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INDIA’S FOREIGN TRADE: February 2018

News and Press Release - Dated:- 16-3-2018 - I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports during February 2018 have exhibited positive growth of 4.48 per cent in dollar terms vis-à-vis February2017. Exports have been on a positive trajectory since August 2016 to February 2018except for a temporary setback in October 2017. Exports during February 2018were valued at US$ 25834.36million as compared to US$ 24726.71 million during February 2017. In Rupee terms, exports were valu .....

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(Rs1762897.63 crore) as against US $246550.17 million (Rs1656399.85 crore) registering a positive growth of 11.02per cent in Dollar terms and 6.43per cent in Rupee terms over the same period last year. Non-petroleum and Non Gems & Jewellery exports in February 2018 were valued at US$ 18792.79 million as against US$ 18176.00 million in February 2017, an increase of 3.39%. Non-petroleum and Non Gems and Jewellery exports during April-February 2017-18 were valued at US$ 200030.96 million as co .....

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US$ 344408.90 million (Rs. 2314510.09 crore) registering a positive growth of 21.04per cent in Dollar terms and 15.99per cent in Rupee terms over the same period last year. Major commodity groups of import showing high growth in February 2018 over the corresponding month of last year are Petroleum, Crude & products (32.05%), Electronic goods (18.95%), Machinery, electrical & non-electrical (23.04%), Pearls, precious & Semi-precious stones (15.86%) and Coal, Coke & Briquettes, etc .....

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bruary 2018 vis-à-vis February 2017 as per World Bank commodity price data (The pink sheet). Non-oil imports during February 2018 were estimated at US$ 27619.24 million which was 4.11per cent higher than non-oil imports of US$ 26528.60 million in February 2017.Non-oil imports during April-February 2017-18 were valued at US$ 318863.39 million which was 19.34per cent higher than the level of such imports valued at US$ 267195.38 million in April-February, 2016-17. II. TRADE IN SERVICES (for .....

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dollar terms as compared topositive growth of 2.20per cent during December2017 (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for February 2018 was estimated at US$ 11979.21millionas against the deficit of US$ 9521.73million during February 2017. SERVICES: As per RBI s Press Release dated 15th March 2018, the trade balance in Services (i.e. net export of Services) for January,2018 was estimated at US$ 6,490 million. OVERALL TRADE BALANCE .....

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36 273730.91 %Growth 2017-18/ 2016-17 4.48 11.02 IMPORTS 2016-17 34248.44 344408.90 2017-18 37813.57 416865.64 %Growth 2017-18/ 2016-17 10.41 21.04 TRADE BALANCE 2016-17 -9521.73 -97858.73 2017-18 -11979.21 -143134.73 EXPORTS & IMPORTS: (Rs. Crore) (PROVISIONAL) FEBRUARY APRIL-FEBRUARY EXPORTS(including re-exports) 2016-17 165855.64 1656399.85 2017-18 166305.72 1762897.63 %Growth 2017-18/ 2016-17 0.27 6.43 IMPORTS 2016-17 229723.10 2314510.09 2017-18 243420.48 2684600.75 %Growth 2017-18/ 201 .....

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FEBRUARY 2018 TRADE: EXPORT Sl. No. Commodities (Values in Rs. crores) % change FEB'17 FEB'18 FEB'18 1 Tea 384.91 401.06 4.20 2 Coffee 496.93 527.11 6.07 3 Rice 3784.01 4404.79 16.41 4 Other cereals 101.80 174.36 71.28 5 Tobacco 673.51 532.96 -20.87 6 Spices 1623.81 1707.89 5.18 7 Cashew 412.13 383.82 -6.87 8 Oil Meals 738.06 528.49 -28.39 9 Oil seeds 894.43 556.06 -37.83 10 Fruits & Vegetables 1694.21 1715.92 1.28 11 Cereal preparations & miscellaneous processed items 638.5 .....

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0725.89 25.16 21 Engineering Goods 44769.23 42160.11 -5.83 22 Electronic Goods 3112.28 3874.27 24.48 23 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 5761.52 5515.04 -4.28 24 Man-made Yarn/Fabs./made-ups etc. 2590.45 2559.98 -1.18 25 RMG of all Textiles 10767.74 9275.08 -13.86 26 Jute Mfg. including Floor Covering 155.71 165.57 6.33 27 Carpet 897.65 735.63 -18.05 28 Handicrafts excl. handmade carpet 996.66 1000.57 0.39 29 Petroleum Products 17034.13 20834.36 22.31 30 Plastic & Linoleum .....

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ices 242.09 265.31 9.59 7 Cashew 61.44 59.62 -2.96 8 Oil Meals 110.03 82.10 -25.38 9 Oil seeds 133.35 86.38 -35.22 10 Fruits & Vegetables 252.58 266.56 5.53 11 Cereal preparations & miscellaneous processed items 95.20 124.04 30.29 12 Marine Products 406.98 460.57 13.17 13 Meat, dairy & poultry products 387.33 276.46 -28.62 14 Iron Ore 196.97 125.73 -36.17 15 Mica, Coal & Other Ores, Minerals including processed minerals 347.45 332.29 -4.36 16 Leather & leather products 409.29 .....

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cluding Floor Covering 23.21 25.72 10.81 27 Carpet 133.83 114.27 -14.62 28 Handicrafts excl. handmade carpet 148.59 155.43 4.60 29 Petroleum Products 2539.55 3236.47 27.44 30 Plastic & Linoleum 494.50 590.06 19.32 Sub-Total 23434.32 24459.95 4.38 GRAND TOTAL 24726.71 25834.36 4.48 Note: The figures for FEBRUARY'18 and FEBRUARY'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR FEBRUARY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Rs. cror .....

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al, Coke & Briquettes, etc. 11015.45 12446.23 12.99 11 Petroleum, Crude & products 51781.21 65624.81 26.73 12 Wood & Wood products 2388.90 2952.94 23.61 13 Leather & leather products 496.66 591.84 19.16 14 Organic & Inorganic Chemicals 9501.32 11299.82 18.93 15 Dyeing/tanning/colouring materials. 1340.49 1451.54 8.28 16 Artificial resins, plastic materials, etc. 6024.97 7612.06 26.34 17 Chemical material & products 3036.85 3502.96 15.35 18 Newsprint 457.03 295.44 -35.36 1 .....

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oducts 2458.03 2910.47 18.41 29 Gold 23342.87 18613.25 -20.26 30 Silver 992.50 1949.21 96.39 Sub-Total 216418.63 233595.39 7.94 GRAND TOTAL 229723.10 243420.48 5.96 Note: The figures for FEBRUARY'18 and FEBRUARY'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR FEBRUARY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change FEB'17 FEB'18 FEB'18 1 Cotton Raw & Waste 31.79 43.09 35.55 2 Vegetable Oil 942.28 832.50 - .....

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