A. EXPORTS (including re-exports) 

Exports during June, 2015 were valued at US $22289.43 million (Rs. 142341.88 crore) which was 15.82 per cent lower in Dollar terms (10.00 per cent lower in Rupee terms) than the level of US $26479.72 million (Rs. 158165.21 crore) during June, 2014.Cumulative value of exports for the period April-June 2015-16 was US $ 66690.90 million (Rs 423315.24 crore) as against US $80112.30 million (Rs 478928.90 crore) registering a negative growth of 16.75 per cent in Dollar terms and 11.61 per cent in Rupee terms over the same period last year.

B. IMPORTS 

Imports during June, 2015 were valued at US $33116.55 million (Rs. 211484.61 crore) which was 13.40 per cent lower in Dollar terms and 7.42 per cent lower in Rupee terms  over the level of imports valued at US $ 38242.96 million (Rs. 228427.88 crore) in June, 2014. Cumulative value of imports for the period April-June 2015-16  was US $98916.56 million (Rs 627830.30 crore) as against US $ 113196.23 million (Rs 676694.53 crore) registering a negative growth of 12.61 per cent in Dollar terms and 7.22 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:      

Oil imports during June, 2015 were valued at US $8676.38 million which was 34.97 per cent lower than oil imports valued at US $13342.79 million in the corresponding period last year. Oil imports during April-June, 2015-16 were valued at US $ 24657.97 million which was 39.54 per cent lower than the oil imports of US $ 40785.50 million in the corresponding period last year. 

Non-oil imports during June, 2015 were estimated at US $24440.17 million which was 1.85 per cent lower than non-oil imports of US $24900.17 million in June, 2014. Non-oil imports during April-June, 2015-16 were valued at US $ 74258.59 million which was 2.55 per cent higher than the level of such imports valued at US $ 72410.73 million in April-June, 2014-15.

D. TRADE BALANCE

The trade deficit for April-June, 2015-16 was estimated at US $ 32225.66 million which was lower than the deficit of US $ 33083.93 million during April-June, 2014-15.

XPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)
	JUNE	APRIL-JUNE
EXPORTS(including re-exports)
2014-15	26479.72	80112.30
2015-16	22289.43	66690.90
%Growth2015-16/ 2014-15	-15.82	-16.75
IMPORTS
2014-15	38242.96	113196.23
2015-16	33116.55	98916.56
%Growth2015-16/ 2014-15	-13.40	-12.61
TRADE BALANCE
2014-15	-11763.24	-33083.93
2015-16	-10827.12	-32225.66
EXPORTS & IMPORTS  : (Rs. Crore)
(PROVISIONAL)
	JUNE	APRIL-JUNE
EXPORTS(including re-exports)
2014-15	158165.21	478928.90
2015-16	142341.88	423315.24
%Growth2015-16/ 2014-15	-10.00	-11.61
IMPORTS
2014-15	228427.88	676694.53
2015-16	211484.61	627830.30
%Growth2015-16/ 2014-15	-7.42	-7.22
TRADE BALANCE
2014-15	-70262.67	-197765.63
2015-16	-69142.73	-204515.06

INDIA’S FOREIGN TRADE (SERVICES): MAY, 2015

(As per the RBI Press Release dated 15^th July, 2015)

A.    EXPORTS (Receipts)

Exports during May, 2015 were valued at US $ 11874 Million (Rs. 75756.48 Crore).

B.     IMPORTS (Payments)

Imports during May, 2015 were valued at US $ 6318 Million (Rs. 40309.03 Crore).

C.    TRADE BALANCE

The trade balance in Services (i.e. net export of Services) for May, 2015 was estimated at US $ 5556 Million.

EXPORTS & IMPORTS (SERVICES) : (US $ Million)
(PROVISIONAL)
	MAY 2015-16
EXPORTS (Receipts)	11874.00
IMPORTS (Payments)	6318.00
TRADE BALANCE	5556.00
EXPORTS & IMPORTS (SERVICES): (Rs. Crore)
(PROVISIONAL)	MAY 2015-16
EXPORTS (Receipts)	75756.48
IMPORTS (Payments)	40309.03
TRADE BALANCE	35447.45
Source: RBI Press Release dated 15th July 2015

Trade performance: merchandise exports and imports declined, narrowing the quarterly trade deficit and reducing oil import reliance. Merchandise trade for June 2015 and April-June 2015-16 shows year on year declines in exports and imports in dollar and rupee terms, resulting in a reduced quarterly merchandise trade deficit. Crude oil imports fell sharply both in June and over the quarter, while non oil imports were slightly lower in June but rose modestly over April-June. Services trade for May 2015 registered a surplus, with receipts exceeding payments.