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India s Foreign Trade (Merchandise) February 2016

News and Press Release - Dated:- 15-3-2016 - Press Information Bureau Government of India Ministry of Commerce & Industry 15-March-2016 18:13 IST I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports during February, 2016 were valued at US$ 20738.60 million (Rs. 141515.41crore) which was 5.66 per cent lower in Dollar terms (3.77 per cent higher in Rupee terms) than the level of US$ 21983.43 million (Rs. 136379.94 crore) during February, 2015. Cumulative value of exports for the period .....

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to US$ 232157.85 million for the corresponding period in 2015, a reduction of 8.98%. The trend of falling exports is in tandem with other major world economies. The growth in exports have fallen for USA (10.35%), European Union (7.62%) and China (1.67%) for December 2015 over the corresponding period previous year as per WTO statistics. IMPORTS Imports during February, 2016 were valued at US$ 27280.42 million (Rs. 186155.30 crore) which was 5.03 per cent lower in Dollar terms and 4.46 per cent .....

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US$ 4767.69 million which was 21.92 per cent lower than oil imports valued at US$ 6106.33 million in the corresponding period last year. Oil imports during April-February, 2015-16 were valued at US$ 77862.30 million which was 40.52 per cent lower than the oil imports of US$ 130906.99 million in the corresponding period last year. Non-oil imports during February, 2016 were estimated at US$ 22512.73 million which was 0.47 per cent lower than non-oil imports of US$ 22619.05 million in February, 201 .....

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a growth of -10.44 per cent) as compared to positive growth (16.80 per cent) during December 2015 (as per RBI s Press Release for the respective months). IMPORTS (Payments) Imports during January, 2016 were valued at US$ 6841 Million (Rs. 46007.30 Crore). III.TRADE BALANCE MERCHANDISE: The trade deficit for April-February, 2015-16 was estimated at US$ 113388.50 million which was lower than the deficit of US$ 126298.78 million during April-February, 2014-15. SERVICES: As per RBI s Press Release d .....

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