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INDIA’S FOREIGN TRADE: August 2017

News and Press Release - Dated:- 16-9-2017 - I. MERCHANDISE TRADE EXPORTS (including re-exports) In continuation with the positive growth exhibited by exports for the last twelve months, exports during August 2017 have shown growth of 10.29 per cent in dollar terms valued at US $ 23818.83 million as compared to US $ 21597.09 million during August,2016. In Rupee terms, during August 2017 exports were valued at ₹ 152365.23 crore as compared to ₹ 144570.03 crore during August,2016, regi .....

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e) registering a positive growth of 8.57 per cent in Dollar terms and 4.34 per cent in Rupee terms over the same period last year. Non-petroleum and Non Gems & Jewellery exports in August 2017 were valued at US $ 17742.94 million against US $ 15500.73 million in August 2016, an increase of 14.47%. Non-petroleum and Non Gems and Jewellery exports during April -August 2017-18 were valued at US $ 87438.57 million as compared to US $ 79622.79 million for the corresponding period in 2016-17, an i .....

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26.63 per cent in Dollar terms and 21.68 per cent in Rupee terms over the same period last year. Major commodity group of imports showing high growth in August 2017 over the corresponding month of last year are Petroleum, Crude & products (14.22%), Electronic goods (27.44%), Machinery, electrical & non-electrical (18.35%), Gold (68.90%) and Pearls, precious & Semi-precious stones (30.88%). CRUDE OIL AND NON-OIL IMPORTS: Oil imports during August, 2017 were valued at US $ 7754.75 mill .....

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imports during August, 2017 were estimated at US $ 27708.04 million which was 23.07 per cent higher than non-oil imports of US $ 22513.73 million in August, 2016. Non-oil imports during April-August 2017-18 were valued at US $ 142942.32 million which was 28.91 per cent higher than the level of such imports valued at US $ 110884.90 million in April-August, 2016-17. II. TRADE IN SERVICES (for July, 2017, as per the RBI Press Release dated 15th September, 2017) EXPORTS (Receipts) Exports during Jul .....

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