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India s Foreign Trade May 2016

News and Press Release - Dated:- 16-6-2016 - I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports during May,2016 were valued at US$ 22170.62 million (Rs. 148336.31 crore) which was 0.79 per cent lower in Dollar terms (4.04 per cent higher in Rupee terms) than the level of US$ 22346.75 million (Rs. 142572.92 crore) during May,2015. Cumulative value of exports for the period April-May 2016-17 was US$42739.47million (Rs. 285056.42 crore) as against US$ 44401.47 million (Rs.280973.36 crore) .....

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d considerably as the above figures indicate. The growth in exports have fallen for USA (6.15%), European Union (1.42%), Japan (0.75%) but China exhibited positive growth (11.39%) for March 2016 over the corresponding period previous year as per WTO statistics. IMPORTS Imports during May 2016 were valued at US$ 28443.52 million (Rs. 190306.19 crore) which was 13.16 per cent lower in Dollar terms and 8.93 per cent lower in Rupee terms over the level of imports valued at US$ 32752.99million (Rs. 2 .....

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corresponding period last year. Oil imports during April-May, 2016-17 were valued at US$ 11594.51 million which was 27.45 per cent lower than the oil imports of US$ 15981.59 million in the corresponding period last year. Non-oil imports during May, 2016 were estimated at US$ 22504.93 million which was 7.06 per cent lower than non-oil imports of US$ 24214.32 million in May, 2015. Non-oil imports during April-May 2016-17 were valued at US$ 42262.73 million which was 15.17 per cent lower than the .....

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ere valued at US$ 7183 Million (Rs. 47745.04 Crore) registering a negative growth of 9.13 per cent in dollar terms as compared to positive growth of 9.96 per cent during March 2016 (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for April-May, 2016-17 was estimated at US$ 11117.77 million which was lower than the deficit of US$ 21398.54 million during April-May, 2015-16. SERVICES: As per RBI s Press Release dated 15th June 2016, the trade .....

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