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INDIA S FOREIGN TRADE August 2016

News and Press Release - Dated:- 16-9-2016 - I. MERCHANDISE TRADE EXPORTS (including re-exports) During August,2016 exports were valued at US$ 21518.60 million (Rs.144044.67 crore) which was 0.30 per cent lower in Dollar terms (2.56 per cent higher in Rupee terms) than the level of US$ 21582.67 million (Rs.140443.43 crore) during August,2015. Cumulative value of exports for the period April-August 2016-17 was US$ 108519.94 million (Rs.726776.04 crore) as against US$ 111853.88 million (Rs.713808. .....

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ave fallen for USA (-4.35%), EU (-2.16%), China (-4.94%) but Japan exhibited positive growth (8.67%) for June 2016 over the corresponding period of previous year as per latest WTO statistics. IMPORTS Imports during August 2016 were valued at US$ 29192.74 million (Rs.195415.03 crore) which was 14.09 per cent lower in Dollar terms and 11.63 per cent lower in Rupee terms over the level of imports valued at US$ 33981.73 million (Rs.221126.92) in August,2015. Cumulative value of imports for the perio .....

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2016-17 were valued at US$ 32410.81 million which was 22.08 per cent lower than the oil imports of US$ 41593.53 million in the corresponding period last year. Non-oil imports during August, 2016 were estimated at US$ 22448.89 million which was 15.65 per cent lower than non-oil imports of US$ 26613.98 million in August, 2015. Non-oil imports during April-August 2016-17 were valued at US$ 110778.68 million which was 13.89 per cent lower than the level of such imports valued at US$ 128640.77 milli .....

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registering a negative growth of 11.68 per cent in dollar terms as compared to positive growth of 5.89 per cent during June 2016 (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for April-August, 2016-17 was estimated at US$ 34669.55 million which was 40.61% lower than the deficit of US$ 58380.42 million during April-August, 2015-16. SERVICES: As per RBI s Press Release dated 15th September 2016, the trade balance in Services (i.e. net expo .....

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