Indias Foreign Trade Update :

India 's ForeignTrade update for month of September 2014.

Imports stood at US $ 43,150.70 million or Rs.2,62,636.30 crore i.e growth of +25.96% in
Dollar terms and a growth of +20.25% in Rupee terms during the same period last year.
Exports stood at US $ 28,903.28 million or Rs.1,75,919.53 crore ie growth of +2.73% in
Dollar terms and -1.92% lower in Rupee terms
IndiaImports IndiaExports IndiaForeignTradeMerchandise IndiaTradeDataUpdate
InternationalTrade
For more Informative posts click :
https://www.linkedin.com/company/jhunjhunwalas


Press Release :

EXPORTS (including re-exports)
Exports during September, 2014 were valued at US $ 28903.28 million (Rs.175919.53 crore)
which was 2.73 per cent higher in Dollar terms (1.92 per cent lower in Rupee terms) than
the level of US $ 28135.90 million (Rs. 179372.28 crore) during September, 2013.
Cumulative value of exports for the period April-September 2014-15 was US $ 163701.40
million (Rs 985539.11 crore) as against US $ 153754.85 million (Rs 910882.94 crore)
registering a growth of 6.47 per cent in Dollar terms and growth of 8.20 per cent in Rupee
terms over the same period last year.

IMPORTS
Imports during September, 2014 were valued at US $ 43150.70 million (Rs.262636.30 crore)
representing a growth of 25.96 per cent in Dollar terms and a growth of 20.25 per cent in
Rupee terms over the level of imports valued at US $ 34258.24 million (Rs. 218403.50 crore)
in September, 2013. Cumulative value of imports for the period April-September 2014-15
was US $ 234099.98 million (Rs 1409466.83 crore) as against US $ 230479.32 million (Rs
1355761.53 crore) registering a growth of 1.57 per cent in Dollar terms and growth of 3.96
per cent in Rupee terms over the same period last year.





CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during September, 2014 were valued at US $ 14497.3 million which was 9.7 per
cent higher than oil imports valued at US $ 13213.0 million in the corresponding period last
year. Oil imports during April-September, 2014-15 were valued at US $ 82476.7 million
which was 3.1 per cent higher than the oil imports of US $ 80012.4 million in the
corresponding period last year.

Non-oil imports during September, 2014 were estimated at US $ 28653.4 million which was
36.2 per cent higher than non-oil imports of US $ 21045.2 million in September, 2013. Non-
oil imports during April-September, 2014-15 were valued at US $ 151623.2 million which
was 0.8 per cent higher than the level of such imports valued at US $ 150466.9 million in
April-September, 2013-14.

TRADE BALANCE
The trade deficit for April-September, 2014-15 was estimated at US $ 70398.58 million
which was lower than the deficit of US $ 76724.47 million during April-September, 2013-14.
However, the trade deficit for the month of September 2014 stands at US $ 14247.42
million which was 132.71 per cent higher than the value of US $ 6122.34 million in
September 2013. This phenomenal increase in trade deficit is mainly due to rise in imports
without adequate rise in exports. Imports have increased mainly due to unusual growth of
449.7 per cent in imports of Gold and 105.6 per cent in imports of Metalliferous Ores &
Other Minerals over the same period last year. Both these items have a high value in the
import basket with Gold having a value of US $ 3751.87 million and Metalliferous Ores &
Other Minerals having a value of US $ 817.79 million in September 2014.

INDIAS FOREIGN TRADE (SERVICES): AUGUST, 2014
(As per the RBI Press Release dated 14th October, 2014)
A. EXPORTS (Receipts)
Exports during August, 2014 were valued at US $ 12242 Million (Rs. 74547.90 Crore).
B. IMPORTS (Payments)
Imports during August, 2014 were valued at US $ 6767 Million (Rs. 41207.78 Crore).
C. TRADE BALANCE
The trade balance in Services (i.e. net exports of Services) for August, 2014 was estimated at
US $ 5475 Million.



EXPORTS & IMPORTS (MERCHANDISE): (US $ Million)
(PROVISIONAL)
SEPTEMBER APRIL-SEPTEMBER
EXPORTS(including re-exports)
2013-14 28135.90 153754.85
2014-15 28903.28 163701.40
%Growth2014-15/ 2013-14 2.73 6.47
IMPORTS
2013-14 34258.24 230479.32
2014-15 43150.70 234099.98
%Growth 2014-15/ 2013-14 25.96 1.57
TRADE BALANCE
2013-14 -6122.34 -76724.47
2014-15 -14247.42 -70398.58

EXPORTS & IMPORTS (MERCHANDISE): (Rs. Crore)

(PROVISIONAL) SEPTEMBER APRIL-SEPTEMBER

EXPORTS(including re-exports)
2013-14 179372.28 910882.94
2014-15 175919.53 985539.11
%Growth 2014-15/ 2013-14 -1.92 8.20
IMPORTS
2013-14 218403.50 1355761.53
2014-15 262636.30 1409466.83
%Growth 2014-15/ 2013-14 20.25 3.96
TRADE BALANCE
2013-14 -39031.22 -444878.59
2014-15 -86716.77 -423927.72







EXPORTS & IMPORTS (SERVICES) : (US $ Million)
(PROVISIONAL)
August 2014-15
EXPORTS (Receipts) 12242.00
IMPORTS (Payments) 6767.00
TRADE BALANCE 5475.00

EXPORTS & IMPORTS (SERVICES): (Rs. Crore)

(PROVISIONAL) August 2014-15

EXPORTS (Receipts) 74547.90
IMPORTS (Payments) 41207.78
TRADE BALANCE 33340.12



For quick estimates for selected major commodities for September 2014
Trade: Export
Annexure - I
Sl. No. Commodities (Values in Million
USD)
% change
SEP'13 SEP'14 SEP'14
1 Tea 77.96 74.87 -3.96
2 Coffee 51.38 58.26 13.39
3 Rice 583.63 687.15 17.74
4 Other cereals 39.85 46.66 17.09
5 Tobacco 108.08 84.61 -21.72
6 Spices 232.05 207.61 -10.53
7 Cashew 62.74 63.39 1.04
8 Oil Meals 192.98 53.07 -72.50
9 Oil seeds 77.31 97.09 25.59
10 Fruits &
Vegetables
159.64 156.00 -2.28
11 Cereal
preparations &
miscellaneous
processed items
103.67 104.10 0.41
12 Marine Products 526.87 597.12 13.33
13 Meat, dairy &
poultry products
500.59 548.98 9.67
14 Iron Ore 155.54 15.88 -89.79
15 Mica, Coal &
Other Ores,
Minerals
including
processed
minerals
290.60 313.49 7.88


16 Leather & leather
products
456.98 519.67 13.72
17 Ceramic
products &
glassware
109.22 169.64 55.32
18 Gems &
Jewellery
3959.38 4397.18 11.06
19 Drugs &
Pharmaceuticals
1220.60 1263.11 3.48
20 Organic &
Inorganic
Chemicals
1047.65 1122.18 7.11
21 Engineering
Goods
5395.92 6485.11 20.19
22 Electronic Goods 682.17 563.63 -17.38
23 Cotton
Yarn/Fabrics/ma
de-ups,
Handloom
Products etc.
955.38 943.73 -1.22
24 Man-made
Yarn/Fabrics/ma
de-ups etc.
428.75 474.51 10.67
25 RMG of all
Textiles
1116.45 1293.64 15.87
26 Jute
Manufacturing
including Floor
Covering
32.97 28.88 -12.41
27 Carpet 99.24 153.14 54.31
28 Handicrafts
excluding hand
made carpet
230.99 111.63 -51.67
29 Petroleum
Products
6948.51 6023.56 -13.31
30 Plastic &
Linoleum
519.63 495.82 -4.58
Sub-Total 26366.73 27153.71 2.98
GRAND TOTAL 28135.90 28903.28 2.73