Export Crash 20% in May, Imports Fall 16.52%
A. Exports (including re-exports)
Exports during May, 2015 were
valued at US $22346.75 million (Rs. 142572.92 crore) which was 20.19 per cent
lower in Dollar terms (14.14 per cent lower in Rupee terms) than the level of
US $27998.50 million (Rs. 166045.09 crore) during May, 2014.Cumulative value of
exports for the period April-May 2015-16 was US $ 44401.47 million (Rs
280973.36 crore) as against US $53632.58 million (Rs 320763.69 crore)
registering a negative growth of 17.21 per cent in Dollar terms and 12.40
per cent in Rupee terms over the same period last year.
B. Imports
Imports during May, 2015 were valued at US
$32752.99 (Rs.208965.06 crore) which was 16.52 per cent lower in Dollar terms
and 10.19 per cent lower in Rupee terms over the level of imports valued at US
$ 39233.24 million (Rs. 232672.72 crore) in May, 2014. Cumulative value of imports for the period April-May 2015-16 was US
$65800.01 million (Rs 416345.69 crore) as against US $ 74953.27 million (Rs
448266.65 crore) registering a negative growth of 12.21 per cent in Dollar
terms and 7.12 per cent in Rupee terms over the same period last year.
C. Crude Oil
and Non-Oil Imports
Oil imports during May, 2015 were valued at US
$8538.67 million which was 40.97 per cent lower than oil imports valued at US
$14464.88 million in the corresponding period last year. Oil imports during
April-May, 2015-16 were valued at US $ 15981.59 million which was 41.76 per
cent lower than the oil imports of US $ 27442.71 million in the corresponding
period last year.
Non-oil imports during May, 2015 were estimated at
US $24214.32 million which was 2.24 per cent lower than non-oil imports of US
$24768.36 million in May, 2014. Non-oil imports during April-May, 2015-16 were
valued at US $ 49818.42 million which was 4.86 per cent higher than the level
of such imports valued at US $ 47510.56 million in April-May, 2014-15.
D. Trade Balance
The trade deficit for April-May, 2015-16 was
estimated at US $ 21398.54 million which was higher than the deficit of US $
21320.69 million during April-May, 2014-15.
|
(Provisional) |
||
|
|
May |
April-May |
|
Exports(including
re-exports) |
|
|
|
2014-15 |
27998.50 |
53632.58 |
|
2015-16 |
22346.75 |
44401.47 |
|
%Growth2015-16/ 2014-15 |
-20.19 |
-17.21 |
|
Imports |
|
|
|
2014-15 |
39233.24 |
74953.27 |
|
2015-16 |
32752.99 |
65800.01 |
|
%Growth2015-16/ 2014-15 |
-16.52 |
-12.21 |
|
Trade
Balance |
|
|
|
2014-15 |
-11234.74 |
-21320.69 |
|
2015-16 |
-10406.24 |
-21398.54 |
India’s Foreign Trade (Services): April, 2015
(As per the RBI Press Release dated 15th June,
2015)
A. Exports (Receipts)
Exports during
April, 2015 were valued at US $ 13012 Million (Rs. 81654.46 Crore).
B. Imports (Payments)
Imports during
April, 2015 were valued at US $ 7324 Million (Rs. 45960.44 Crore).
C. Trade Balance
The trade balance in Services (i.e. net export of
Services) for April, 2015 was estimated at US $ 5688 Million.
|
(Provisional) |
|
|
|
April 2015-16 |
|
Exports (Receipts) |
13012.00 |
|
Imports (Payments) |
7324.00 |
|
Trade Balance |
5688.00 |
|
Exports & Imports (Services): (Rs. Crore) |
|
|
(Provisional) |
|
|
|
April 2015-16 |
|
Exports (Receipts) |
81654.46 |
|
Imports (Payments) |
45960.44 |
|
Trade Balance |
35694.02 |
|
Source: RBI Press Release dated 15th June 2015 |
|