India’s Foreign Trade (Merchandise): November, 2014

Dated 15th December, 2014 | Press Release | EXPORTS (including re-exports) Exports during November, 2014 were valued at US $ 25960.57 million (Rs.160187.60 crore) which was 7.27 per cent higher in Dollar terms (5.68 per cent higher in Rupee terms) than the level of US $ 24201.83 million (Rs. 151583.34 crore) during November, 2013. Cumulative value of exports for the period April-November 2014-15 was US $ 215756.04 million (Rs 1305792.96 crore) as against US $ 205436.81 million (Rs 1231786.75 crore) registering a growth of 5.02  per cent in Dollar terms and growth of 6.01 per cent in Rupee terms over the same period last year. IMPORTS Imports during November, 2014 were valued at US $ 42821.63 million (Rs.264227.44 crore) representing a growth of 26.79 per cent in Dollar terms and  a growth of 24.91 per cent in Rupee terms  over the level of imports valued at US $ 33772.92 million (Rs. 211529.90 crore) in November, 2013. Cumulative value of imports for the period April-November 2014-15 was US $ 316373.14 million (Rs 1915697.85 crore) as against US $ 302327.26 million (Rs 1801892.93 crore) registering a  growth of 4.65 per cent in Dollar terms and growth of 6.32 per cent in Rupee terms over the same period last year. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during November, 2014 were valued at US $ 11716.0 million which was 9.7  per cent lower than oil imports valued at US $  12979.0 million in the corresponding period last year. Oil imports during April-November, 2014-15 were valued at US $ 106557.9 million which was 1.6 per cent lower than the oil imports of US $ 108285.1 million in the corresponding period last year. Non-oil imports during November, 2014 were estimated at US $ 31105.6 million which was 49.6 per cent higher than non-oil imports of US $ 20793.9 million in November, 2013. Non-oil imports during April-November, 2014-15 were valued at US $ 209815.2 million which was 8.1 per cent higher than the level of such imports valued at US $ 194042.2 million in April-November, 2013-14. TRADE BALANCE The trade deficit for April-November, 2014-15 was estimated at US $ 100617.10 million which was higher than the deficit of US $ 96890.45 million during April-November, 2013-14. INDIA’S FOREIGN TRADE (SERVICES): OCTOBER, 2014 (As per the RBI Press Release dated 15th December, 2014) A.   EXPORTS (Receipts) Exports during October, 2014 were valued at US $ 12146 Million (Rs. 74505.99 Crore). B.   IMPORTS (Payments) Imports during October, 2014 were valued at US $ 5942 Million (Rs. 36449.42 Crore). C.   TRADE BALANCE The trade balance in Services (i.e. net exports of Services) for October, 2014 was estimated at US $ 6204 Million. Export Import Merchandise Export Import Merchandise   Source: Ministry of Commerce Original release

The Dollar Business Bureau - Dec 15, 2014 12:00 IST
 
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