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

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..... India’s Foreign Trade (Merchandise): August, 2014 - News and Press Release Dated:- 16-9-2014 - News - EXPORTS (including re-exports) Exports during August, 2014 were valued at US $ 26958.22 million (Rs.164162.61 crore) which was 2.35 per cent higher in Dollar terms (1.39 per cent lower in Rupee terms) than the level of US $ 26337.98 million (Rs. 166479.20 crore) during August, 2013. Cumulative value of exports for the period April-August 2014-15 was US $ 134798.12 million (Rs 809619.58 crore) as against US $ 125618.95 million (Rs 731510.66 crore) registering a growth of 7.31 per cent in Dollar terms and growth of 10.68 per cent in Rupee terms over the same period last year. IMPORTS Imports during August, 2014 were value .....

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..... d at US $ 37796.82 million (Rs.230164.50 crore) representing a growth of 2.08 per cent in Dollar terms and a negative growth of 1.65 per cent in Rupee terms over the level of imports valued at US $ 37026.02 million (Rs. 234037.05 crore) in August, 2013. Cumulative value of imports for the period April-August 2014-15 was US $ 190949.28 million (Rs 1146830.53 crore) as against US $ 196221.08 million (Rs 1137358.03 crore) registering a negative growth of 2.69 per cent in Dollar terms and growth of 0.83 per cent in Rupee terms over the same period last year. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during August, 2014 were valued at US $ 12839.1 million which was 14.97 per cent lower than oil imports valued at US $ 15099.4 mill .....

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..... ion in the corresponding period last year. Oil imports during April-August, 2014-15 were valued at US $ 67979.4 million which was 1.77 per cent higher than the oil imports of US $ 66799.5 million in the corresponding period last year. Non-oil imports during August, 2014 were estimated at US $ 24957.7 million which was 13.82 per cent higher than non-oil imports of US $ 21926.6 million in August, 2013. Non-oil imports during April-August, 2014-15 were valued at US $ 122969.9 million which was 4.99 per cent lower than the level of such imports valued at US $ 129421.6 million in April-August, 2013-14. TRADE BALANCE The trade deficit for April-August, 2014-15 was estimated at US $ 56151.16 million which was lower than the deficit o .....

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..... f US $ 70602.13 million during April-August, 2013-14. INDIA S FOREIGN TRADE (SERVICES): JULY, 2014 (As per the RBI Press Release dated 15 th September, 2014) A. EXPORTS (Receipts) Exports during July, 2014 were valued at US $ 13344 Million (Rs. 80142.20 Crore). B. IMPORTS (Payments) Imports during July, 2014 were valued at US $ 6822 Million (Rs. 40971.98 Crore). C. TRADE BALANCE The trade balance in Services (i.e. net exports of Services) for July, 2014 was estimated at US $ 6522 Million. EXPORTS IMPORTS (MERCHANDISE): (US $ Million) (PROVISIONAL) AUGUST .....

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..... APRIL-AUGUST EXPORTS(including re-exports) 2013-14 26337.98 125618.95 2014-15 26958.22 134798.12 %Growth2014-15/ 2013-14 2.35 7.31 IMPORTS 2013-14 37026.02 196221.08 2014-15 37796.82 190949.28 %Growth 2014-15/ 2013-14 2.08 -2.69 TRADE BALANCE .....

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..... 2013-14 -10688.04 -70602.13 2014-15 -10838.60 -56151.16 EXPORTS IMPORTS (MERCHANDISE): (Rs. Crore) (PROVISIONAL) AUGUST APRIL-AUGUST EXPORTS(including re-exports) 2013-14 166479.20 731510.66 .....

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..... 2014-15 164162.61 809619.58 %Growth 2014-15/ 2013-14 -1.39 10.68 IMPORTS 2013-14 234037.05 1137358.03 2014-15 230164.50 1146830.53 %Growth 2014-15/ 2013-14 -1.65 0.83 TRADE BALANCE 2013-14 -67557.85 -405847.37 2014-15 -66001.89 -337210.95 .....

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..... EXPORTS IMPORTS (SERVICES) : (US $ Million) (PROVISIONAL) JULY 2014-15 EXPORTS (Receipts) 13344.00 IMPORTS (Payments) 6822.00 TRADE BALANCE 6522.00 EXPORTS IMPORTS (SERVICES): (Rs. Crore) (PROVISIONAL) JUL .....

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..... Y 2014-15 EXPORTS (Receipts) 80142.20 IMPORTS (Payments) 40971.98 TRADE BALANCE 39170.22 Source: RBI Press Release dated 15 th September, 2014 For quick estimates for selected major commodities for August 2014, click here . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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