India’s Foreign Trade (Merchandise): October, 2015
India’s Foreign Trade (Merchandise): October, 2015
A. EXPORTS (including
re-exports)
Exports during October, 2015 were valued at US$ 21352.79 million (Rs. 138916.98
crore) which was 17.53 per cent lower in Dollar terms (12.53 per cent lower in
Rupee terms) than the level of US$ 25891.39 million (Rs. 158822.95 crore)
during October, 2014. Cumulative value of exports for the period April-October
2015-16 was US$ 154292.24 million (Rs. 992503.57 crore) as against US$
187288.74 million (Rs. 1130539.38 crore) registering a negative growth of
17.62 per cent in Dollar terms and 12.21 per cent in Rupee terms over the same
period last year.
B. IMPORTS
Imports during October, 2015 were valued at US$ 31120.06 million (Rs.
202460.88 crore) which was 21.15 per cent lower in Dollar terms and 16.38 per
cent lower in Rupee terms over the level of imports valued at US$
39468.76 million (Rs. 242109.24 crore) in October, 2014. Cumulative value of
imports for the period April-October 2015-16 was US$ 232054.30 million
(Rs. 1492679.30 crore) as against US$ 273558.19 million (Rs. 1651512.80 crore)
registering a negative growth of 15.17 per cent in Dollar terms and 9.62
per cent in Rupee terms over the same period last year.
C. CRUDE OIL AND NON-OIL IMPORTS:
Oil imports during October, 2015 were valued at US$ 6846.11 million which was
45.31 per cent lower than oil imports valued at US$ 12517.24 million in the
corresponding period last year. Oil imports during April-October, 2015-16 were
valued at US$ 54975.07 million which was 42.07 per cent lower than the oil
imports of US$ 94896.22 million in the corresponding period last year.
Non-oil imports during October, 2015 were estimated at US$ 24273.95 million
which was 9.93 per cent lower than non-oil imports of US$ 26951.52 million in
October, 2014. Non-oil imports during April-October, 2015-16 were valued at US$
177079.23 million which was 0.89 per cent lower than the level of such imports
valued at US$ 178661.97 million in April-October, 2014-15.
D. TRADE BALANCE
The trade deficit
for April-October, 2015-16 was estimated at US$ 77762.06 million which was
lower than the deficit of US$ 86269.45 million during April-October, 2014-15.
(PROVISIONAL)
|
|
|
|
OCTOBER
|
APRIL-OCTOBER
|
EXPORTS(including
re-exports)
|
|
|
2014-15
|
25891.39
|
187288.74
|
2015-16
|
21352.79
|
154292.24
|
%Growth2015-16/
2014-15
|
-17.53
|
-17.62
|
IMPORTS
|
|
|
2014-15
|
39468.76
|
273558.19
|
2015-16
|
31120.06
|
232054.30
|
%Growth2015-16/
2014-15
|
-21.15
|
-15.17
|
TRADE BALANCE
|
|
|
2014-15
|
-13577.37
|
-86269.45
|
2015-16
|
-9767.27
|
-77762.06
|
|
|
|
EXPORTS &
IMPORTS : (Rs. Crore)
|
||
(PROVISIONAL)
|
|
|
|
OCTOBER
|
APRIL-OCTOBER
|
EXPORTS(including
re-exports)
|
|
|
2014-15
|
158822.95
|
1130539.38
|
2015-16
|
138916.98
|
992503.57
|
%Growth2015-16/
2014-15
|
-12.53
|
-12.21
|
IMPORTS
|
|
|
2014-15
|
242109.24
|
1651512.80
|
2015-16
|
202460.88
|
1492679.30
|
%Growth2015-16/
2014-15
|
-16.38
|
-9.62
|
TRADE BALANCE
|
|
|
2014-15
|
-83286.29
|
-520973.42
|
2015-16
|
-63543.90
|
-500175.73
|
INDIA’S FOREIGN
TRADE (SERVICES): September, 2015
(As per the RBI
Press Release dated 16th November, 2015)
A. EXPORTS (Receipts)
Exports during September, 2015 were valued at US$ 13321 Million (Rs.
88208.73 Crore).
B. IMPORTS (Payments)
Imports during September, 2015 were valued at US$ 7457 Million (Rs.
49378.61 Crore).
C. TRADE BALANCE
The trade balance in Services (i.e. net export of Services) for September,
2015 was estimated at US$ 5864 Million.
(PROVISIONAL)
|
|
|
September
2015-16
|
EXPORTS
(Receipts)
|
13321.00
|
IMPORTS
(Payments)
|
7457.00
|
TRADE BALANCE
|
5864.00
|
|
|
EXPORTS &
IMPORTS (SERVICES): (Rs. Crore)
|
|
|
|
(PROVISIONAL)
|
September
2015-16
|
|
|
EXPORTS
(Receipts)
|
88208.73
|
IMPORTS
(Payments)
|
49378.61
|
TRADE BALANCE
|
38830.12
|
Source: RBI Press Release dated 16th November
2015
|
*************
Index Numbers of Wholesale Price in India (Base:
2004-05=100) Review for the month of October, 2015
The official Wholesale Price Index for ‘All
Commodities’ (Base: 2004-05=100) for the month of October, 2015 rose by
0.1 percent to 176.7 (provisional) from 176.6 (provisional) for the previous
month.
INFLATION
The annual rate of inflation, based on monthly WPI,
stood at -3.81% (provisional) for the month of October, 2015 (over October,
2014) as compared to -4.54% (provisional) for the previous month and 1.66%
during the corresponding month of the previous year. Build up inflation
rate in the financial year so far was 0.34% compared to a build up rate of
1.89% in the corresponding period of the previous year.
Inflation for important commodities / commodity
groups is indicated in Annex-1 and Annex-II.
The movement of the index for the various commodity
groups is summarized below:-
PRIMARY ARTICLES (Weight
20.12%)
The index for this major group remained unchanged
at its previous month level 252.4 (provisional). The groups and items
which showed variations during the month are as follows:-
The index for 'Food Articles' group
rose by 0.3 percent to 264.9 (provisional) from 264.0 (provisional) for the
previous month due to higher price of urad (17%), arhar (12%), gram (7%), moong
(6%), barley (3%), jowar, masur, pork and condiments & spices (2% each) and
wheat, tea and bajra (1% each). However, the price of poultry chicken
(8%), beef & buffalo meat and fish-marine (4% each), maize (2%) and coffee
and fish-inland (1% each) declined.
The index for 'Non-Food Articles' group rose by 0.2
percent to 220.7 (provisional) from 220.2 (provisional) for the previous
month due to higher price of soyabean (14%), raw jute (8%), cotton seed (6%),
rape & mustard seed and flowers (4% each) and raw rubber and fodder (2%
each). However, the price of groundnut seed (9%), copra (coconut) and raw
cotton (5% each), castor seed (4%) and guar seed and gingelly seed (1% each)
declined.
The index for 'Minerals' group declined
by 5.0 percent to 222.5 (provisional) from 234.1 (provisional) for
the previous month due to lower price of iron ore (10%), zinc concentrate (6%),
crude petroleum (5%) and manganese ore (1%). However, the price of copper ore
(3%) and sillimanite (2%) moved up.
FUEL & POWER (Weight 14.91%)
The index for this major group rose by 0.5 percent
to 176.4 (provisional) from 175.6 (provisional) for the previous month due to
higher price of aviation turbine fuel (7%) and high speed diesel (1%).
However, the price of bitumen (7%), furnace oil
(2%) and LPG (1%) declined.
MANUFACTURED PRODUCTS (Weight
64.97%)
The index for this major group remained unchanged
at its previous month's level of 153.3 (provisional). The groups and items for
which the index showed variations during the month are as follows:-
The index for 'Food Products' group rose by 0.8
percent to 174.3 (provisional) from 173.0 (provisional) for the previous month
due to higher price of sooji (rawa) and soyabean oil (4% each), khandsari and
oil cakes (3% each), mustard & rapeseed oil, gola (cattle feed), rice bran
oil and cotton seed oil (2% each) and groundnut oil, maida, sunflower oil,
mixed spices, sugar, wheat flour (atta), tea dust (blended) and gur (1%
each). However, the price of tea dust (unblended) (4%) and bakery
products, gingelly oil and tea leaf (unblended) (1% each) declined.
The index for 'Textiles' group declined by 0.5
percent to 139.4 (provisional) from 140.1 (provisional) for the previous month
due to lower price of tyre cord fabric (3%) and cotton yarn, man made fibre,
jute sacking bag and man made fabric (1% each). However, the price of
gunny and hessian cloth (2%) and jute sacking cloth (1%) moved up.
The index for 'Wood & Wood Products' group rose
by 0.1 percent to 194.4 (provisional) from 194.2 (provisional) for the previous
month due to higher price of processed wood (2%).
The index for 'Paper & Paper Products' group
rose by 0.2 percent to 155.2 (provisional) from 154.9 (provisional) for the
previous month due to higher price of paper pulp (2%) and kraft paper
& bags and corrugated sheet boxes (1% each). However, the price of
paper cartons/boxes (2%) and newsprint (1%) declined.
The index for 'Leather & Leather Products'
group declined by 0.1 percent to 145.3 (provisional) from 145.4 (provisional)
for the previous month due to lower price of foot wear/ safety boot (1%).
However, the prices of crome tanned leather, leather chappals/ sandals and
leather handbags / wallets (1% each) moved up.
The index for 'Rubber & Plastic Products' group
declined by 0.7 percent to 147.0 (provisional) from 148.0
(provisional) for the previous month due to lower price of rubber products and
plastic products (1% each).
The index for 'Non-Metallic Mineral Products' group
rose by 0.6 percent to 178.1 (provisional) from 177.0 (provisional) for the
previous month due to higher price of marbles (18%). However, the price
of polished granite (2%) and glass bottles & bottleware (1%) declined.
The index for 'Basic Metals, Alloys & Metal
Products' group declined by 0.5 percent to 154.1 (provisional) from 154.9
(provisional) for the previous month due to lower price of pencil ingots
(5%), angles, metal containers, iron castings, rebars
and joist & beams (2% each) and steel: pipes & tubes, rounds, wire
rods, billets, ferro manganese, steel castings, iron
& steel wire, melting scrap, aluminium, nuts/bolts/screw/ washers, gp/gc
sheets, steel rods and plates (1% each). However, the price of pressure
cooker (6%), silver (2%) and HRC, sheets, CRC and gold & gold ornaments (1%
each) moved up.
The index for 'Transport, Equipment & Parts'
group declined by 0.1 percent to 137.7 (provisional) from 137.8 (provisional)
for the previous month due to lower price of railway brake gear and motor
cycle / scooter / moped (1% each). However, the price of railway axle
& wheel (2%) and auto rickshaw / tempo / matador (1%) moved up.
FINAL INDEX FOR THE MONTH OF
AUGUST, 2015 (BASE YEAR: 2004-05=100)
For the month of August, 2015, the final Wholesale
Price Index for ‘All Commodities’ (Base: 2004-05=100) stood at 176.5 as
compared to 176.7 (provisional) and annual rate of inflation based on final
index stood at -5.06 percent as compared to -4.95 percent
(provisional) respectively as reported on 14.09.2015.
Next date of press release:
14/12/2015 for the month of November, 2015
Office of Economic Adviser,
Ministry of Commerce & Industry, New Delhi,
Annexure-I
Wholesale Price Index and Rates of Inflation (Base
Year: 2004-05=100)
|
|
|
|
|
Month of October, 2015
|
||||
Commodities/Major Groups/Groups/Sub-Groups
|
Weight
|
WPI Oct- 2015
|
Latest month over month
|
Build up from March
|
Year on year
|
||||
2014-15
|
2015-16
|
2014-15
|
2015-16
|
2014-15
|
2015-16
|
||||
ALL COMMODITIES
|
100.00000
|
176.7
|
-0.70
|
0.06
|
1.89
|
0.34
|
1.66
|
-3.81
|
|
PRIMARY ARTICLES
|
20.11815
|
252.4
|
-1.75
|
0.00
|
5.81
|
5.61
|
0.76
|
-0.36
|
|
Food Articles
|
14.33709
|
264.9
|
-1.37
|
0.34
|
10.23
|
6.26
|
2.74
|
2.44
|
|
Cereals
|
3.37323
|
234.8
|
-0.34
|
0.43
|
1.86
|
1.60
|
3.11
|
-0.25
|
|
Rice
|
1.79348
|
238.6
|
-0.12
|
0.13
|
6.42
|
2.14
|
6.47
|
-3.40
|
|
Wheat
|
1.11595
|
219.3
|
-0.14
|
1.15
|
-3.94
|
1.76
|
-1.92
|
4.68
|
|
Pulses
|
0.71662
|
364.4
|
-1.12
|
9.17
|
4.61
|
41.35
|
4.02
|
52.98
|
|
Vegetables
|
1.73553
|
304.0
|
-9.63
|
2.36
|
49.40
|
40.22
|
-19.37
|
2.56
|
|
Potato
|
0.20150
|
173.7
|
2.72
|
-1.14
|
119.68
|
14.88
|
82.84
|
-58.95
|
|
Onion
|
0.17794
|
629.2
|
-4.45
|
-16.99
|
39.12
|
89.23
|
-59.01
|
85.66
|
|
Fruits
|
2.10717
|
241.2
|
-2.65
|
-2.11
|
16.94
|
-1.07
|
18.98
|
-4.78
|
|
Milk
|
3.23818
|
250.7
|
0.45
|
0.04
|
7.08
|
1.37
|
11.39
|
1.75
|
|
Egg, Meat & Fish
|
2.41384
|
271.5
|
3.00
|
-2.48
|
-0.57
|
-6.41
|
-2.16
|
-3.42
|
|
Non-Food Articles
|
4.25756
|
220.7
|
-2.14
|
0.23
|
-3.54
|
8.93
|
-1.41
|
5.10
|
|
Fibres
|
0.87737
|
201.0
|
-7.53
|
-2.57
|
-14.05
|
3.93
|
-18.97
|
-1.95
|
|
Oil Seeds
|
1.78051
|
219.0
|
-3.20
|
0.88
|
-0.68
|
7.14
|
3.47
|
6.52
|
|
Minerals
|
1.52350
|
222.5
|
-3.77
|
-4.96
|
-6.14
|
-8.55
|
-8.73
|
-31.39
|
|
FUEL & POWER
|
14.91021
|
176.4
|
-1.22
|
0.46
|
-1.59
|
-6.17
|
0.48
|
-16.32
|
|
Liquefied petroleum gas
|
0.91468
|
160.0
|
-0.41
|
-0.93
|
-3.85
|
-1.66
|
-0.41
|
-5.83
|
|
Petrol
|
1.09015
|
159.7
|
-1.87
|
0.00
|
-8.33
|
-3.27
|
-7.03
|
-13.16
|
|
High speed diesel
|
4.67020
|
176.5
|
-1.16
|
1.38
|
3.46
|
-13.14
|
8.53
|
-26.21
|
|
MANUFACTURED PRODUCTS
|
64.97164
|
153.3
|
-0.06
|
0.00
|
1.10
|
-0.39
|
2.50
|
-1.67
|
|
Food Products
|
9.97396
|
174.3
|
-0.23
|
0.75
|
2.84
|
2.47
|
1.93
|
0.23
|
|
Sugar
|
1.73731
|
164.6
|
-0.98
|
1.11
|
5.02
|
-5.67
|
1.90
|
-14.54
|
|
Edible Oils
|
3.04293
|
150.0
|
0.07
|
1.35
|
-2.05
|
3.59
|
-2.84
|
4.53
|
|
Beverages, Tobacco & Tobacco Product
|
1.76247
|
206.2
|
-0.15
|
0.00
|
2.86
|
1.48
|
9.52
|
2.43
|
|
Cotton Textiles
|
2.60526
|
155.9
|
-0.92
|
-0.64
|
-1.58
|
-1.14
|
1.69
|
-3.94
|
|
Man Made Textiles
|
2.20573
|
130.3
|
-0.58
|
-1.06
|
1.93
|
-1.73
|
3.38
|
-5.31
|
|
Wood & Wood Products
|
0.58744
|
194.4
|
0.11
|
0.10
|
-0.16
|
2.48
|
4.41
|
3.90
|
|
Paper & Paper Products
|
2.03350
|
155.2
|
0.27
|
0.19
|
2.44
|
1.50
|
6.18
|
2.65
|
|
Leather & Leather Products
|
0.83509
|
145.3
|
-0.95
|
-0.07
|
0.14
|
2.11
|
0.69
|
-0.62
|
|
Rubber & Plastic Products
|
2.98697
|
147.0
|
-0.26
|
-0.68
|
0.73
|
-0.88
|
2.44
|
-2.65
|
|
Chemicals & Chemical Products
|
12.01770
|
150.8
|
-0.13
|
0.00
|
0.52
|
-0.07
|
2.88
|
-1.69
|
|
Non-Metallic Mineral Products
|
2.55597
|
178.1
|
0.63
|
0.62
|
5.19
|
-0.34
|
6.66
|
1.08
|
|
Cement & Lime
|
1.38646
|
173.7
|
0.35
|
0.06
|
5.61
|
-2.25
|
5.41
|
0.23
|
|
Basic Metals Alloys & Metal Product
|
10.74785
|
154.1
|
0.30
|
-0.52
|
-0.60
|
-4.82
|
1.22
|
-7.50
|
|
Iron & Semis
|
1.56301
|
137.1
|
0.70
|
-2.42
|
0.00
|
-7.92
|
3.52
|
-13.72
|
|
Machinery & Machine Tools
|
8.93148
|
134.9
|
0.00
|
0.00
|
1.28
|
-0.07
|
2.27
|
0.00
|
|
Transport Equipment & Parts
|
5.21282
|
137.7
|
0.07
|
-0.07
|
0.15
|
0.29
|
0.15
|
1.25
|
|
Annexure-II
|
|||||||
|
|
|
|
|
|
|
|
Trend of Rate of Inflation
for some important items during last six months
|
|||||||
|
|
|
|
|
|
|
|
Commodities/Major
Groups/Groups/Sub-Groups
|
Weight (%)
|
Rate of Inflation for the
last six months
|
|||||
Oct-15
|
Sept-15
|
August-15
|
July-15
|
June-15
|
May-15
|
||
100.00
|
-3.81
|
-4.54
|
-5.06
|
-4.00
|
-2.13
|
-2.20
|
|
PRIMARY ARTICLES
|
20.12
|
-0.36
|
-2.09
|
-4.21
|
-3.98
|
-0.48
|
-1.05
|
Food Articles
|
14.34
|
2.44
|
0.69
|
-1.02
|
-1.20
|
3.12
|
2.74
|
Cereals
|
3.37
|
-0.25
|
-1.02
|
-1.98
|
-1.66
|
-0.39
|
0.04
|
Rice
|
1.79
|
-3.40
|
-3.64
|
-3.89
|
-2.86
|
-1.62
|
-1.43
|
Wheat
|
1.12
|
4.68
|
3.34
|
2.09
|
1.96
|
1.84
|
2.60
|
Pulses
|
0.72
|
52.98
|
38.56
|
36.49
|
36.18
|
36.78
|
23.10
|
Vegetables
|
1.74
|
2.56
|
-9.45
|
-20.03
|
-24.43
|
-6.82
|
-4.99
|
Potato
|
0.20
|
-58.95
|
-57.34
|
-51.76
|
-48.87
|
-51.60
|
-50.71
|
Onion
|
0.18
|
85.66
|
113.70
|
74.44
|
-0.49
|
19.07
|
22.15
|
Fruits
|
2.11
|
-4.78
|
-5.30
|
-1.42
|
-4.52
|
7.60
|
6.69
|
Milk
|
3.24
|
1.75
|
2.16
|
2.08
|
5.30
|
5.18
|
6.89
|
Egg, Meat & Fish
|
2.41
|
-3.42
|
2.02
|
3.30
|
2.52
|
-2.25
|
-4.04
|
Non-Food Articles
|
4.26
|
5.10
|
2.61
|
-0.46
|
-0.51
|
1.16
|
-0.96
|
Fibres
|
0.88
|
-1.95
|
-6.95
|
-9.09
|
-10.88
|
-11.63
|
-12.08
|
Oil Seeds
|
1.78
|
6.52
|
2.21
|
-2.20
|
-0.23
|
3.06
|
-0.64
|
Minerals
|
1.52
|
-31.39
|
-30.53
|
-34.35
|
-29.83
|
-27.64
|
-26.50
|
FUEL & POWER
|
14.91
|
-16.32
|
-17.71
|
-16.21
|
-11.56
|
-8.86
|
-9.43
|
Liquefied petroleum gas
|
0.91
|
-5.83
|
-5.33
|
-5.32
|
-4.90
|
-4.85
|
-4.95
|
Petrol
|
1.09
|
-13.16
|
-14.78
|
-13.82
|
-11.14
|
-7.10
|
-9.20
|
High speed diesel
|
4.67
|
-26.21
|
-28.06
|
-25.37
|
-15.91
|
-9.86
|
-9.77
|
MANUFACTURED PRODUCTS
|
64.97
|
-1.67
|
-1.73
|
-1.99
|
-1.54
|
-0.77
|
-0.52
|
Food Products
|
9.97
|
0.23
|
-0.75
|
-2.11
|
-1.94
|
-0.46
|
-0.29
|
Sugar
|
1.74
|
-14.54
|
-16.30
|
-18.44
|
-17.63
|
-13.26
|
-11.17
|
Edible Oils
|
3.04
|
4.53
|
3.21
|
1.17
|
1.37
|
2.83
|
0.82
|
Beverages, Tobacco & Tobacco Product
|
1.76
|
2.43
|
2.28
|
2.13
|
3.15
|
3.99
|
4.20
|
Cotton Textiles
|
2.61
|
-3.94
|
-4.21
|
-5.02
|
-5.29
|
-4.96
|
-5.38
|
Man Made Textiles
|
2.21
|
-5.31
|
-4.84
|
-3.49
|
-2.63
|
-1.03
|
-0.81
|
Wood & Wood Products
|
0.59
|
3.90
|
3.91
|
4.36
|
6.14
|
5.24
|
5.14
|
Paper & Paper Products
|
2.03
|
2.65
|
2.72
|
3.00
|
2.67
|
2.54
|
2.61
|
Leather & Leather Products
|
0.84
|
-0.62
|
-1.49
|
-0.75
|
-1.89
|
-0.96
|
-0.14
|
Rubber & Plastic Products
|
2.99
|
-2.65
|
-2.25
|
-1.85
|
-0.93
|
-0.33
|
-0.47
|
Chemicals & Chemical Products
|
12.02
|
-1.69
|
-1.82
|
-1.88
|
-1.69
|
-1.17
|
-1.18
|
Non-Metallic Mineral Products
|
2.56
|
1.08
|
1.09
|
2.75
|
3.48
|
4.62
|
4.88
|
Cement & Lime
|
1.39
|
0.23
|
0.52
|
2.51
|
2.47
|
4.95
|
5.19
|
Basic Metals Alloys & Metal Product
|
10.75
|
-7.50
|
-6.74
|
-7.50
|
-6.28
|
-4.91
|
-4.01
|
Iron & Semis
|
1.56
|
-13.72
|
-10.96
|
-12.31
|
-10.64
|
-9.67
|
-7.91
|
Machinery & Machine Tools
|
8.93
|
0.00
|
0.00
|
0.30
|
0.30
|
0.52
|
0.90
|
Transport Equipment & Parts
|
5.21
|
1.25
|
1.40
|
1.10
|
1.25
|
1.18
|
1.40
|
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