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India’s Foreign Trade (Merchandise): November, 2015

A. EXPORTS (including re-exports)

Exports during November, 2015 were valued at US$ 20014.22 million (Rs. 132328.24 crore) which was 24.43 per cent lower in Dollar terms (19.03 per cent lower in Rupee terms) than the level of US$ 26485.71 million (Rs. 163427.94 crore) during November, 2014. Cumulative value of exports for the period April-November 2015-16 was US$ 174306.46 million (Rs. 1124831.81 crore) as against US$ 213774.45 million (Rs. 1293967.32 crore) registering a negative growth of 18.46 per cent in Dollar terms and 13.07 per cent in Rupee terms over the same period last year.

B. IMPORTS

            Imports during November, 2015 were valued at US$ 29795.91 million (Rs. 197001.90 crore) which was 30.26 per cent lower in Dollar terms and 25.27 per cent lower in Rupee terms  over the level of imports valued at US$ 42722.49 million (Rs. 263615.72 crore) in November, 2014. Cumulative value of imports for the period April-November 2015-16  was US$ 261850.21 million (Rs. 1689681.20 crore) as against US$ 316280.68 million (Rs. 1915128.52 crore) registering a negative growth of 17.21 per cent in Dollar terms and 11.77 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:           

Oil imports during November, 2015 were valued at US$ 6436.39 million which was 44.99 per cent lower than oil imports valued at US$ 11699.82 million in the corresponding period last year. Oil imports during April-November, 2015-16 were valued at US$ 61411.46 million which was 42.39 per cent lower than the oil imports of US$ 106596.04 million in the corresponding period last year.

Non-oil imports during November, 2015 were estimated at US$ 23359.52 million which was 24.7 per cent lower than non-oil imports of US$ 31022.67 million in November, 2014. Non-oil imports during April-November, 2015-16 were valued at US$ 200438.75 million which was 4.41 per cent lower than the level of such imports valued at US$ 209684.64 million in April-November, 2014-15.

D. TRADE BALANCE 

The trade deficit for April-November, 2015-16 was estimated at US$ 87543.75 million which was lower than the deficit of US$ 102506.23 million during April-November, 2014-15.

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)    
  NOVEMBER APRIL-NOVEMBER
EXPORTS(including re-exports)    
2014-15 26485.71 213774.45
2015-16 20014.22 174306.46
%Growth2015-16/ 2014-15 -24.43 -18.46
IMPORTS    
2014-15 42722.49 316280.68
2015-16 29795.91 261850.21
%Growth2015-16/ 2014-15 -30.26 -17.21
TRADE BALANCE    
2014-15 -16236.78 -102506.23
2015-16 -9781.69 -87543.75
     
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)  
  NOVEMBER APRIL-NOVEMBER
EXPORTS(including re-exports)    
2014-15 163427.94 1293967.32
2015-16 132328.24 1124831.81
%Growth2015-16/ 2014-15 -19.03 -13.07
IMPORTS    
2014-15 263615.72 1915128.52
2015-16 197001.90 1689681.20
%Growth2015-16/ 2014-15 -25.27 -11.77
TRADE BALANCE    
2014-15 -100187.78 -621161.20
2015-16 -64673.66 -564849.39

INDIA’S FOREIGN TRADE (SERVICES): October, 2015

(As per the RBI Press Release dated 15th December, 2015)

A. EXPORTS (Receipts)

Exports during October, 2015 were valued at US$ 13344 Million (Rs. 86813.40 Crore).

B. IMPORTS (Payments)

Imports during October, 2015 were valued at US$ 7013 Million (Rs. 45625.18 Crore).

C. TRADE BALANCE

The trade balance in Services (i.e. net export of Services) for October, 2015 was estimated at US$ 6331 Million.

EXPORTS & IMPORTS (SERVICES) : (US $ Million)
(PROVISIONAL)  
  October 2015-16
EXPORTS (Receipts) 13344.00
IMPORTS (Payments) 7013.00
TRADE BALANCE 6331.00
   
EXPORTS & IMPORTS (SERVICES): (Rs. Crore)
   
(PROVISIONAL) October 2015-16
   
EXPORTS (Receipts) 86813.40
IMPORTS (Payments) 45625.18
TRADE BALANCE 41188.22
Source: RBI Press Release dated 15th December 2015

RC/nb
(Release ID :133295)

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