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

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..... India’s Foreign Trade (Merchandise): December, 2014 - News and Press Release Dated:- 15-1-2015 - News - EXPORTS (including re-exports) Exports during December, 2014 were valued at US $ 25397.74 million (Rs.159378.46 crore) which was 3.77 per cent lower in Dollar terms (2.46 per cent lower in Rupee terms) than the level of US $ 26393.06 million (Rs. 163400.22 crore) during December, 2013. Cumulative value of exports for the period April-December 2014-15 was US $ 241153.78 million (Rs 1465171.42 crore) as against US $ 231829.87 million (Rs 1395186.97 crore) registering a growth of 4.02 per cent in Dollar terms and growth of 5.02 per cent in Rupee terms over the same period last year. .....

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..... IMPORTS Imports during December, 2014 were valued at US $ 34832.56 million (Rs.218584.77 crore) which was 4.78 per cent lower in Dollar terms and 3.48 per cent lower in Rupee terms over the level of imports valued at US $ 36580.09 million (Rs. 226468.46 crore) in December, 2013. Cumulative value of imports for the period April-December 2014-15 was US $ 351205.70 million (Rs 2134282.62 crore) as against US $ 338907.35 million (Rs 2028361.39 crore) registering a growth of 3.63 per cent in Dollar terms and growth of 5.22 per cent in Rupee terms over the same period last year. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during December, 2014 were valued at US $ 9941.54 .....

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..... million which was 28.6 per cent lower than oil imports valued at US $ 13923.48 million in the corresponding period last year. Oil imports during April-December, 2014-15 were valued at US $ 116499.48 million which was 4.7 per cent lower than the oil imports of US $ 122208.56 million in the corresponding period last year. Non-oil imports during December, 2014 were estimated at US $ 24891.02 million which was 9.9 per cent higher than non-oil imports of US $ 22656.61 million in December, 2013. Non-oil imports during April-December, 2014-15 were valued at US $ 234706.22 million which was 8.3 per cent higher than the level of such imports valued at US $ 216698.79 million in April-December, 2013-14. TRADE BALANCE The trade defici .....

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..... t for April-December, 2014-15 was estimated at US $ 110051.92 million which was higher than the deficit of US $ 107077.48 million during April-December, 2013-14. INDIA S FOREIGN TRADE (SERVICES): NOVEMBER, 2014 (As per the RBI Press Release dated 15 th January, 2015) A. EXPORTS (Receipts) Exports during November, 2014 were valued at US $ 12473 Million (Rs. 76963.65 Crore). B. IMPORTS (Payments) Imports during November, 2014 were valued at US $ 6155 Million (Rs. 37978.94 Crore). C. TRADE BALANCE The trade balance in Services (i.e. net exports of Services) for November, 2014 was estimated at US $ 6318 Million. EXPORTS IMPORTS (MERCHANDISE): (US $ Million) .....

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..... (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2013-14 26393.06 231829.87 2014-15 25397.74 241153.78 %Growth2014-15/ 2013-14 -3.77 4.02 IMPORTS 2013-14 36580.09 338907.35 2014-15 34832.56 351205.70 .....

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..... %Growth 2014-15/ 2013-14 -4.78 3.63 TRADE BALANCE 2013-14 -10187.03 -107077.48 2014-15 -9434.82 -110051.92 EXPORTS IMPORTS (MERCHANDISE): (Rs. Crore) (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2013-14 163400.22 1395186.97 .....

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..... 2014-15 159378.46 1465171.42 %Growth 2014-15/ 2013-14 -2.46 5.02 IMPORTS 2013-14 226468.46 2028361.39 2014-15 218584.77 2134282.62 %Growth 2014-15/ 2013-14 -3.48 5.22 TRADE BALANCE 2013-14 -63068.24 -633174.42 2014-15 -59206.31 .....

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..... -669111.20 EXPORTS IMPORTS (SERVICES) : (US $ Million) (PROVISIONAL) November 2014-15 EXPORTS (Receipts) 12473.00 IMPORTS (Payments) 6155.00 TRADE BALANCE 6318.00 EXPORTS IMPORTS (SERVICES): (Rs. Crore) (PROVISIONA .....

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..... L) November 2014-15 EXPORTS (Receipts) 76963.65 IMPORTS (Payments) 37978.94 TRADE BALANCE 38984.71 Source: RBI Press Release dated 15 th January 2015 For quick estimates for selected major commodities for December 2014, click here . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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