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Saturday, 16 December 2017

Capitalstars Updates: India’s Nov trade deficit at $ 13.83 bn: 16 Dec 2017

Import

Imports during November 2017 were valued at $ 40.02 bn, which was 19.61% higher in the US Dollar terms.


India’s trade deficit for November 2017 came at $ 13.83 bn as against the deficit of $ 13.39 bn during November 2016.

 Exports during November 2017 have exhibited high positive growth of 30.55% in dollar terms vs November 2016. This is on the pattern of positive growth in exports in last thirteen months with a dip of 1.12% in October 2017 vis-à-vis same period last year.

 Exports during November 2017 are valued at $ 26.19 bn as compared to $20.07 bn during November,2016.

 In Rupee terms, exports were valued at Rs1,69,912.50cr as compared to Rs1,35,699.47cr during November,2016, registering a rise of 25.21%.   

 Imports during November 2017 were valued at $ 40.02 bn (Rs2,59,612.29cr) which was 19.61% higher in the US Dollar terms and 14.73% higher in Rupee terms over the level of imports valued at $33.46 bn (Rs2,26,288.21cr) in November, 2016.

 The cumulative value of imports for the period April-November 2017-18 was $ 29.64 bn (Rs19,13,047.30cr) as against $ 24.32 bn (Rs16,30,199.71cr) registering a positive growth of 21.85% in the US Dollar terms and 17.35% in Rupee terms over the same period last year.

 Oil imports during November, 2017 were valued at $ 95.50 bn which was 39.14% higher than oil imports valued at $ 6.86 bn in November 2016.

 Oil imports during April-November, 2017-18 were valued at $ 65.80bn which was 22.65% higher than the oil imports of $ 53.65 bn in the corresponding period last year.
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