July Exports Fall Again by 10.3%, Imports Fall 10.28%

A. Exports (including re-exports)

Exports during July, 2015 were valued at US $23137.26 million (Rs. 147233.94 crore) which was 10.30 per cent lower in Dollar terms (4.95 per cent lower in Rupee terms) than the level of US $25792.68 million (Rs.154907.25 crore) during July, 2014.Cumulative value of exports for the period April-July 2015-16 was US $ 89828.16 million (Rs 570549.18 crore) as against US $105726.16 million (Rs 632793.07 crore) registering a negative growth of 15.04 per cent in Dollar terms and 9.84 per cent in Rupee terms over the same period last year.

B. Imports

Imports during July, 2015 were valued at US $35949.72 million (Rs. 228766.07 crore) which was 10.28 per cent lower in Dollar terms and 4.94 per cent lower in Rupee terms over the level of imports valued at US $ 40068.01 million (Rs. 240642.83 crore) in July, 2014. Cumulative value of imports for the period April-July 2015-16 was US $134866.28 million (Rs 856596.37 crore) as against US $ 153274.90 million (Rs 917413.18 crore) registering a negative growth of 12.01 per cent in Dollar terms and 6.63 per cent in Rupee terms over the same period last year.

C. Crude Oil and Non-Oil Imports

Oil imports during July, 2015 were valued at US $9486.93 million which was 34.91 per cent lower than oil imports valued at US $14574.45 million in the corresponding period last year. Oil imports during April-July, 2015-16 were valued at US $ 34144.90 million which was 37.91 per cent lower than the oil imports of US $ 54991.04 million in the corresponding period last year.

Non-oil imports during July, 2015 were estimated at US $26462.79 million which was 3.80 per cent higher than non-oil imports of US $25493.56 million in July, 2014. Non-oil imports during April-July, 2015-16 were valued at US $ 100721.38 million which was 2.48 per cent higher than the level of such imports valued at US $ 98283.86 million in April-July, 2014-15.

D. Trade Balance

The trade deficit for April-July, 2015-16 was estimated at US $45038.12 million which was lower than the deficit of US $47548.74 million during April-July, 2014-15.

Exports & Imports: (US $ Million)

(Provisional)
	July	April-July
Exports (including re-exports)
2014-15	25792.68	105726.16
2015-16	23137.26	89828.16
%Growth2015-16/ 2014-15	-10.30	-15.04
Imports
2014-15	40068.01	153274.90
2015-16	35949.72	134866.28
%Growth2015-16/ 2014-15	-10.28	-12.01
Trade Balance
2014-15	-14275.33	-47548.74
2015-16	-12812.46	-45038.12

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

(As per the RBI Press Release dated 14th August, 2015)

A. Exports (Receipts)

Exports during June, 2015 were valued at US $ 12765 Million (Rs. 81518.18 Crore).

B. Imports (Payments)

Imports during June, 2015 were valued at US $ 7522 Million (Rs. 48036.02 Crore).

C. Trade Balance

The trade balance in Services (i.e. net export of Services) for June, 2015 was estimated at US $ 5243 Million.

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

(Provisional)
	June 2015-16
Exports (Receipts)	12765.00
Imports (Payments)	7522.00
Trade Balance	5243.00

Source: RBI Press Release dated 14th August 2015