TaxTMI 
TaxTMI 
India’s Foreign Trade (Merchandise): March, 2015
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....ndia’s Foreign Trade (Merchandise): March, 2015 <br>News and Press Release<br>Dated:- 17-4-2015<br><BR>EXPORTS (including re-exports) Exports during March, 2015 were valued at US $ 23951.16 million (Rs.149574.53 crore) which was 21.06 per cent lower in Dollar terms (19.20 per cent lower in Rupee terms) than the level of US $ 30341.04 million (Rs. 185122.83 crore) during March, 2014. Cumulative v....
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....alue of exports for the period April-March 2014-15 was US $ 310533.87 million (Rs 1897025.85 crore) as against US $ 314415.73 million (Rs. 1905011.08 crore) registering a growth of -1.23 per cent in Dollar terms and growth of -0.42 per cent in Rupee terms over the same period last year. IMPORTS Imports during March, 2015 were valued at US $ 35744.68 (Rs.223224.83 crore) which was 13.44 per cent l....
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....ower in Dollar terms and 11.40 per cent lower in Rupee terms over the level of imports valued at US $ 41294.41 million (Rs. 251953.73 crore) in March, 2014. Cumulative value of imports for the period AprilMarch 2014-15 was US $ 447548.33 million (Rs. 2734049.06 crore) as against US $ 450213.63 million (Rs 2715433.89 crore) registering a growth of -0.59 per cent in Dollar terms and growth of 0.69 p....
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....er cent in Rupee terms over the same period last year. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during March, 2015 were valued at US $ 7413.30 million which was 52.68 per cent lower than oil imports valued at US $ 15667.12 million in the corresponding period last year. Oil imports during April-March, 2014-15 were valued at US $ 138261.66 million which was 16.09 per cent lower than the oil impor....
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....ts of US $ 164770.33 million in the corresponding period last year. Non-oil imports during March, 2015 were estimated at US $ 28331.38 million which was 10.55 per cent higher than non-oil imports of US $ 25627.29 million in March, 2014. Non-oil imports during April-March, 2014-15 were valued at US $ 309286.67 million which was 8.35 per cent higher than the level of such imports valued at US $ 2854....
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....43.30 million in April-March, 2013-14. TRADE BALANCE The trade deficit for April-March, 2014-15 was estimated at US $ 137014.46 million which was higher than the deficit of US $ 135797.90 million during April-March, 2013-14. INDIA'S FOREIGN TRADE (SERVICES): FEBRUARY, 2015 (As per the RBI Press Release dated 15th April, 2015) EXPORTS (Receipts) Exports during February, 2015 were valued at US $ ....
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....14099 Million (Rs. 87466.81 Crore).B. IMPORTS (Payments) Imports during February, 2015 were valued at US $ 7896 Million (Rs. 48984.89 Crore). C. The trade balance in Services (i.e. net export of Services) for February, 2015 was estimated at US $ 6203 Million.<BR> News - Press release - PIB....