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India’s Foreign Trade: January 2018

News and Press Release - Dated:- 15-2-2018 - I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports during January 2018 have exhibited positive growth of 9.07per cent in dollar terms vis-à-vis January 2017. Exports have been on a positive trajectory since August 2016 to January 2018 with a dip of 1.1 per cent in the month of October 2017. Exports during January 2018valued at US$ 24383.97 million as compared to US$ 22356.32 million during January 2017. In Rupee terms, exports were val .....

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lion (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 were valued at US$ 181238.18 million as c .....

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$ 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 showing 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. ( .....

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018 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, .....

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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 US$ 6,146million. OVERALL TRADE BALANCE:Taki .....

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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 -9904.82 -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/ .....

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ODITIES 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 .....

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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 -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 & .....

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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. .....

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cluding 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 change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR JANUARY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Rs. crores) .....

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Coke & Briquettes, etc. 11378.75 14004.63 23.08 11 Petroleum, Crude & products 55648.68 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 .....

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ucts 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 .....

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