Vihara Study Hall in Chennai    

India’s Foreign Trade Analysis: December 2018: Exports Up by 0.34%

Updated: Jan 16, 2019


India’s Foreign Trade: December 2018


India’s overall exports (Merchandise and Services combined) in April-December 2018-19* are estimated to be USD 396.73Billion, exhibiting a positive growth of 13.79per cent over the same period last year. Overall imports in April-December2018-19* are estimated to be USD 479.46Billion, exhibiting a positive growth of 14.63per cent over the same period last year.



I. MERCHANDISE TRADE


EXPORTS (including re-exports)


Exports in December 2018 were In Rupee terms, exports were Rs. 1,97,535.86 Crore in December 2018, as compared to Rs. 1,78,802.77 Crore in December 2017, registering a positive growth of 10.48 per cent.    


In December 2018, major commodity groups of export showing positive growth over the corresponding month of last year are


India’s Foreign Trade: December 2018

Cumulative value of exports for the period April-December 2018-19 was (Rs.17,11,905.60 Crore) as against (Rs.14,36,614.25 Crore) during the period April-December 2017-18, registering a positive growth of 19.16 per cent in Rupee terms.


Non-petroleum and Non Gems and Jewellery exports in April-December 2018-19 were US $ 177.66 Billion, as compared to US $ 164.66 Billion for the corresponding period in 2017-18, an increase of 7.90 per cent.





IMPORTS


Imports during the period April-December 2017-18, registering a positive growth of 12.61 per cent in Dollar terms (21.81 per cent in Rupee terms).


Major commodity groups of import showing high growth in December 2018 over the corresponding month of last year are:


Major commodity groups Import


II. TRADE IN SERVICES


EXPORTS (Receipts)

Exports inNovember2018 were US $ 16.68Billion (Rs.1,19,831.25 Crore) registering a negative growth of 0.82per cent in dollar terms, vis-à-vis October 2018. (as per RBI’s Press Release for the respective months).


IMPORTS (Payments)

Imports inNovember2018 were US $ 10.11Billion (Rs.72,637.41Crore) registering a positive growth of 0.10per cent in dollar terms,vis-à-vis October 2018.  (as per RBI’s Press Release for the respective months).


III. TRADE BALANCE


MERCHANDISE: The trade deficit for December 2018 was estimated at US $ 13.08Billion as against the deficit of US $ 14.20Billion inDecember 2017.


SERVICES: As per RBI’s Press Release dated 15th January 2019, the trade balance in Services (i.e. Net Services export) for November, 2018 is estimated at US $ 6.57Billion.


OVERALL TRADE BALANCE: Taking merchandise and services together, overall trade deficit for April-December 2018-19* is estimated at US $ 82.72Billion as compared to US $ 69.63Billion in April-December 2017-18.


The trade deficit stood at USD 14.2 billion in December 2017.

Gold imports declined by 24.33 per cent to USD 2.56 billion in December last year as against USD 3.39 billion in the same month of 2017.

During April-December this fiscal, exports grew by 10.18 per cent to USD 245.44 billion. Imports rose by 12.61 per cent to USD 386.65 billion.

#Tradedeficit #Imports #Exports #fiscalyear #GoldTrade #India #Fiscalpolicy


Want more content like this? Register for free site membership to get regular updates.


Disclaimer: As Reported by The Press Information Bureau

62 views

Recent Posts

See All

2019-20 இடைக்கால நிதிநிலை அறிக்கை சிறப்பம்சங்கள்

அடுத்த 10 ஆண்டுக்கான தொலைநோக்கு திட்டம் கடந்த 5 ஆண்டுகளில் இந்தியாவின் வளர்ச்சி மற்றும் மேம்பாட்டிற்கான அடித்தளம் அமைக்கப்பட்டது.அடுத்த 5 ஆண்டுகளில் இந்தியப் பொருளாதாரம் 5 டிரில்லியன் டாலர் பொருளாதாரம

Best study hall in Anna Nagar, Chennai

Attend Free Demo  for One Day*

Your Best Place prepare for competitive Exams! Special Combo offer for NEET PG Aspirants!!

Vihara Study Hall

VIHARA STUDY HALL

 6, 2026, 4th Street, H Block, Ranganathan Garden, Anna Nagar, Chennai, Tamil Nadu 600040

Whatsapp for bussiness account vihara studyhall
  • YouTube - White Circle

*Subject to Seat Availability

©2015 - 2019 by Vihara Study Hall.

  • Grey Facebook Icon
  • Grey Google Places Icon
  • Grey Twitter Icon
  • Grey Instagram Icon