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INDIA S FOREIGN TRADE December 2016

News and Press Release - Dated:- 13-1-2017 - I. MERCHANDISE TRADE EXPORTS (including re-exports) In consonance with the revival exhibited by exports in the last three months, during December,2016 exports continue to show a positive growth of 5.72 per cent in dollar terms (valued at US$ 23884.97 million) and 7.79 per cent in Rupee terms (valued at ₹ 162179.89 crore) as compared to US$ 22593.35 million (Rs. 150461.57 crore) during December,2015. Cumulative value of exports for the period Apr .....

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illion as compared to US$ 172960.12 million for the corresponding period in 2015, an increase of 2.2%. The growth in exports is negative for USA (-1.21%),China(-7.45%) and EU(-6.27%) but exhibited positive growth in case of Japan(3.79%) for October 2016 over the corresponding period of previous year as per latest WTO statistics. IMPORTS Imports during December 2016 were valued at US$ 34254.32 million (Rs. 232588.18 crore) which was 0.46 per cent higher in Dollar terms and 2.43 per cent higher in .....

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2 million which was 14.61 percent higher than oil imports valued at US$ 6670.61 million in December 2015. Oil imports during April-December, 2016-17 were valued at US$ 60921.83 million which was 10.76 per cent lower than the oil imports of US$ 68267.37 million in the corresponding period last year. Non-oil imports during December, 2016 were estimated at US$ 26608.90 million which was 2.98 per cent lower than non-oil imports of US$ 27425.88 million in December, 2015. Non-oil imports during April- .....

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2016 (as per RBI s Press Release for the respective months). IMPORTS (Payments) Imports during November 2016 were valued at US$ 8323 Million (Rs. 56284.87 Crore) registering a positive growth of 8.37 per cent in dollar terms as compared to negative growth of 7.51 per cent during October 2016 (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for April-December, 2016-17 was estimated at US$ 76548.17 million which was 23.51% lower than the defi .....

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