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TMI BlogIndia’s Merchandise Trade: April - September 2018 and September 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... India’s Merchandise Trade: April - September 2018 and September 2018 - News and Press Release Dated:- 15-10-2018 - News - Ministry of Commerce Industry Posted On: 15 OCT 2018 5:13PM by PIB Delhi Headline Facts Mid-year assessment shows exports growing in a healthy manner, building on export growth seen in 2016-17 and 2017-18. In first six months (April-September 2018), merc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... handise exports exhibited positive growth of 19.93 per cent in Rupee terms and 12.54 per cent in US$ Merchandise Exports in September 2018 exhibited a positive growth of 9.65 per cent in Rupee terms. Merchandise Trade deficit is USD 13.98 Billion in September 2018 which is the lowest in last 5 months, despite high oil prices. Exports Mid-year assessment of the first six months of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his financial year shows that exports are growing in a healthy manner to build on the export growth seen in 2016-17 and 2017-18. In the first six months (April-September 2018), merchandise exports exhibited a positive growth of 19.93 per cent in Rupee terms and12.54 per cent in US$ terms over same period last year. Exports of Non-petroleum and Non Gems and Jewellery during April-September 2018 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exhibited a positive growth of 17.51 per cent in Rupee terms and 10.32 per cent in US$ terms over same period last year. Thus the growth is robust and not confined to petroleum products alone. Merchandise Exports in September 2018 exhibited a positive growth of 9.65 per cent in Rupee terms. In dollar terms there was a marginal negative growth in merchandise exports of 2.15 per cent in September ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2018. This decline is entirely due to the base effect resulting from September 2017 being an abnormally high growth month of about 26% in dollar terms due to the imminent cut off then for drawbacks at pre-GST rates. This is a temporary out of trend phenomenon. Exporters continue to be resurgent with their realised incomes having gone up by almost 10 percent. October 2018 figures promise to be as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per the ongoing six-month trend again. During September 2018, major commodity groups showing positive export growth over the corresponding month of last year are Petroleum Products (26.8), Organic Inorganic Chemicals (16.9%), Drugs Pharmaceuticals (3.8%), Cotton Yarn/Fabs./made-ups, Handloom Products etc. (3.6%) and Plastic Linoleum (28.2%) (in USD terms). Imports Imports during ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... April-September 2018 exhibited a positive growth of 16.16 per cent in US$ terms. In September 2018, imports exhibited a positive growth of 10.45 per cent in US$ terms (which is the lowest in last 5 months) and 23.78 in Rupee terms. Trade deficit Merchandise Trade deficit during April-September 2018 is USD 94.32 Billion and USD 13.98 Billion in September 2018 which is the lowest in la ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... st 5 months, despite high oil prices. *** MM/ SB - News - Press release - PIB Tax Management India - taxmanagementindia - 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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