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TMI BlogIndia’s Foreign Trade (Merchandise): May, 2015 including INDIA’S FOREIGN TRADE (SERVICES): APRIL, 2015X X X X Extracts X X X X X X X X Extracts X X X X ..... India’s Foreign Trade (Merchandise): May, 2015 including INDIA’S FOREIGN TRADE (SERVICES): APRIL, 2015 - News and Press Release Dated:- 16-6-2015 - News - India s Foreign Trade (Merchandise): May, 2015 A. EXPORTS (including re-exports) Exports during May, 2015 were valued at US $22346.75 million (Rs. 142572.92 crore) which was 20.19 per cent lower in Dollar terms (14.14 per cent lower in Rupee terms) than the level of US $27998.50 million (Rs. 166045.09 crore) during May, 2014.Cumulative value of exports for the period April-May 2015-16 was US $ 44401.47 million (Rs 280973.36 crore) as against US $53632.58 million (Rs 320763.69 crore) registering a negative growth of 17.21 per cent in Dollar terms and 12.40 per cent in Rupee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... terms over the same period last year. B. IMPORTS Imports during May, 2015 were valued at US $32752.99 (Rs.208965.06 crore) which was 16.52 per cent lower in Dollar terms and 10.19 per cent lower in Rupee terms over the level of imports valued at US $ 39233.24 million (Rs. 232672.72 crore) in May, 2014. Cumulative value of imports for the period April-May 2015-16 was US $65800.01 million (Rs 416345.69 crore) as against US $ 74953.27 million (Rs 448266.65 crore) registering a negative growth of 12.21 per cent in Dollar terms and 7.12 per cent in Rupee terms over the same period last year. C. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during May, 2015 were valued at US $8538.67 million which was 40.97 per cent lower t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... han oil imports valued at US $14464.88 million in the corresponding period last year. Oil imports during April-May, 2015-16 were valued at US $ 15981.59 million which was 41.76 per cent lower than the oil imports of US $ 27442.71 million in the corresponding period last year. Non-oil imports during May, 2015 were estimated at US $24214.32 million which was 2.24 per cent lower than non-oil imports of US $24768.36 million in May, 2014. Non-oil imports during April-May, 2015-16 were valued at US $ 49818.42 million which was 4.86 per cent higher than the level of such imports valued at US $ 47510.56 million in April-May, 2014-15. D. TRADE BALANCE The trade deficit for April-May, 2015-16 was estimated at US $ 21398.54 million which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was higher than the deficit of US $ 21320.69 million during April-May, 2014-15. EXPORTS IMPORTS : (US $ Million) (PROVISIONAL) MAY APRIL-MAY EXPORTS(including re-exports) 2014-15 27998.50 53632.58 2015-16 22346.75 44401.47 %Growth2015-16/ 2014-15 -20.19 -17.21 IMPORTS ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2014-15 39233.24 74953.27 2015-16 32752.99 65800.01 %Growth2015-16/ 2014-15 -16.52 -12.21 TRADE BALANCE 2014-15 -11234.74 -21320.69 2015-16 -10406.24 -21398.54 EXPORTS IMPORTS : (Rs. Crore) (PROVISIONAL) MAY APRIL-MAY EXPORTS(including re-exports) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2014-15 166045.09 320763.69 2015-16 142572.92 280973.36 %Growth2015-16/ 2014-15 -14.14 -12.40 IMPORTS 2014-15 232672.72 448266.65 2015-16 208965.06 416345.69 %Growth2015-16/ 2014-15 -10.19 -7.12 TRADE BALANCE 2014-15 -66627.63 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -127502.96 2015-16 -66392.14 -135372.33 INDIA S FOREIGN TRADE (SERVICES): APRIL, 2015 (As per the RBI Press Release dated 15 th June, 2015) A. EXPORTS (Receipts) Exports during April, 2015 were valued at US $ 13012 Million (Rs. 81654.46 Crore). B. IMPORTS (Payments) Imports during April, 2015 were valued at US $ 7324 Million (Rs. 45960.44 Crore). C. TRADE BALANCE The trade balance in Services (i.e. net export of Services) for April, 2015 was estimated at US $ 5688 Million. EXPORTS IMPORTS (SERVICES) : (US $ Million) (PROVISIONAL) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... April 2015-16 EXPORTS (Receipts) 13012.00 IMPORTS (Payments) 7324.00 TRADE BALANCE 5688.00 EXPORTS IMPORTS (SERVICES): (Rs. Crore) (PROVISIONAL) April 2015-16 EXPORTS (Receipts) 81654.46 IMPORTS (Payments) 45960.44 TRADE BALANCE 35694.02 Source: RBI Press Release dated 15th June 2015 - News - Press release - PIB Tax Management India - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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