Merchandise exports decline by (-)24.3% in September, 2015

India’s exports for the month of September 2015 stands at USD 21.84 billion as compared to USD 28.8 billion in September 2014 registering a growth of (-) 24.3%. During September 2015, the imports are registered at USD 32.3 billion as compared to USD 43.3 billion in September 2014, registering a growth of (-)25.4%. The balance of trade stands at around USD (-)10.5 billion during September 2015 as compared to USD(-)14.5 billion for September 2014.
                                                                                                                                      
Value of Foreign Trade


                    USD Billion
Period
July
August
September
Exports


FY16
23.13
21.26
     21.8
Growth (%)
(-)10.3%
(-)20.66%
    (-) 24.3%
Imports


FY16
35.94
33.74
32.3
Growth (%)
(-)10.28%
(-)9.95%
(-) 25.4%
Trade balance


FY16
(-)12.81
(-)12.47
(-) 10.4
Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

The cumulative value of exports for the period April- September 2015-16 is US$13.3 billion as against US$ 16.1 billion over the same period last year registering a negative growth of around (-)18% in Dollar terms. The cumulative value of imports for the period April-September 2015-16 is US$ 20.1 billion as against US$ 23.4 billion registering a negative growth of (-)14.16% in Dollar terms over the same period last year.

   Trend in Exports and imports   (%)
 Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India


August, 2015 Services Exports stands at USD 13.58 billion

India’s services exports for the month of August,2015 stand at around USD 13.58 billion and services imports stand at  USD 7.7 billion in August 2015. The trade balance in services stands at USD 5.80 billion for the month of August 2015.

Value of Service Trade (USD billion)

Period
July
August
Exports

FY16
13.38
13.58
Imports

FY16
7.50
7.7
Trade balance

FY16
5.88
5.8
             Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India


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