9911796707
TMI BlogIndia’s Foreign Trade: January 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... India’s Foreign Trade: January 2018 X X X X Extracts X X X X X X X X Extracts X X X X ..... owth over the corresponding month of last year areEngineering Goods (15.77%), Petroleum Products (39.5%), Gems & Jewellery (0.89%), Organic & Inorganic Chemicals (33.6%) and Drugs & Pharmaceuticals (8.6%). Cumulative value of exports for the period April-January 2017-18 was US$247896.55 million (Rs1596591.91crore) as against US $221823.46million (Rs1490544.21 crore) registering a positive growth of 11.75 per cent in Dollar terms and 7.11 per cent in Rupee terms over the same period last year. Non-petroleum and Non Gems & Jewellery exports in January 2018 were valued at US$ 17523.24 million as against US$ 16607.36 million in January 2017, an increase of 5.51%. Non-petroleum and Non Gems and Jewellery exports during April-January 2017-18 we ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re valued at US$ 181238.18 million as compared to US$ 161281.88 million for the corresponding period in 2016-17, an increase of 12.37%. IMPORTS Imports during January 2018 were valued at US$ 40682.44 million (Rs258890.43 crore) which was 26.10 per cent higher in Dollar terms and 17.87 per cent higher in Rupee terms over the level of imports valued at US$ 32261.14 million (Rs. 219635.13 crore) in January 2017. Cumulative value of imports for the period April-January 2017-18 was US$ 379052.07million (Rs. 2441180.27 crore) as against US$ 310160.46 million (Rs. 2084786.99crore) registering a positive growth of 22.21 per cent in Dollar terms and 17.09per cent in Rupee terms over the same period last year. Major commodity groups of import sho ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... wing high growth in January 2018 over the corresponding month of last year are Petroleum, Crude & products (42.64%), Electronic goods (12.19%), Machinery, electrical & non-electrical (29.11%), Pearls, precious & Semi-precious stones (55.71%) and Coal, Coke & Briquettes, etc. (31.67%). CRUDE OIL AND NON-OIL IMPORTS: Oil imports during January 2018 were valued at US$ 11659.07million which was 42.64percent higher than oil imports valued at US$ 8173.96million in January 2017.Oil imports during April-January 2017-18 were valued at US$ 87807.92 million which was 26.35per cent higher than the oil imports of US$ 69493.68 million in the corresponding period last year. In this connection it is mentioned that the global Brent prices ($/bbl) have i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncreased by 25.69% in January 2018 vis-à-vis January 2017 as per World Bank commodity price data (The pink sheet). Non-oil imports during January 2018 were estimated at US$ 29023.37 million which was 20.49 per cent higher than non-oil imports of US$ 24087.18 million in January 2017 Non-oil imports during April-January 2017-18 were valued at US$ 291244.15 million which was 21.02 per cent higher than the level of such imports valued at US$ 240666.78 million in April-January, 2016-17. II. TRADE IN SERVICES (for December, 2017, as per the RBI Press Release dated 15th February 2018) EXPORTS (Receipts) Exports during December2017 were valued at US$ 16,005million (Rs. 102819.83Crore) registering apositive growth of 3.98per cent in dol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lar terms as compared to positive growth of 8.76per cent during November2017 (as per RBI's Press Release for the respective months). IMPORTS (Payments) Imports during December2017 were valued at US$ 9,859million (Rs. 63336.50Crore) registering a positivegrowth of 2.20per cent in dollar terms as compared topositive growth of 10.89per cent during November2017 (as per RBI's Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for January 2018 was estimated at US$ 16298.47millionas against the deficit of US$ 9904.82million during January 2017. SERVICES: As per RBI's Press Release dated 15th February 2018, the trade balance in Services (i.e. net export of Services) for December, 2017 was estimated at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... US$ 6,146million. OVERALL TRADE BALANCE:Taking merchandise and services together, overall trade deficit for April-January 2017-18 is estimated at US$ 80215.52million as compared to US$ 40021.00million during April-January 2016-17. (Services data pertains to April-December2017-18 as December2017 is the latest data available as per RBI's Press Release dated 15th February2018) … MERCHANDISE TRADE EXPORTS & IMPORTS: (US $ Million) (PROVISIONAL) JANUARY APRIL-JANUARY EXPORTS (including re-exports) 2016-17 22356.32 221823.46 2017-18 24383.97 247896.55 %Growth 2017-18/ 2016-17 9.07 11.75 IMPORTS 2016-17 32261.14 310160.46 2017-18 40682.44 379052.07 %Growth 2017-18/ 2016-17 26.10 22.21 TRADE BALANCE 2016-17 -9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 904.82 -88337.00 2017-18 -16298.47 -131155.52 EXPORTS & IMPORTS: (Rs. Crore) (PROVISIONAL) JANUARY APRIL-JANUARY EXPORTS(including re-exports) 2016-17 152202.70 1490544.21 2017-18 155172.00 1596591.91 %Growth 2017-18/ 2016-17 1.95 7.11 IMPORTS 2016-17 219635.13 2084786.99 2017-18 258890.43 2441180.27 %Growth 2017-18/ 2016-17 17.87 17.09 TRADE BALANCE 2016-17 -67432.43 -594242.78 2017-18 -103718.43 -844588.37 SERVICES TRADE EXPORTS & IMPORTS (SERVICES) : (US $ Million) (Provisional) December 2017 EXPORTS (Receipts) 16005 IMPORTS (Payments) 9859 TRADE BALANCE 6146 EXPORTS & IMPORTS (SERVICES): (Rs. Crore) (Provisional) December 2017 EXPORTS (Receipts) 102819.83 IMPORTS (Payments) 63336.50 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TRADE BALANCE 39483.33 Source: RBI Press Release dated 15th February, 2018 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR JANUARY 2018 TRADE: EXPORT Sl. No. Commodities (Values in Rs. crores) % change JAN'17 JAN'18 JAN'18 1 Tea 426.85 448.93 5.17 2 Coffee 353.98 336.20 -5.02 3 Rice 3526.19 4211.61 19.44 4 Other cereals 166.74 89.77 -46.16 5 Tobacco 386.49 503.59 30.30 6 Spices 1480.06 1421.30 -3.97 7 Cashew 440.15 423.87 -3.70 8 Oil Meals 660.94 594.70 -10.02 9 Oil seeds 1053.55 537.14 -49.02 10 Fruits & Vegetables 1371.80 1426.61 4.00 11 Cereal preparations & miscellaneous processed items 623.98 701.71 12.46 12 Marine Products 2739.21 3012.14 9.96 13 M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eat, dairy & poultry products 1863.36 1886.16 1.22 14 Iron Ore 1219.24 564.42 -53.71 15 Mica, Coal & Other Ores, Minerals including processed minerals 1867.09 2076.12 11.20 16 Leather & leather products 2830.84 2795.43 -1.25 17 Ceramic products & glassware 983.11 1054.39 7.25 18 Gems &Jewellery 20438.90 19274.96 -5.69 19 Drugs & Pharmaceuticals 8662.06 8793.40 1.52 20 Organic & Inorganic Chemicals 8216.87 10261.48 24.88 21 Engineering Goods 37437.27 40511.85 8.21 22 Electronic Goods 3168.90 2934.98 -7.38 23 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 6354.71 5369.18 -15.51 24 Man-made Yarn/Fabs./made-ups etc. 2764.17 2564.23 -7.23 25 RMG of all Textiles 10372.82 8883.26 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 14.36 26 Jute Mfg. including Floor Covering 186.09 180.45 -3.03 27 Carpet 808.27 708.26 -12.37 28 Handicrafts excl. handmade carpet 981.31 882.13 -10.11 29 Petroleum Products 18700.23 24384.55 30.40 30 Plastic & Linoleum 3172.23 3862.81 21.77 Sub-Total 143257.41 150695.63 5.19 GRAND TOTAL 152202.70 155172.00 1.95 Note: The figures for JANUARY'18 and JANUARY'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR JANUARY 2018 TRADE: EXPORT Sl. No. Commodities (Values in Million USD) % change JAN'17 JAN'18 JAN'18 1 Tea 62.70 70.55 12.52 2 Coffee 51.99 52.83 1.62 3 Rice 517.94 661.82 27.78 4 Other cereals 24.49 14.11 -42.38 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 Tobacco 56.77 79.13 39.39 6 Spices 217.40 223.35 2.74 7 Cashew 64.65 66.61 3.03 8 Oil Meals 97.08 93.45 -3.74 9 Oil seeds 154.75 84.41 -45.45 10 Fruits & Vegetables 201.50 224.18 11.26 11 Cereal preparations & miscellaneous processed items 91.65 110.27 20.32 12 Marine Products 402.35 473.33 17.64 13 Meat, dairy & poultry products 273.70 296.39 8.29 14 Iron Ore 179.09 88.69 -50.48 15 Mica, Coal & Other Ores, Minerals including processed minerals 274.25 326.24 18.96 16 Leather & leather products 415.81 439.28 5.64 17 Ceramic products & glassware 144.40 165.69 14.74 18 Gems &Jewellery 3002.17 3028.90 0.89 19 Drugs & Pharmaceuticals 1272.33 1381.81 8.60 20 Organic & I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... norganic Chemicals 1206.94 1612.50 33.60 21 Engineering Goods 5498.98 6366.09 15.77 22 Electronic Goods 465.46 461.21 -0.91 23 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 933.41 843.72 -9.61 24 Man-made Yarn/Fabs./made-ups etc. 406.02 402.95 -0.76 25 RMG of all Textiles 1523.61 1395.93 -8.38 26 Jute Mfg. including Floor Covering 27.33 28.36 3.77 27 Carpet 118.72 111.30 -6.25 28 Handicrafts excl. handmade carpet 144.14 138.62 -3.83 29 Petroleum Products 2746.79 3831.83 39.50 30 Plastic & Linoleum 465.95 607.01 30.27 Sub-Total 21042.37 23680.56 12.54 GRAND TOTAL 22356.32 24383.97 9.07 Note: The figures for JANUARY'18 and JANUARY'17 are provisional and subject to cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nge QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR JANUARY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Rs. crores) % change JAN'17 JAN'18 JAN'18 1 Cotton Raw & Waste 231.41 198.69 -14.14 2 Vegetable Oil 5594.51 5907.47 5.59 3 Pulses 3175.59 755.96 -76.19 4 Fruits & vegetables 1084.78 1289.83 18.90 5 Pulp and Waste paper 611.57 525.87 -14.01 6 Textile yarn Fabric, made-up articles 806.97 960.13 18.98 7 Fertilisers, Crude & manufactured 1644.24 2819.37 71.47 8 Sulphur& Unroasted Iron Pyrites 74.57 119.29 59.97 9 Metalliferous ores & other minerals 4045.71 6491.49 60.45 10 Coal, Coke & Briquettes, etc. 11378.75 14004.63 23.08 11 Petroleum, Crude & products 556 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 48.68 74194.72 33.33 12 Wood & Wood products 2462.09 3141.65 27.60 13 Leather & leather products 479.62 532.55 11.04 14 Organic & Inorganic Chemicals 8234.72 11425.26 38.74 15 Dyeing/tanning/colouring materials. 1220.81 1754.62 43.73 16 Artificial resins, plastic materials, etc. 5863.28 7821.83 33.40 17 Chemical material & products 3059.23 4088.89 33.66 18 Newsprint 451.60 289.49 -35.90 19 Pearls, precious & Semi-precious stones 10518.84 15309.91 45.55 20 Iron & Steel 6825.42 8220.34 20.44 21 Non-ferrous metals 5446.24 7257.05 33.25 22 Machine tools 1660.37 2398.56 44.46 23 Machinery, electrical & non-electrical 15849.56 19128.31 20.69 24 Transport equipment 12749.27 12398.78 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -2.75 25 Project goods 1190.97 873.33 -26.67 26 Professional instrument, Optical goods, etc. 2075.92 2325.11 12.00 27 Electronic goods 26555.36 27848.56 4.87 28 Medicinal & Pharmaceutical products 2767.31 3023.28 9.25 29 Gold 13890.79 10119.16 -27.15 30 Silver 1334.47 1650.92 23.71 Sub-Total 206932.65 246875.05 19.30 GRAND TOTAL 219635.13 258890.43 17.87 Note: The figures for JANUARY'18 and JANUARY'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR JANUARY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change JAN'17 JAN'18 JAN'18 1 Cotton Raw & Waste 33.99 31.22 -8.15 2 Vegetable Oil 821.75 928.31 12.9 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7 3 Pulses 466.45 118.79 -74.53 4 Fruits & vegetables 159.34 202.69 27.21 5 Pulp and Waste paper 89.83 82.64 -8.00 6 Textile yarn Fabric, made-up articles 118.53 150.88 27.29 7 Fertilisers, Crude & manufactured 241.51 443.04 83.45 8 Sulphur& Unroasted Iron Pyrites 10.95 18.75 71.23 9 Metalliferous ores & other minerals 594.26 1020.08 71.66 10 Coal, Coke & Briquettes, etc. 1671.37 2200.71 31.67 11 Petroleum, Crude & products 8173.96 11659.07 42.64 12 Wood & Wood products 361.64 493.68 36.51 13 Leather & leather products 70.45 83.69 18.79 14 Organic & Inorganic Chemicals 1209.56 1795.38 48.43 15 Dyeing/tanning/colouring materials. 179.32 275.72 53.76 16 Artificial resins, plas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tic materials, etc. 861.23 1229.13 42.72 17 Chemical material & products 449.36 642.53 42.99 18 Newsprint 66.33 45.49 -31.42 19 Pearls, precious & Semi-precious stones 1545.06 2405.82 55.71 20 Iron & Steel 1002.55 1291.76 28.85 21 Non-ferrous metals 799.97 1140.38 42.55 22 Machine tools 243.88 376.91 54.55 23 Machinery, electrical & non-electrical 2328.06 3005.85 29.11 24 Transport equipment 1872.68 1948.36 4.04 25 Project goods 174.94 137.24 -21.55 26 Professional instrument, Optical goods, etc. 304.92 365.37 19.82 27 Electronic goods 3900.59 4376.17 12.19 28 Medicinal & Pharmaceutical products 406.48 475.08 16.88 29 Gold 2040.35 1590.14 -22.07 30 Silver 196.01 259.43 ..... X X X X Extracts X X X X X X X X Extracts X X X X .....
32.36
Sub-Total
30395.32
38794.31
27.63
GRAND TOTAL
32261.14
40682.44
26.10
Note: The figures for JANUARY'18 and JANUARY'17 are provisional and subject to change. X X X X Extracts X X X X X X X X Extracts X X X X
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