EXPORT PERFORMANCE MONITOR
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1 Export Performance Monitor Statistics department, EEPC Head Office Exports growing steadily According to the provisional data available from DGCI&S up to September 2007, Exports during September, 2007 were valued at US $ million which was % higher than the level of US $ million during September, In rupee terms, exports touched Rs crore, which was 4.31% higher than the value of exports during September, Cumulative value of exports for the period April-September, 2007 was US$ million (Rs Crore) as against US$ million (Rs Crore) registering a growth of 18.52% in Dollar terms and 5.34% in Rupee terms during the same period last year. Engineering export accelerating uniformly According to the provisional data available from DGCI&S up to May 2007, India s export of engineering goods have posted a strong growth of 29.9% during April-May in comparison to the same period in the previous fiscal. The provisional data indicate that exports of engineering goods from India have reached USD million up to May In the month of May 2007 Exports of Engineering goods were to the tune of USD million. In rupee terms India s export of engineering goods are valued at Rs crores during April-May which is 19.03% higher than the value of export during April- May The latest export performance of engineering goods and services is estimated to be around USD mn [Rs Crore] for Apr-Aug which is higher than USD mn [Rs Crore] for the same period last year registering a growth of 12.73% in Dollar terms and.53% in Rupee terms during the same period last year. What s up and what s down in May In comparison to monthly export performance in April 2007 What's UP:, Machine tools, Machinery & instruments, Manufactures of metals, Non ferrous metals, Primary & semi finished iron and steel,, Residual Engineering items. What's Down: Mica,,. Statistics Department, EEPC Head Office - November 2007 Release Page 1
2 In comparison to cumulative export performance in April - May What's UP:, Machinery & instruments, Manufactures of metals, Non ferrous metals,,, Ferro alloys,, Mica, Primary & semi finished iron and steel What's Down: Machine tools Export Performance of Principal Commodities for May 07 (Figures in USD million) Principal Commodity/Service Cumulative Export % Change over %Change in MAY 07 Over APR 07 %Change in MAY 07 over MAY Machinery & instruments Manufactures of metals Primary & semi-finished iron & steel Machine tools Mica Grand Total Source: DGCI&S Provisional Data Top destinations: APR MAY New entrants in the top 20 list: Ghana, Malaysia, Egypt, Taiwan (Taipei) Out of the list: Thailand, Nigeria, Oman, Iran Statistics Department, EEPC Head Office - November 2007 Release Page 2
3 Monthly Export performance to Top 20 Destinations for May 2007 (Figures in USD million) Importing Country Cumulative Export APR - MAY % Change over APR - MAY Exports MAY 07 Rank Rank %Change MAY 07 over APR 07 %Change MAY 07 over MAY 06 USA UAE Ghana Italy Saudi Arabia Singapore UK China Germany Belgium Sri Lanka Malaysia Egypt Netherlands South Africa Indonesia Spain France Taiwan (Taipei) Korea Republic (South) Source: DGCI&S Provisional Data, EEPC Member Returns Statistics Department, EEPC Head Office - November 2007 Release Page 3
4 Top 5 destinations: Product Performance Destinations Substantial Growth Heavy Decline USA UAE Ghana Italy Saudi Arabia Manufactures of metals Machine tools Machinery & instruments Manufactures of metals Machinery & instruments Primary & semi-finished iron & steel Machine tools Mica Source: DGCI&S Provisional Data, EEPC Member Returns Statistics Department, EEPC Head Office - November 2007 Release Page 4
5 Emerging Destinations 1. Growth in cumulative exports of the period under consideration: more than 50% 2. Exports between 0.5% and 1% of total exports of engineering goods in this period Destinations Cumulative Export April-May Cumulative Export April-May % GRTH Brazil Kenya Nepal Hong Kong Ukraine Russia Sweden Note for members: We need your suggestions to make this report more useful. Please send in your suggestions to the Deputy Director, Statistics Department, EEPC HO, Tel: /52, Fax: , statistics@eepc.gov.in. Please contact the Department for any detailed information. Statistics Department, EEPC Head Office - November 2007 Release Page 5
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