India’s Foreign Trade Update :

#India's #ForeignTrade update for month of September 2014.

#Imports stood at US $ 43,150.70 million or Rs.2,62,636.30 crore i.e growth of +25.96% in Dollar terms and a growth of +20.25% in Rupee terms during the same period last year.

#Exports stood at US $ 28,903.28 million or Rs.1,75,919.53 crore ie growth of +2.73% in

Dollar terms and -1.92% lower in Rupee terms

#IndiaImports #IndiaExports #IndiaForeignTradeMerchandise #IndiaTradeDataUpdate

#InternationalTrade

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Press Release :

EXPORTS (including re-exports)

Exports during September, 2014 were valued at US $ 28903.28 million (Rs.175919.53 crore)

which was 2.73 per cent higher in Dollar terms (1.92 per cent lower in Rupee terms) than

the level of US $ 28135.90 million (Rs. 179372.28 crore) during September, 2013.

Cumulative value of exports for the period April-September 2014-15 was US $ 163701.40

million (Rs 985539.11 crore) as against US $ 153754.85 million (Rs 910882.94 crore)

registering a growth of 6.47 per cent in Dollar terms and growth of 8.20 per cent in Rupee terms over the same period last year.

IMPORTS

Imports during September, 2014 were valued at US $ 43150.70 million (Rs.262636.30 crore)

representing a growth of 25.96 per cent in Dollar terms and a growth of 20.25 per cent in

Rupee terms over the level of imports valued at US $ 34258.24 million (Rs. 218403.50 crore)

in September, 2013. Cumulative value of imports for the period April-September 2014-15

was US $ 234099.98 million (Rs 1409466.83 crore) as against US $ 230479.32 million (Rs

1355761.53 crore) registering a growth of 1.57 per cent in Dollar terms and growth of 3.96 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during September, 2014 were valued at US $ 14497.3 million which was 9.7 per

cent higher than oil imports valued at US $ 13213.0 million in the corresponding period last

year. Oil imports during April-September, 2014-15 were valued at US $ 82476.7 million

which was 3.1 per cent higher than the oil imports of US $ 80012.4 million in the

corresponding period last year.

Non-oil imports during September, 2014 were estimated at US $ 28653.4 million which was

36.2 per cent higher than non-oil imports of US $ 21045.2 million in September, 2013. Non-

oil imports during April-September, 2014-15 were valued at US $ 151623.2 million which

was 0.8 per cent higher than the level of such imports valued at US $ 150466.9 million in

April-September, 2013-14.

TRADE BALANCE

The trade deficit for April-September, 2014-15 was estimated at US $ 70398.58 million

which was lower than the deficit of US $ 76724.47 million during April-September, 2013-14.

However, the trade deficit for the month of September 2014 stands at US $ 14247.42

million which was 132.71 per cent higher than the value of US $ 6122.34 million in

September 2013. This phenomenal increase in trade deficit is mainly due to rise in imports

without adequate rise in exports. Imports have increased mainly due to unusual growth of

449.7 per cent in imports of Gold and 105.6 per cent in imports of Metalliferous Ores &

Other Minerals over the same period last year. Both these items have a high value in the

import basket with Gold having a value of US $ 3751.87 million and Metalliferous Ores &

Other Minerals having a value of US $ 817.79 million in September 2014.

INDIA’S FOREIGN TRADE (SERVICES): AUGUST, 2014

(As per the RBI Press Release dated 14th October, 2014)

A. EXPORTS (Receipts)

Exports during August, 2014 were valued at US $ 12242 Million (Rs. 74547.90 Crore).

B. IMPORTS (Payments)

Imports during August, 2014 were valued at US $ 6767 Million (Rs. 41207.78 Crore).

C. TRADE BALANCE

The trade balance in Services (i.e. net exports of Services) for August, 2014 was estimated at US $ 5475 Million.

EXPORTS & IMPORTS (MERCHANDISE): (US $ Million)

(PROVISIONAL)

SEPTEMBER APRIL-SEPTEMBER

EXPORTS(including re-exports)

2013-14 28135.90 153754.85

2014-15 28903.28 163701.40

%Growth2014-15/ 2013-14 2.73 6.47

IMPORTS

2013-14 34258.24 230479.32

2014-15 43150.70 234099.98

%Growth 2014-15/ 2013-14 25.96 1.57

TRADE BALANCE

2013-14 -6122.34 -76724.47

2014-15 -14247.42 -70398.58

EXPORTS & IMPORTS (MERCHANDISE): (Rs. Crore)

(PROVISIONAL) SEPTEMBER APRIL-SEPTEMBER

EXPORTS(including re-exports)

2013-14 179372.28 910882.94

2014-15 175919.53 985539.11

%Growth 2014-15/ 2013-14 -1.92 8.20

IMPORTS

2013-14 218403.50 1355761.53

2014-15 262636.30 1409466.83

%Growth 2014-15/ 2013-14 20.25 3.96

TRADE BALANCE

2013-14 -39031.22 -444878.59

2014-15 -86716.77 -423927.72

EXPORTS & IMPORTS (SERVICES) : (US $ Million)

(PROVISIONAL)

August 2014-15

EXPORTS (Receipts) 12242.00

IMPORTS (Payments) 6767.00

TRADE BALANCE 5475.00

EXPORTS & IMPORTS (SERVICES): (Rs. Crore)

(PROVISIONAL) August 2014-15

EXPORTS (Receipts) 74547.90

IMPORTS (Payments) 41207.78

TRADE BALANCE 33340.12

For quick estimates for selected major commodities for September 2014

Trade: Export

Annexure - I Sl. No. Commodities (Values in Million

USD)

% change

SEP'13 SEP'14 SEP'14

1 Tea 77.96 74.87 -3.96

2 Coffee 51.38 58.26 13.39

3 Rice 583.63 687.15 17.74

4 Other cereals 39.85 46.66 17.09

5 Tobacco 108.08 84.61 -21.72

6 Spices 232.05 207.61 -10.53

7 Cashew 62.74 63.39 1.04

8 Oil Meals 192.98 53.07 -72.50

9 Oil seeds 77.31 97.09 25.59

10 Fruits &

Vegetables

159.64 156.00 -2.28

11 Cereal preparations & miscellaneous

processed items

103.67 104.10 0.41

12 Marine Products 526.87 597.12 13.33

13 Meat, dairy & poultry products

500.59 548.98 9.67

14 Iron Ore 155.54 15.88 -89.79

15 Mica, Coal & Other Ores,

Minerals including processed

minerals

290.60 313.49 7.88

16 Leather & leather products

456.98 519.67 13.72

17 Ceramic products &

glassware

109.22 169.64 55.32

18 Gems & Jewellery

3959.38 4397.18 11.06

19 Drugs & Pharmaceuticals

1220.60 1263.11 3.48

20 Organic &

Inorganic Chemicals

1047.65 1122.18 7.11

21 Engineering Goods

5395.92 6485.11 20.19

22 Electronic Goods 682.17 563.63 -17.38

23 Cotton

Yarn/Fabrics/made-ups, Handloom

Products etc.

955.38 943.73 -1.22

24 Man-made Yarn/Fabrics/made-ups etc.

428.75 474.51 10.67

25 RMG of all

Textiles

1116.45 1293.64 15.87

26 Jute Manufacturing including Floor

Covering

32.97 28.88 -12.41

27 Carpet 99.24 153.14 54.31

28 Handicrafts excluding hand made carpet

230.99 111.63 -51.67

29 Petroleum

Products

6948.51 6023.56 -13.31

30 Plastic & Linoleum

519.63 495.82 -4.58

Sub-Total 26366.73 27153.71 2.98

GRAND TOTAL 28135.90 28903.28 2.73