Press Information Bureau Government of India Ministry of Commerce & Industry

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1 Press Information Bureau Government of India Ministry of Commerce & Industry India s Foreign Trade: March April :45 IST India's foreign Trade for April March Merchandise (P) Services* (P) Merchandise + Services (P) Values in USD billions %Growth Values in USD billions %Growth Values in USD billions Exports Import Trade Balance Source: DGCI&S for Merchandise; for Services RBI Note 2-Services data for pertains to April-Feb 2018 as Feb 2018 is the latest data available as per RBI s Press Release. Note 3- P : Provisionals 1 of 14

2 I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports during are at US $ Billion registering a growth of 9.78 per cent in dollar terms vis-à-vis Exports during March 2018 were valued at US $ Billion as compared to US $ Billion during March 2017 exhibited negative growth of 0.66 per cent. In Rupee terms, exports were valued at Rs crore as compared to Rs crore during March 2017, registering a fall of 1.95 per cent. During March 2018, major commodity groups of export showing positive growth over the corresponding month of last year are Cumulative value of exports for the period April-March was US $ Billion (Rs crore) as against US $ Billion (Rs crore) registering a positive growth of 9.78 per cent in Dollar terms and 5.56 per cent in Rupee terms over the same period last year. Non-petroleum and Non Gems & Jewellery exports in March 2018 were valued at US $ Billion as against US $ Billion in March 2017, an increase of 4.60%. Non-petroleum and Non Gems and Jewellery exports during April- March were valued at US $ Billion as compared to US $ Billion for the corresponding period in , an increase of 10.73%. IMPORTS Imports during March 2018 were valued at US $ Billion (Rs crore) which was 7.15 per cent higher in Dollar terms and 5.75 per cent higher in Rupee terms over the level of imports valued at US $ Billion (Rs of 14

3 crore) in March Cumulative value of imports for the period April-March was US $ Billion (Rs crore) as against US $ Billion (Rs crore) registering a positive growth of per cent in Dollar terms and per cent in Rupee terms over the same period last year. Major commodity groups of import showing high growth in March 2018 over the corresponding month of last year are: CRUDE OIL AND NON-OIL IMPORTS: Oil imports during March 2018 were valued at US $ Billion which was percent higher than oil imports valued at US $ 9.75 Billion in March Oil imports during April- March were valued at US $ Billion which was per cent higher than the oil imports of US $ Billion in the corresponding period last year. In this connection it is mentioned that the global Brent prices ($/bbl) have increased by % in March 2018 vis-à-vis March 2017 as per World Bank commodity price data (The pink sheet). Non-oil imports during March 2018 were estimated at US $ Billion which was 4.96 per cent higher than non-oil imports of US $ Billion in March Non-oil imports during April-March were valued at US $ Billion which was per cent higher than the level of such imports valued at US $ Billion in April-March, II. TRADE IN SERVICES (for February, 2018, as per the RBI Press Release dated 13th April 2018) EXPORTS (Receipts) Exports during February 2018 were valued at US $ Billion (Rs Crore) registering a negative growth of 3.84 per cent in dollar terms as compared to positive growth of 2.07 per cent during January 2018 (as per RBI s Press Release for the respective months). IMPORTS (Payments) Imports during February 2018 were valued at US $ Billion (Rs Crore) registering a positive growth of 3.10 per cent in dollar terms as compared to negative growth of 0.12 per cent during January 2018 (as per RBI s Press Release for the respective months). 3 of 14

4 III.TRADE BALANCE MERCHANDISE: The trade deficit for March 2018 was estimated at US $ Billion as against the deficit of US $ Billion during March SERVICES: As per RBI s Press Release dated 13th April 2018, the trade balance in Services (i.e. net export of Services) for February, 2018 was estimated at US $ 5.57 Billion. OVERALL TRADE BALANCE: Taking merchandise and services together, overall trade deficit for April-March is estimated at US $ Billion as compared to US $ Billion during April-March (Services data pertains to April-February as February 2018 is the latest data available as per RBI s Press Release dated 13th April 2018) MERCHANDISE TRADE EXPORTS & IMPORTS: (US $ Billion) (PROVISIONAL) MARCH APRIL-MARCH EXPORTS (including re-exports) %Growth / IMPORTS %Growth / of 14

5 TRADE BALANCE EXPORTS & IMPORTS: (Rs. Crore) (PROVISIONAL) MARCH APRIL-MARCH EXPORTS(including re-exports) %Growth / IMPORTS %Growth / TRADE BALANCE of 14

6 SERVICES TRADE EXPORTS & IMPORTS (SERVICES) : (US $ Billion) (Provisional) February 2018 EXPORTS (Receipts) IMPORTS (Payments) TRADE BALANCE 5.57 EXPORTS & IMPORTS (SERVICES): (Rs. Crore) (Provisional) February 2018 EXPORTS (Receipts) IMPORTS (Payments) TRADE BALANCE Source: RBI Press Release dated 13th April, 2018 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: EXPORT 6 of 14

7 Sl. No. Commodities % (Values in Rs. crores) change MAR'17 MAR'18 MAR'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products Iron Ore Mica, Coal & Other Ores, Minerals including processed minerals Leather & leather products of 14

8 17 Ceramic products & glassware Gems & Jewellery Drugs & Pharmaceuticals Organic & Inorganic Chemicals Engineering Goods Electronic Goods Cotton Yarn/Fabs./made-ups, Handloom Products etc Man-made Yarn/Fabs./made-ups etc RMG of all Textiles Jute Mfg. including Floor Covering Carpet Handicrafts excl. handmade carpet Petroleum Products Plastic & Linoleum Sub-Total GRAND TOTAL Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change 8 of 14

9 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: EXPORT (Values in Million USD) % change Sl. No. Commodities MAR'17 MAR'18 MAR'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products of 14

10 Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: IMPORT (Values in Rs. crores) % change Sl. No. Commodities MAR'17 MAR'18 MAR'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products of 14

11 13 Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring materials Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & non-electrical Transport equipment Project goods Professional instrument, Optical goods, etc Electronic goods Medicinal & Pharmaceutical products Gold of 14

12 30 Silver Sub-Total GRAND TOTAL Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MARCH 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change MAR'17 MAR'18 MAR'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured of 14

13 8 Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring materials Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & nonelectrical Transport equipment Project goods of 14

14 26 Professional instrument, Optical goods, etc Electronic goods Medicinal & Pharmaceutical products Gold Silver Sub-Total GRAND TOTAL Note: The figures for MARCH'18 and MARCH'17 are provisional and subject to change. MM/RC *** 14 of 14

Monthly Bulletin on. November, 2017

Monthly Bulletin on. November, 2017 Monthly Bulletin on Foreign Trade STATISTICS November, 217 Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Statistics Division (Data Analytics