Jan Exports Fall again to
$21bn, Down 13.6% on Jan 2015
•
Imports of Energy Crashes but Machinery
Stable
•
Textile Exports Deep in Negative Zone
•
Beverages: Tea and Coffee Look up
•
Tobacco Rises, Gem and Jewellery Show Signs
of Buoyancy
•
Commodities: Iron Ore, Refined Oil Crash
Exports during January, 2016 were valued at
US$ 21075.57 million which was 13.60 per cent lower in Dollar terms than the
level of US$ 24393.58 million during January, 2015. Cumulative value of exports
for the period April-January 2015-16 was US$ 217679.51million as against US$
264322.49 million registering a negative growth of 17.65 per cent in Dollar
terms and 12.10 per cent in Rupee terms. Rupee has fallen in this period hence
the rupee value is higher by five percent or so.
Imports
during January, 2016 were valued at US$ 28714.50 million which was 11.01 per
cent lower in Dollar terms over the level of imports valued at US$ 32265.37
million in January, 2015.
Oil imports during January, 2016 were valued at US$ 5026.41
million which was 39.01 per cent lower than oil imports valued at US$ 8241.18
million in the corresponding period last year.
Exports
during December, 2015 were valued at US$ 14038 Million (Rs.
93486.76 Crore).
During December, 2015, on month-on-month basis, growth in
services export turned positive (with a growth of 16.80 per cent) as compared
to negative growth (-9.93 per cent) during November 2015 (as per RBI’s Press
Release for the respective months).
Imports during December, 2015 were valued at US$ 7187 Million
(Rs. 47862.19 Crore).
Exports &
Imports: (US $ Million)
|
(Provisional) |
||
|
|
January |
April-January |
|
Exports (including re-exports)
|
||
|
2014-15 |
24393.58
|
264322.49
|
|
2015-16 |
21075.57
|
217679.51
|
|
%Growth 2015-16/2014-15 |
-13.60
|
-17.65
|
|
Imports |
||
|
2014-15 |
32265.37
|
383879.32
|
|
2015-16 |
28714.50
|
324526.19
|
|
%Growth 2015-16/2014-15 |
-11.01
|
-15.46 |
|
Trade Balance |
||
|
2014-15 |
-7871.79
|
-119556.83
|
|
2015-16 |
-7638.93
|
-106846.68
|