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17
January 2018
 |
Trade Deficit
(The Total
Investment & Insurance Solutions)
The
trade deficit for December 2017 was estimated at $ 14.88 billion as against the
deficit of $ 10.55 billion during December 2016.
Merchandise Trade:
Exports (including re-exports)
Exports during December 2017 have exhibited positive growth of 12.36% in dollar terms vis-à-vis December 2016. Exports have been on a positive trajectory since August 2016 to December 2017 with a dip of 1.1% in the month of October 2017.
Exports during December 2017 valued at $ 27 billion as compared to $ 24 billion during December, 2016. In rupee terms, exports were valued at Rs173,648.73cr as compared to Rs163,344.45cr during December, 2016, registering a rise of 6.31%.
During December 2017, major commodity groups of export showing positive growth over the corresponding month of last year are engineering goods (25.32%), petroleum products (25.15%), gems & jewellery (2.38%), organic & inorganic chemicals (31.36%), and drugs & pharmaceuticals (6.95%).
Cumulative value of exports for the period April-December 2017-18 was Rs14,41,419.91cr as against Rs13,38,341.51cr registering a positive growth of 12.05% in dollar terms and 7.70% in rupee terms over the same period last year.
Non-petroleum and non-gems & jewellery exports in December 2017 were valued at $ 20.18 billion as against $ 18 billion in December 2016, an increase of 12.06%. Non-petroleum and non-gems and jewellery exports during April -December 2017-18 were valued at $ 16.37 billion as compared to $ 14.46 billion for the corresponding period in 2016-17, an increase of 13.16%.
Imports
Imports during December 2017 were valued at $ 41.91 billion, which was 21.12% higher in dollar terms and 14.59% higher in rupee terms over the level of imports valued at $34.60 billion in December, 2016. Cumulative value of imports for the period April-December 2017-18 was $33.83 billion as against $27.78 billion registering a positive growth of 21.76% in dollar terms and 17% in rupee terms over the same period last year.The Total Investment & Insurance Solutions
Merchandise Trade:
Exports (including re-exports)
Exports during December 2017 have exhibited positive growth of 12.36% in dollar terms vis-à-vis December 2016. Exports have been on a positive trajectory since August 2016 to December 2017 with a dip of 1.1% in the month of October 2017.
Exports during December 2017 valued at $ 27 billion as compared to $ 24 billion during December, 2016. In rupee terms, exports were valued at Rs173,648.73cr as compared to Rs163,344.45cr during December, 2016, registering a rise of 6.31%.
During December 2017, major commodity groups of export showing positive growth over the corresponding month of last year are engineering goods (25.32%), petroleum products (25.15%), gems & jewellery (2.38%), organic & inorganic chemicals (31.36%), and drugs & pharmaceuticals (6.95%).
Cumulative value of exports for the period April-December 2017-18 was Rs14,41,419.91cr as against Rs13,38,341.51cr registering a positive growth of 12.05% in dollar terms and 7.70% in rupee terms over the same period last year.
Non-petroleum and non-gems & jewellery exports in December 2017 were valued at $ 20.18 billion as against $ 18 billion in December 2016, an increase of 12.06%. Non-petroleum and non-gems and jewellery exports during April -December 2017-18 were valued at $ 16.37 billion as compared to $ 14.46 billion for the corresponding period in 2016-17, an increase of 13.16%.
Imports
Imports during December 2017 were valued at $ 41.91 billion, which was 21.12% higher in dollar terms and 14.59% higher in rupee terms over the level of imports valued at $34.60 billion in December, 2016. Cumulative value of imports for the period April-December 2017-18 was $33.83 billion as against $27.78 billion registering a positive growth of 21.76% in dollar terms and 17% in rupee terms over the same period last year.The Total Investment & Insurance Solutions
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