The details of India’s merchandise export and import in terms of both rupee and US dollar during the last four years and the current year are as follows:

Years	(Value in Rs. Crores)		(Value in US$ million)
	Export	Import	Export	Import
2013-14	19,05,011	27,15,434	3,14,416	4,50,214
2014-15	18,96,348	27,37,087	3,10,352	4,48,033
2015-16	17,16,378	24,90,298	2,62,290	3,81,007
2016-17	18,49,429	25,77,666	2,75,852	3,84,356
2016-17(Apr-Nov)	11,74,997	16,30,200	1,75,411	2,43,297
2017-18(Apr-Nov)*	12,67,771	19,13,047	1,96,482	2,96,459

Source: DGCI&S, Kolkata,(*Provisional)

Out of the major 20 sectors, only three sectors have declining trend in India’s export and three sectors have declining trend in India’s import during the current year 2017-18 (Apr-Oct) as compared to the corresponding period of the previous year, as detailed below:

(Value in US$ Million)

Sectors showing declining trend in Export
Sectors	2016-17(Apr-Oct)	2017-18(Apr-Oct)*	% Change
Project Goods	17.05	3.31	-80.59
Office Equipments	63.77	52.67	-17.41
Gems & Jewellery	26,602.43	24,655.45	-7.32
Sectors showing declining trend in Import
Office Equipments	46.23	29.59	-35.99
Transport Equipments	10,145.37	8,133.37	-19.83
Marine Products	56.81	55.15	-2.92

Source: DGCI&S, Kolkata, (* Provisional)

The main reasons for declining trend of exports/imports include global and domestic factors such as demand and supply in domestic and international markets, currency fluctuations, cost of credit, logistics costs, etc.

This information was given by the Commerce and Industry Minister Shri Suresh Prabhu in a written reply in Rajya Sabha today.

Decline in trade: select export and import sectors show contraction driven by market, currency, and cost factors. Comparative merchandise export and import statistics show that only three of the major twenty sectors have declining exports and three have declining imports in the current year compared with the corresponding prior-year period. Export declines are recorded in Project Goods, Office Equipments, and Gems & Jewellery; import declines are recorded in Office Equipments, Transport Equipments, and Marine Products. The report attributes these sectoral contractions to demand and supply shifts in domestic and international markets, currency fluctuations, cost of credit, and logistics costs, citing DGCI&S, Kolkata (provisional) as the source.