Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

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

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... India’s Foreign Trade (Merchandise): June, 2014
News and Press Release
Dated:- 16-7-2014

The Government has decided to include the Services trade data in the Press Release, along with the Merchandise trade data. However, the latest Services trade data as given by RBI's Press Release dated 15th July, 2014 is for the month of May, 2014. The Merchandise trade data is for the month of Ju .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ne 2014. EXPORTS (including re-exports) Exports during June, 2014 were valued at US $ 26479.72 million (Rs.158165.21 crore) which was 10.22 per cent higher in Dollar terms (12.74 per cent higher in Rupee terms) than the level of US $ 24023.36 million (Rs. 140289.92 crore) during June, 2013. Cumulative value of exports for the period April-June 2014-15 was US $ 80112.30 million (Rs 478928.90 cror .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e) as against US $ 73287.72 million (Rs 409750.38 crore) registering a growth of 9.31 per cent in Dollar terms and growth of 16.88 per cent in Rupee terms over the same period last year. IMPORTS Imports during June, 2014 were valued at US $ 38242.96 million (Rs.228427.88 crore) representing a growth of 8.33 per cent in Dollar terms and growth of 10.80 per cent in Rupee terms over the level of im .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ports valued at US $ 35303.52 million (Rs. 206163.02 crore) in June, 2013. Cumulative value of imports for the period April-June 2014-15 was US $ 113196.23 million (Rs 676694.53 crore) as against US $ 121613.93 million (Rs 678294.38 crore) registering a negative growth of 6.92 per cent in Dollar terms and negative growth of 0.24 per cent in Rupee terms over the same period last year. CRUDE OIL AN .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... D NON-OIL IMPORTS: Oil imports during June, 2014 were valued at US $ 13342.8 million which was 10.90 per cent higher than oil imports valued at US $ 12031.1 million in the corresponding period last year. Oil imports during April-June, 2014-15 were valued at US $ 40785.5 million which was 4.0 per cent higher than the oil imports of US $ 39204.1 million in the corresponding period last year. Non- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oil imports during June, 2014 were estimated at US $ 24900.2 million which was 7.0 per cent higher than non-oil imports of US $ 23272.4 million in June, 2013. Non-oil imports during April-June, 2014-15 were valued at US $ 72410.7 million which was 12.1 per cent lower than the level of such imports valued at US $ 82409.8 million in April-June, 2013-14. TRADE BALANCE The trade deficit for April-J .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... une, 2014-15 was estimated at US $ 33083.93 million which was lower than the deficit of US $ 48326.21 million during April-June, 2013-14. INDIA'S FOREIGN TRADE (SERVICES): MAY, 2014 (As per the RBI Press Release dated 15th July, 2014) A. EXPORTS (Receipts) Exports during May, 2014 were valued at US $ 13920 Million (Rs. 82552.56 Crore). B. IMPORTS (Payments) Imports during May, 2014 were va .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lued at US $ 8027 Million (Rs. 47604.12 Crore). C. TRADE BALANCE The trade balance in Services (i.e. net exports of Services) for May, 2014 was estimated at US $ 5893 Million. EXPORTS & IMPORTS (MERCHANDISE) : (US $ Million) (PROVISIONAL) JUNE APRIL-JUNE EXPORTS(including re-exports) 2013-14 24023.36 73287.72 2014-15 26479.72 80112.30 %Growth2014-15/ 2013-14 10.22 9.31 IMPORTS .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2013-14 35303.52 121613.93 2014-15 38242.96 113196.23 %Growth 2014-15/ 2013-14 8.33 -6.92 TRADE BALANCE 2013-14 -11280.16 -48326.21 2014-15 -11763.24 -33083.93 EXPORTS & IMPORTS : (Rs. Crore) (PROVISIONAL) JUNE APRIL-JUNE EXPORTS(including re-exports) 2013-14 140289.92 409750.38 2014-15 158165.21 478928.90 %Growth 2014-15/ 2013-14 12.74 16.88 IMPORTS 2013-14 206163 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... .02 678294.38 2014-15 228427.88 676694.53 %Growth 2014-15/ 2013-14 10.80 -0.24 TRADE BALANCE 2013-14 -65873.10 -268544.00 2014-15 -70262.67 -197765.63 EXPORTS & IMPORTS (SERVICES): (US $ Million) (PROVISIONAL) MAY 2014 EXPORTS (Receipts) 13920.00 IMPORTS (Payments) 8027.00 TRADE BALANCE (Net Export of Services) 5893.00 EXPORTS & IMPORTS (SERVICES) : (Rs. Crore) (PROVISIONA .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... L) MAY 2014 EXPORTS (Receipts) 82552.56 IMPORTS (Payments) 47604.12 TRADE BALANCE (Net Export of Services) 34948.44 For Quick Estimates for Merchandise Trade: Selected Major Commodities, Click Here.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates