Dollar Exports Dip Again by 14% in April; Import Decline 7.48%

Rupee Fall may Arrest Declining Trend

A.  Exports (including re-exports)

Exports during April, 2015 were valued at US $ 22054.72 million (Rs. 138400.44 crore) which was 13.96 per cent lower in Dollar terms (10.55 per cent lower in Rupee terms) than the level of US $ 25634.08 million (Rs. 154718.60 crore) during April, 2014.

B.  Imports

Imports during April, 2015 were valued at US $ 33047.02 (Rs.207380.63 crore) which was 7.48 per cent lower in Dollar terms and 3.81 per cent lower in Rupee terms over the level of imports valued at US $ 35720.03 million (Rs. 215593.93 crore) in April, 2014.

C.  Crude Oil and Non-Oil Imports:

Oil imports during April, 2015 were valued at US $ 7442.92 million which was 42.65 per cent lower than oil imports valued at US $ 12977.83 million in the corresponding period last year. 

Non-oil imports during April, 2015 were estimated at US $ 25604.10 million which was 12.58 per cent higher than non-oil imports of US $ 22742.20 million in April, 2014.

D.  Trade Balance

The trade deficit for April 2015 was estimated at US $ 10992.30 million which was higher than the deficit of US $ 10085.95 million during April 2014.

Exports & Imports: (US $ Million)

(Provisional)

 

APRIL

Exports (including re-exports)

 

2014-15

25634.08

2015-16

22054.72

%Growth 2015-16/ 2014-15

-13.96

Imports

 

2014-15

35720.03

2015-16

33047.02

%Growth 2015-16/ 2014-15

-7.48

Trade Balance

 

2014-15

-10085.95

2015-16

-10992.30

India’s Foreign Trade (Services): March, 2015

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

A.  Exports (Receipts)

Exports during March, 2015 were valued at US $ 14049 Million (Rs. 87735.72 Crore).

B.  Imports (Payments)

Imports during March, 2015 were valued at US $ 7866 Million (Rs. 49123.01 Crore).

C.  Trade Balance

The trade balance in Services (i.e. net export of Services) for March, 2015 was estimated at US $ 6183 Million.

Exports & Imports (Services): (US $ Million)

(Provisional)

 

March 2014-15

Exports (Receipts)

14049.00

Imports (Payments)

7866.00

Trade Balance

6183.00

 

 

Exports & Imports (Services): (Rs. Crore)

(Provisional)

March 2014-15

Exports (Receipts)

87735.72

Imports (Payments)

49123.01

Trade Balance

38612.71

Source: RBI Press Release dated 15th May 2015