F.No. 1/2/2017-EPL-1 Government of India Ministry of Commerce & Industry Department of Commerce Economic Division

Transcription

1 F.No. 1/2/2017-EPL-1 Government of India Ministry of Commerce & Industry Department of Commerce Economic Division. PRESS RELEASE INDIA S FOREIGN TRADE: December 2018 New Delhi, Dated 15 th January 2019 India s overall exports (Merchandise and Services combined) in April-December * are estimated to be USD Billion, exhibiting a positive growth of per cent over the same period last year. Overall imports in April-December * are estimated to be USD Billion, exhibiting a positive growth of per cent over the same period last year. Merchandise April-December Services April-December * (Estimated) Overall Trade = Merchandise+Services April-December * (Estimated) Exports USD Billion 10.18% Exports USD Billion 20.18% Exports USD Billion 13.79% Imports USD Billion 12.61% Imports USD 92.81Billion 23.84% Imports USD Billion 14.63% Trade Deficit USD Billion Net of Services USD Billion Trade deficit USD Billion *Note: Services data pertains to April-November as November 2018 is the latest data available as per RBI s Press Release dated 15th January It is arrived at by adding Month-wise QE data of RBI s press release for April to November This data is provisional and subject to revision by RBI. In addition, it may be noted that data for December 2018 is estimated and added to the April-November data of RBI to calculate the Overall Trade Deficit for April-December It will be revised based on RBI s next press release for December 2018.

2 I. MERCHANDISE TRADE EXPORTS (including re-exports) Exports in December 2018 were US $ Billion, as compared to US $ Billion in December 2017, exhibiting a positive growth of 0.34 per cent. In Rupee terms, exports were Rs. 1,97, Crore in December 2018, as compared to Rs. 1,78, Crore in December 2017, registering a positive growth of per cent. In December 2018, major commodity groups of export showing positive growth over the corresponding month of last year are Petroleum Products (13.18%) Organic & Inorganic Chemicals (5.5%) RMG of all Textiles (2.77%) Electronic Goods (50.81%) Plastic & Linoleum (20.18%) Cumulative value of exports for the period April-December was US $ Billion (Rs. 17,11, Crore) as against US $ Billion (Rs. 14,36, Crore) during the period April-December , registering a positive growth of per cent in Dollar terms (19.16 per cent in Rupee terms). Non-petroleum and Non Gems and Jewellery exports in December 2018 were US $ Billion, as compared to US $ Billion in December 2017, exhibiting a positive growth of 1.08 per cent. Non-petroleum and Non Gems and Jewellery exports in April-December were US $ Billion, as compared to US $ Billion for the corresponding period in , an increase of 7.90 per cent. IMPORTS Imports in December 2018 were US $ Billion (Rs. 2,90, Crore), which was 2.44 per cent lower in Dollar terms and 7.41 per cent higher in Rupee terms over imports of US $ Billion (Rs. 2,70, Crore) in December Cumulative value of imports for the period April-December was US $ Billion (Rs. 26,97, Crore), as against US $ Billion (Rs. 22,14, Crore) during the period April-December , registering a positive growth of per cent in Dollar terms (21.81 per cent in Rupee terms).

3 Major commodity groups of import showing high growth in December 2018 over the corresponding month of last year are: Petroleum, Crude & products (3.16%) Machinery, electrical & non-electrical (8.38%) Coal, Coke & Briquettes, etc. (11.39%) Organic & Inorganic Chemicals (2.72%) Iron & Steel (15.61%) CRUDE OIL AND NON-OIL IMPORTS: Oil imports in December 2018 were US $ Billion (Rs. 75, Crore), which was 3.16 percent higher in Dollar terms (13.58 percent higher in Rupee terms), compared to US $ Billion (Rs. 66, Crore) in December Oil imports in April-December were US $ Billion (Rs. 7,55, Crore) which was per cent higher in Dollar terms (54.73 percent higher in Rupee terms) compared to US $ Billion (Rs. 4,88, Crore), over the same period last year. In this connection it is mentioned that the global Brent price ($/bbl) has decreased by % in December 2018 vis-à-vis December 2017 as per data available from World Bank (Pink Sheet). Non-oil imports in December 2018 were estimated at US $ Billion (Rs. 2,14, Crore) which was 4.27 per cent lower in Dollar terms (5.40 percent higher in Rupee terms), compared to US $ Billion (Rs. 2,03, Crore) in December Non-oil imports in April-December were US $ Billion (Rs. 19,42, Crore) which was 4.06 per cent higher in Dollar terms (12.50 percent higher in Rupee terms), compared to US $ Billion (Rs. 17,26, Crore) in April-December Non-Oil and Non-Gold imports were US $ billion in December 2018, recording a negative growth of 1.86 per cent, as compared to Non-Oil and Non-Gold imports in December Non-Oil and Non-Gold imports were US $ billion in April- December , recording a positive growth of 5.32 per cent, as compared to Non-Oil and Non-Gold imports in April-December

4 II. TRADE IN SERVICES (for November, 2018, as per the RBI Press Release dated 15th January 2019) EXPORTS (Receipts) Exports in November 2018 were US $ Billion (Rs. 1,19, Crore) registering a negative growth of 0.82 per cent in dollar terms, vis-à-vis October (as per RBI s Press Release for the respective months). IMPORTS (Payments) Imports in November 2018 were US $ Billion (Rs. 72, Crore) registering a positive growth of 0.10 per cent in dollar terms, vis-à-vis October (as per RBI s Press Release for the respective months). III.TRADE BALANCE MERCHANDISE: The trade deficit for December 2018 was estimated at US $ Billion as against the deficit of US $ Billion in December SERVICES: As per RBI s Press Release dated 15th January 2019, the trade balance in Services (i.e. Net Services export) for November, 2018 is estimated at US $ 6.57 Billion. OVERALL TRADE BALANCE: Taking merchandise and services together, overall trade deficit for April-December * is estimated at US $ Billion as compared to US $ Billion in April-December *Note: Services data pertains to April-November as November 2018 is the latest data available as per RBI s Press Release dated 15th January It is arrived at by adding Month-wise QE data of RBI s press release for April to November This data is provisional and subject to revision by RBI. In addition, it may be noted that data for December 2018 is estimated and added to the April-November data of RBI to calculate the Overall Trade Deficit for April-December It will be revised based on RBI s next press release for December 2018.

5 MERCHANDISE TRADE EXPORTS & IMPORTS: (US $ Billion) (PROVISIONAL) DECEMBER APRIL- DECEMBER EXPORTS (including re-exports) %Growth / IMPORTS %Growth / TRADE BALANCE EXPORTS & IMPORTS: (Rs. Crore) (PROVISIONAL) DECEMBER APRIL- DECEMBER EXPORTS(including re-exports) %Growth / IMPORTS %Growth / TRADE BALANCE

6 SERVICES TRADE EXPORTS & IMPORTS (SERVICES) : (US $ Billion) (Provisional) NOVEMBER 2018 APRIL-NOVEMBER EXPORTS (Receipts) IMPORTS (Payments) TRADE BALANCE EXPORTS & IMPORTS (SERVICES): (Rs. Crore) (Provisional) NOVEMBER 2018 APRIL-NOVEMBER EXPORTS (Receipts) 1,19, ,36, IMPORTS (Payments) 72, ,75, TRADE BALANCE 47, ,60, Note: Services data pertains to April-November as November 2018 is the latest data available as per RBI s Press Release dated 15 th January April-November data is arrived at by adding Month-wise QE data. This has been used along with the estimate of service exports and imports for December 2018, as explained in page-1 for the purpose of this Press note.

7 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2018 TRADE: EXPORT Sl. (Values in Rs. crores) % change Commodities No. MAY'17 MAY'18 MAY'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products Iron Ore Mica, Coal & Other Ores, Minerals including processed minerals Leather & leather products Ceramic products & glassware Gems & Jewellery Drugs & Pharmaceuticals Organic & Inorganic Chemicals Engineering Goods Electronic Goods Cotton Yarn/Fabs./made-ups, Handloom Products etc Man-made Yarn/Fabs./made-ups etc RMG of all Textiles Jute Mfg. including Floor Covering Carpet Handicrafts excl. handmade carpet Petroleum Products Plastic & Linoleum Sub-Total GRAND TOTAL Note: The figures for MAY'18 and MAY'17 are provisional and subject to change 1

8 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2018 TRADE: EXPORT Sl. (Values in Million USD) % change Commodities No. MAY'17 MAY'18 MAY'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products Iron Ore Mica, Coal & Other Ores, Minerals including processed minerals Leather & leather products Ceramic products & glassware Gems & Jewellery Drugs & Pharmaceuticals Organic & Inorganic Chemicals Engineering Goods Electronic Goods Cotton Yarn/Fabs./made-ups, Handloom Products etc Man-made Yarn/Fabs./made-ups etc RMG of all Textiles Jute Mfg. including Floor Covering Carpet Handicrafts excl. handmade carpet Petroleum Products Plastic & Linoleum Sub-Total GRAND TOTAL Note 1: Exports include Re-Exports. Note 2: The figures for MAY'18 and MAY'17 are provisional and subject to change 2

9 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Rs. crores) % change MAY'17 MAY'18 MAY'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring materials Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & non-electrical Transport equipment Project goods Professional instrument, Optical goods, etc Electronic goods Medicinal & Pharmaceutical products Gold Silver Sub-Total GRAND TOTAL Note: The figures for MAY'18 and MAY'17 are provisional and subject to change 3

10 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR MAY 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change MAY'17 MAY'18 MAY'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring materials Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & non-electrical Transport equipment Project goods Professional instrument, Optical goods, etc Electronic goods Medicinal & Pharmaceutical products Gold Silver Sub-Total GRAND TOTAL Note 1: Imports include Re-Imports. Note 2: The figures for MAY'18 and MAY'17 are provisional and subject to change. 4

11 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR DECEMBER 2018 TRADE: EXPORT Sl. (Values in Rs. crores) % change Commodities No. DEC'17 DEC'18 DEC'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products Iron Ore Mica, Coal & Other Ores, Minerals including processed minerals Leather & leather products Ceramic products & glassware Gems & Jewellery Drugs & Pharmaceuticals Organic & Inorganic Chemicals Engineering Goods Electronic Goods Cotton Yarn/Fabs./made-ups, Handloom Products etc Man-made Yarn/Fabs./made-ups etc RMG of all Textiles Jute Mfg. including Floor Covering Carpet Handicrafts excl. handmade carpet Petroleum Products Plastic & Linoleum Sub Total GRAND TOTAL Note 1: Grand total is inclusive of component Other. Note 2: The figures for DECEMBER'18 and DECEMBER'17 are provisional and subject to change 1

12 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR DECEMBER 2018 TRADE: EXPORT Sl. (Values in Million USD) % change Commodities No. DEC'17 DEC'18 DEC'18 1 Tea Coffee Rice Other cereals Tobacco Spices Cashew Oil Meals Oil seeds Fruits & Vegetables Cereal preparations & miscellaneous processed items Marine Products Meat, dairy & poultry products Iron Ore Mica, Coal & Other Ores, Minerals including processed minerals Leather & leather products Ceramic products & glassware Gems & Jewellery Drugs & Pharmaceuticals Organic & Inorganic Chemicals Engineering Goods Electronic Goods Cotton Yarn/Fabs./made-ups, Handloom Products etc Man-made Yarn/Fabs./made-ups etc RMG of all Textiles Jute Mfg. including Floor Covering Carpet Handicrafts excl. hand made carpet Petroleum Products Plastic & Linoleum Sub Total GRAND TOTAL Note 1: Exports include Re-Exports. Note 2: The figures for DECEMBER'18 and DECEMBER'17 are provisional and subject to change Note 3: Grand total is inclusive of component Other. 2

13 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR DECEMBER 2018 TRADE: IMPORT Sl. (Values in Rs. crores) % change Commodities No. DEC'17 DEC'18 DEC'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring mtrls Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & non-electrical Transport equipment Project goods Professional instrument, Optical goods, etc Electronic goods Medicinal. & Pharmaceutical products Gold Silver Sub Total GRAND TOTAL Note 1: Grand total is inclusive of component Other. Note 2: The figures for DECEMBER'18 and DECEMBER'17 are provisional and subject to change 3

14 QUICK ESTIMATES FOR SELECTED MAJOR COMMODITIES FOR DECEMBER 2018 TRADE: IMPORT Sl. No. Commodities (Values in Million USD) % change DEC'17 DEC'18 DEC'18 1 Cotton Raw & Waste Vegetable Oil Pulses Fruits & vegetables Pulp and Waste paper Textile yarn Fabric, made-up articles Fertilisers, Crude & manufactured Sulphur & Unroasted Iron Pyrites Metalliferous ores & other minerals Coal, Coke & Briquettes, etc Petroleum, Crude & products Wood & Wood products Leather & leather products Organic & Inorganic Chemicals Dyeing/tanning/colouring mtrls Artificial resins, plastic materials, etc Chemical material & products Newsprint Pearls, precious & Semi-precious stones Iron & Steel Non-ferrous metals Machine tools Machinery, electrical & non-electrical Transport equipment Project goods Professional instrument, Optical goods, etc Electronic goods Medicinal. & Pharmaceutical products Gold Silver Sub Total GRAND TOTAL Note 1: Imports include Re-Imports. Note 2: The figures for DECEMBER'18 and DECEMBER'17 are provisional and subject to change. Note 3: Grand total is inclusive of component Other. 4