TaxTMI 
TaxTMI 
India’s Foreign Trade (Merchandise): December, 2015
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....ndia’s Foreign Trade (Merchandise): December, 2015 <br>News and Press Release<br>Dated:- 18-1-2016<br><BR>A. EXPORTS (including re-exports) Exports during December, 2015 were valued at US$ 22297.48 million (Rs. 148491.18 crore) which was 14.75 per cent lower in Dollar terms (9.53 per cent lower in Rupee terms) than the level of US$ 26154.46 million (Rs. 164127.08 crore) during December, 2014. C....
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....umulative value of exports for the period April-December 2015-16 was US$ 196603.94 million (Rs. 1273322.99 crore) as against US$ 239928.91 million (Rs. 1458094.40 crore) registering a negative growth of 18.06 per cent in Dollar terms and 12.67 per cent in Rupee terms over the same period last year. Non-petroleum exports in December 2015 are valued at US$ 19931.91 million against US$ 21631.89 mill....
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....ion in December 2014, a reduction of 7.86%. Non-petroleum exports during April to December 2015 are valued at US$ 173291.60 million as compared to US$ 191359.32 million for the corresponding period in 2014, a reduction of 9.4%. The trend of falling exports is in tandem with other major world economies (the growth in exports have fallen for USA, European Union, China by 10.30, 10.83, 6.94 per cent....
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.... respectively for October 2015 over the corresponding period previous year as per WTO statistics). B. IMPORTS Imports during December, 2015 were valued at US$ 33961.48 million (Rs. 226168.20 crore) which was 3.88 per cent lower in Dollar terms and 2.00 per cent higher in Rupee terms over the level of imports valued at US$ 35333.27 million (Rs. 221726.88 crore) in December, 2014. Cumulative value....
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.... of imports for the period April-December 2015-16 was US$ 295811.69 million (Rs. 1915849.40 crore) as against US$ 351613.95 million (Rs. 2136855.40 crore) registering a negative growth of 15.87 per cent in Dollar terms and 10.34 per cent in Rupee terms over the same period last year. C. CRUDE OIL AND NON-OIL IMPORTS: Oil imports during December, 2015 were valued at US$ 6656.74 million which was....
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.... 33.19 per cent lower than oil imports valued at US$ 9963.44 million in the corresponding period last year. Oil imports during April-December, 2015-16 were valued at US$ 68068.20 million which was 41.60 per cent lower than the oil imports of US$ 116559.48 million in the corresponding period last year. Non-oil imports during December, 2015 were estimated at US$ 27304.74 million which was 7.63 per ....
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....cent higher than non-oil imports of US$ 25369.83 million in December, 2014. Non-oil imports during April-December, 2015-16 were valued at US$ 227743.49 million which was 3.11 per cent lower than the level of such imports valued at US$ 235054.47 million in April-December, 2014-15. D. TRADE BALANCE The trade deficit for April-December, 2015-16 was estimated at US$ 99207.75 million which was lower....
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.... than the deficit of US$ 111685.04 million during April-December, 2014-15. EXPORTS & IMPORTS : (US $ Million) (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2014-15 26154.46 239928.91 2015-16 22297.48 196603.94 %Growth2015-16/ 2014-15 -14.75 -18.06 IMPORTS 2014-15 35333.27 351613.95 2015-16 33961.48 295811.69 %Growth2015-16/ 2014-15 -3.88 -15.87 TRADE ....
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....BALANCE 2014-15 -9178.81 -111685.04 2015-16 -11664.00 -99207.75 EXPORTS & IMPORTS : (Rs. Crore) (PROVISIONAL) DECEMBER APRIL-DECEMBER EXPORTS(including re-exports) 2014-15 164127.08 1458094.40 2015-16 148491.18 1273322.99 %Growth2015-16/ 2014-15 -9.53 -12.67 IMPORTS 2014-15 221726.88 2136855.40 2015-16 226168.20 1915849.40 %Growth2015-16/ 2014-15 2.00 -10.34 TRADE BA....
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....LANCE 2014-15 -57599.80 -678761.00 2015-16 -77677.02 -642526.41 INDIA'S FOREIGN TRADE (SERVICES): November, 2015 (As per the RBI Press Release dated 15th January, 2016) A. EXPORTS (Receipts) Exports during November, 2015 were valued at US$ 12019 Million (Rs. 79466.14 Crore). B. IMPORTS (Payments) Imports during November, 2015 were valued at US$ 5686 Million (Rs. 37594.18 Crore). C. TR....
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....ADE BALANCE The trade balance in Services (i.e. net export of Services) for November, 2015 was estimated at US$ 6333 Million. EXPORTS & IMPORTS (SERVICES) : (US $ Million) (PROVISIONAL) November 2015-16 EXPORTS (Receipts) 12019.00 IMPORTS (Payments) 5686.00 TRADE BALANCE 6333.00 EXPORTS & IMPORTS (SERVICES): (Rs. Crore) (PROVISIONAL) November 2015-16 EXPORTS (Receipts) 79466.14 IM....
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....PORTS (Payments) 37594.18 TRADE BALANCE 41871.96 Source: RBI Press Release dated 15th January 2016<BR> News - Press release - PIB....