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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