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India’s Foreign Trade: March 2018

News and Press Release - Dated:- 13-4-2018 - Ministry of Commerce & Industry India s Foreign Trade: March 2018 Posted On: 13 APR 2018 5:45PM by PIB Delhi India's foreign Trade for April -March 2017-18 Merchandise (P) Services* (P) Merchandise + Services (P) Values in USD billions %Growth Values in USD billions %Growth Values in USD billions Exports 302.84 9.78 175.31 17.63 478.15 Import 459.67 19.59 105.65 19.74 565.32 Trade Balance -156.83 44.54 69.66 14.56 -87.17 Source: DGCI&S for .....

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owth of 0.66 per cent. In Rupee terms, exports were valued at ₹ 189271.16 crore as compared to ₹ 193028.91 crore during March 2017, registering a fall of 1.95 per cent. During March 2018, major commodity groups of export showing positive growth over the corresponding month of last year are Cumulative value of exports for the period April-March 2017-18 was US $ 302.84 Billion (Rs 1952168.79 crore) as against US $ 275.85 Billion (Rs 1849428.76 crore) registering a positive growth of 9. .....

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18 were valued at US $ 42.80 Billion (Rs 278296.95 crore) which was 7.15 per cent higher in Dollar terms and 5.75 per cent higher in Rupee terms over the level of imports valued at US $ 39.95 Billion (Rs. 263155.49 crore) in March 2017. Cumulative value of imports for the period April-March 2017-18 was US $ 459.67 Billion (Rs. 2962897.70 crore) as against US $ 384.36 Billion (Rs. 2577665.59 crore) registering a positive growth of 19.59 per cent in Dollar terms and 14.94 per cent in Rupee terms o .....

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g period last year. In this connection it is mentioned that the global Brent prices ($/bbl) have increased by 27.86 % in March 2018 vis-à-vis March 2017 as per World Bank commodity price data (The pink sheet). Non-oil imports during March 2018 were estimated at US $ 31.69 Billion which was 4.96 per cent higher than non-oil imports of US $ 30.20 Billion in March 2017. Non-oil imports during April-March 2017-18 were valued at US $ 350.56 Billion which was 17.88 per cent higher than the leve .....

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y 2018 were valued at US $ 10.14 Billion (Rs. 65294.38 Crore) registering a positive growth of 3.10 per cent in dollar terms as compared to negative growth of 0.12 per cent during January 2018 (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for March 2018 was estimated at US $ 13.69 Billion as against the deficit of US $ 10.65 Billion during March 2017. SERVICES: As per RBI s Press Release dated 13th April 2018, the trade balance in Servic .....

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ROVISIONAL) MARCH APRIL-MARCH EXPORTS (including re-exports) 2016-17 29.30 275.85 2017-18 29.11 302.84 %Growth 2017-18/ 2016-17 -0.66 9.78 IMPORTS 2016-17 39.95 384.36 2017-18 42.80 459.67 %Growth 2017-18/ 2016-17 7.15 19.59 TRADE BALANCE 2016-17 -10.65 -108.50 2017-18 -13.69 -156.83 EXPORTS & IMPORTS: (Rs. Crore) (PROVISIONAL) MARCH APRIL-MARCH EXPORTS(including re-exports) 2016-17 193028.91 1849428.76 2017-18 189271.16 1952168.79 %Growth 2017-18/ 2016-17 -1.95 5.56 IMPORTS 2016-17 263155.4 .....

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3th April, 2018 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: EXPORT Sl. No. Commodities (Values in Rs. crores) % change MAR'17 MAR'18 MAR'18 1 Tea 426.57 442.92 3.83 2 Coffee 714.62 748.02 4.67 3 Rice 4221.77 5038.40 19.34 4 Other cereals 91.22 252.45 176.75 5 Tobacco 612.26 593.24 -3.11 6 Spices 2214.77 2284.31 3.14 7 Cashew 613.22 359.11 -41.44 8 Oil Meals 766.63 427.48 -44.24 9 Oil seeds 846.66 715.58 -15.48 10 Fruits & Vegetables 1920.80 1972.90 2.71 1 .....

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10675.66 11422.19 6.99 20 Organic & Inorganic Chemicals 9863.04 12826.21 30.04 21 Engineering Goods 52086.43 52754.58 1.28 22 Electronic Goods 3993.91 4539.23 13.65 23 Cotton Yarn/Fabs./made-ups, Handloom Products etc. 5883.91 6636.20 12.79 24 Man-made Yarn/Fabs./made-ups etc. 2890.86 3048.20 5.44 25 RMG of all Textiles 11946.37 9694.68 -18.85 26 Jute Mfg. including Floor Covering 176.95 161.77 -8.58 27 Carpet 916.43 819.23 -10.61 28 Handicrafts excl. handmade carpet 1136.93 1209.34 6.37 29 .....

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her cereals 13.85 38.83 180.36 5 Tobacco 92.94 91.24 -1.83 6 Spices 336.20 351.32 4.50 7 Cashew 93.09 55.23 -40.67 8 Oil Meals 116.37 65.74 -43.51 9 Oil seeds 128.52 110.05 -14.37 10 Fruits & Vegetables 291.58 303.42 4.06 11 Cereal preparations & miscellaneous processed items 116.61 141.07 20.98 12 Marine Products 506.27 565.45 11.69 13 Meat, dairy & poultry products 431.34 412.90 -4.28 14 Iron Ore 237.00 176.56 -25.50 15 Mica, Coal & Other Ores, Minerals including processed mine .....

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6.83 25 RMG of all Textiles 1813.44 1491.00 -17.78 26 Jute Mfg. including Floor Covering 26.86 24.88 -7.37 27 Carpet 139.11 125.99 -9.43 28 Handicrafts excl. handmade carpet 172.58 185.99 7.77 29 Petroleum Products 3754.78 3258.23 -13.22 30 Plastic & Linoleum 572.90 726.79 26.86 Sub-Total 27766.98 27571.94 -0.70 GRAND TOTAL 29301.55 29109.09 -0.66 Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARC .....

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iferous ores & other minerals 3035.73 5529.44 82.15 10 Coal, Coke & Briquettes, etc. 11224.45 16027.81 42.79 11 Petroleum, Crude & products 64231.88 72223.87 12.44 12 Wood & Wood products 2573.69 3571.56 38.77 13 Leather & leather products 495.24 526.24 6.26 14 Organic & Inorganic Chemicals 10520.53 13295.53 26.38 15 Dyeing/tanning/colouring materials. 1657.17 1608.57 -2.93 16 Artificial resins, plastic materials, etc. 7083.49 9000.62 27.06 17 Chemical material & prod .....

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31847.46 32230.59 1.20 28 Medicinal & Pharmaceutical products 2962.73 3180.72 7.36 29 Gold 27527.15 16218.59 -41.08 30 Silver 1345.07 1738.20 29.23 Sub-Total 245332.51 267065.09 8.86 GRAND TOTAL 263155.49 278296.95 5.75 Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change MAR'17 MAR'18 MAR'18 1 Cotton Raw & Wast .....

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