decline in the export in both volume and value terms. The export volume has declined by 40% and 34% decline in value terms.
• Opposite to export trend, the import volume and value shows 55% and 12% increase respectively as compared to last year same period.
• The net export was declined from 6.3 thousand tonnes (Apr-Jun 2019-20) to negative 11.6 thousand tonnes in Apr-Jun 2020-21.

Export:

• The major export categories like Butter & Ghee, Lactose and Malted products registered a significant decline in both volume and value terms.
• Positive movement can be seen in products like Milk & Cream, Casein, Milk Albumin and Whey but their share in total export is very less.

Import:

• The major import category is Lactose, increase in both volume (79%) and value terms (32%). Though the share of Malted products, Butter & Ghee, Casein and Milk Powder is less in total import but registered an increase in the import compared to last year same period.
• Two categories Lactose and Whey contributes to more than 80% of the total import in terms of volume but their share is almost 50% in value terms.

To get category-wise and country-wise comprehensive report/data on import export of milk and milk products, feel free to contact on dairyoutlook@gmail.com