India’s Foreign Trade (Merchandise): September, 2015

A. EXPORTS (including re-exports) 

Exports during September, 2015 were valued at US$ 21844.98 million (Rs. 144652.67 crore) which was 24.33 per cent lower in Dollar terms (17.67 per cent lower in Rupee terms) than the level of US$ 28867.71 million (Rs.175703.03crore) during September, 2014. Cumulative value of exports for the period April-September 2015-16 was US$ 132939.45 million (Rs. 853586.59 crore) as against US$ 161397.35 million (Rs. 971716.43 crore) registering a negative growth of 17.63 per cent in Dollar terms and 12.16 per cent in Rupee terms over the same period last year.

B. IMPORTS

Imports during September, 2015 were valued at US$ 32323.68 million (Rs. 214040.28 crore) which was 25.42 per cent lower in Dollar terms and 18.86 per cent lower in Rupee terms  over the level of imports valued at US$ 43341.75 million (Rs. 263799.12 crore) in September, 2014. Cumulative value of imports for the period April-September 2015-16  was US$ 200934.24 million (Rs.1290218.42 crore) as against US$ 234089.43 million (Rs.1409403.56 crore) registering a negative growth of 14.16 per cent in Dollar terms and 8.46 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during September, 2015 were valued at US$ 6626.59 million which was 54.53 per cent lower than oil imports valued at US$ 14573.17 million in the corresponding period last year. Oil imports during April-September, 2015-16 were valued at US$ 48128.96 million which was 41.58 per cent lower than the oil imports of US$ 82378.98 million in the corresponding period last year.

Non-oil imports during September, 2015 were estimated at US$ 25697.09 million which was 10.68 per cent lower than non-oil imports of US$ 28768.58 million in September, 2014. Non-oil imports during April-September, 2015-16 were valued at US$ 152805.28 million which was 0.72 per cent higher than the level of such imports valued at US$ 151710.45 million in April-September, 2014-15.

D. TRADE BALANCE

The trade deficit for April-September, 2015-16 was estimated at US$ 67994.79 million which was lower than the deficit of US$ 72692.08 million during April-September, 2014-15.

INDIA’S FOREIGN TRADE (SERVICES): August, 2015

(As per the RBI Press Release dated 15^th October, 2015)

A.      EXPORTS (Receipts)

Exports during August, 2015 were valued at US$ 13580 Million (Rs. 88368.18 Crore).

B.     IMPORTS (Payments)

Imports during August, 2015 were valued at US$ 7773 Million (Rs. 50580.70 Crore).

C.     TRADE BALANCE

The trade balance in Services (i.e. net export of Services) for August, 2015 was estimated at US$ 5807 Million.