# INDIA’S MERCHANDISE TRADE: Preliminary Data, February 2021 - Mcommerce

> India's February 2021 preliminary trade data show merchandise exports of $27.67 billion, roughly flat year on year, and imports up 6.98%. Oil meal exports rose 244% and rice exports rose 30%.

- Date: 2021-03-02 · published 2021-03-02T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/48079-india-s-merchandise-trade-preliminary-data-february-2021-mcommerce
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising Indian oil meal and rice exports signal stronger export demand for those products, while the import surge reflects tighter domestic demand conditions.

## Read by commodity

- SBM: neutral
- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-12-12 | [COMMODITIES 2026: India's surplus rice supply to weigh on global prices, reshape trade in Q1 \| S&P Global](https://feedsoft.ai/events/21591-commodities-2026-india-s-surplus-rice-supply-to-weigh-on-global-prices-reshape.md) | -2.5% | +1.7% |
| RICE | 2023-09-21 | [Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder](https://feedsoft.ai/events/34185-asia-rice-india-s-export-curbs-stall-trade-prices-in-other-hubs-decline-markets.md) | +1.3% | -0.6% |
| RICE | 2019-03-17 | [India may push exports via G2G trade for food products - The Economic Times](https://feedsoft.ai/events/60052-india-may-push-exports-via-g2g-trade-for-food-products-the-economic-times.md) | +4.5% | -2.5% |
| RICE | 2020-07-20 | [Legacy vs price: Rice exports from Vietnam and India vie for ASEAN trade post-COVID-19](https://feedsoft.ai/events/52090-legacy-vs-price-rice-exports-from-vietnam-and-india-vie-for-asean-trade-post.md) | -0.2% | +0.5% |
| RICE | 2020-02-07 | [India rice exports hit 8-year low as price rise dents demand \| Daily FT](https://feedsoft.ai/events/54542-india-rice-exports-hit-8-year-low-as-price-rise-dents-demand-daily-ft.md) | -1.6% | -4.8% |
| SBM | 2018-09-20 | [As U.S.-China trade row grows, India urges China to drop meal import ban: sources](https://feedsoft.ai/events/63013-as-u-s-china-trade-row-grows-india-urges-china-to-drop-meal-import-ban-sources.md) | +0.4% | +5.6% |
| SBM | 2021-09-21 | [Notwithstanding COVID19 induced challenges, India records close to 22% rise in export of agricultural and processed food products in April-August (2021-22) \| Ministry of Commerce and Industry](https://feedsoft.ai/events/45018-notwithstanding-covid19-induced-challenges-india-records-close-to-22-rise-in.md) | +0.2% | -4.5% |
| SBM | 2025-08-28 | [What Role Do Farm Products Have in U.S.-China Trade Deal?](https://feedsoft.ai/events/14641-what-role-do-farm-products-have-in-u-s-china-trade-deal.md) | -5.5% | -6.9% |

## Sources

- commerce.gov.in: https://www.commerce.gov.in/press-releases/indias-merchandise-trade-preliminary-data-february-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.