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 $ 12796.61 million which was 19.26 % higher than the level of US $ 10730.34 million during September, 2006. In rupee terms, exports touched Rs. 51621.52 crore, which was 4.31% higher than the value of exports during September, 2006. Cumulative value of exports for the period April-September, 2007 was US$ 72280.60 million (Rs. 295233.05 Crore) as against US$ 60985.84 million (Rs. 280275.27 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 2007-08 in comparison to the same period in the previous fiscal. The provisional data indicate that exports of engineering goods from India have reached USD 4794.30 million up to May 2007. In the month of May 2007 Exports of Engineering goods were to the tune of USD 2653.44 million. In rupee terms India s export of engineering goods are valued at Rs.19862.83 crores during April-May 2007-08 which is 19.03% higher than the value of export during April- May 2006-2007. The latest export performance of engineering goods and services is estimated to be around USD 11896.80 mn [Rs.48722.31 Crore] for Apr-Aug 2007-08 which is higher than USD 10553.66 mn [Rs. 48465.69 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
In comparison to cumulative export performance in April - May 2006 07 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 07-08 % Change over 06-07 %Change in MAY 07 Over APR 07 %Change in MAY 07 over MAY 06 1287.47 39.67-29.30 27.90 Machinery & instruments 1167.33 14.18 19.65 31.71 Manufactures of metals 807.43 14.14 37.37 40.89 Primary & semi-finished iron & steel 662.49 35.67 19.08 40.36 474.72 49.26 67.42 46.82 195.63 99.66 45.92 92.57 85.04 130.65-27.08 46.80 62.43 37.15 13.58 53.06 Machine tools 32.05-14.40 17.00 9.08 16.77 35.79 48.84 67.48 Mica 2.94 8.89-24.00-8.28 Grand Total 4794.3 29.90 10.02 37.61 Source: DGCI&S Provisional Data Top destinations: APR MAY 2007 08 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
Monthly Export performance to Top 20 Destinations for May 2007 (Figures in USD million) Importing Country Cumulative Export APR - MAY 2007-2008 % Change over APR - MAY 2006-2007 Exports MAY 07 Rank 2006-07 Rank 2007-08 %Change MAY 07 over APR 07 %Change MAY 07 over MAY 06 USA 499.01-16.18 315.64 1 1 38.38 3.99 UAE 459.15 53.95 216.25 2 2-18.74 40.39 Ghana 313.45 1848.10 17.36 35 3-94.21 117.54 Italy 221.56 83.85 125.7 7 4 16.98 103.23 Saudi Arabia 202.44 78.47 132.75 8 5 79.15 88.78 Singapore 189.85-22.45 119.21 3 6 23.41 41.90 UK 181.55 12.12 120.23 4 7 56.04 40.46 China 178.99 21.48 95.58 5 8 9.61 14.13 Germany 173.67 29.62 103.24 6 9 26.89 75.67 Belgium 169.51 257.09 100.54 18 10 18.76 292.89 Sri Lanka 98.63 7.37 42.41 12 11-25.92-14.27 Malaysia 94.4 135.65 56.82 23 12 44.80 166.51 Egypt 92.98 282.48 74.5 33 13 262.18 466.11 Netherlands 89.82 76.29 65.49 17 14 105.04 189.91 South Africa 81.03-20.73 41.37 9 15-3.59-26.73 Indonesia 72.33-21.54 45.82 11 16 65.95 37.39 Spain 71.15 36.64 34.83 16 17-9.04 17.79 France 65.43-31.29 40.43 10 18 34.81-47.80 Taiwan (Taipei) 62.73 80.00 28.66 25 19-16.69 43.95 Korea Republic (South) 60.68 39.53 28.87 20 20-11.41-0.89 Source: DGCI&S Provisional Data, EEPC Member Returns Statistics Department, EEPC Head Office - November 2007 Release Page 3
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
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 2006-07 Cumulative Export April-May 2007-08 % GRTH Brazil 29.05 44.24 52.29 Kenya 27.71 42.79 54.42 Nepal 17.45 40.41 131.58 Hong Kong 21.01 32.9 56.59 Ukraine 15.13 32.34 113.75 Russia 12.06 25.46 111.11 Sweden 11.54 24.39 111.35 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: 91 33 2289 0651/52, Fax: 91 33 2289 0654, Email: statistics@eepc.gov.in. Please contact the Department for any detailed information. Statistics Department, EEPC Head Office - November 2007 Release Page 5