F. No.

1(11)/2014-EPL
Government of India
Ministry of Commerce & Industry
Department of Commerce
Economic Division
.
New Delhi, Dated 11
th
June, 2014

PRESS RELEASE

INDIAS FOREIGN TRADE: MAY, 2014

A. EXPORTS (including re-exports)

Exports during May, 2014 were valued at US $ 27998.50 million (Rs.166045.09 crore)
which was 12.40 per cent higher in Dollar terms (21.17 per cent higher in Rupee terms) than the
level of US $ 24910.59 million (Rs. 137035.13 crore) during May, 2013. Cumulative value of
exports for the period April-May 2014-15 was US $ 53632.58 million (Rs 320763.69 crore) as
against US $ 49264.36 million (Rs 269460.46 crore) registering a growth of 8.87 per cent in
Dollar terms and growth of 19.04 per cent in Rupee terms over the same period last year.

B. IMPORTS

Imports during May, 2014 were valued at US $ 39233.24 million (Rs.232672.72 crore)
representing a negative growth of 11.41 per cent in Dollar terms and negative growth of 4.49
per cent in Rupee terms over the level of imports valued at US $ 44284.54 million (Rs.
243612.77 crore) in May, 2013. Cumulative value of imports for the period April-May 2014-15
was US $ 74953.27 million (Rs 448266.65 crore) as against US $ 86310.41 million (Rs
472131.36 crore) registering a negative growth of 13.16 per cent in Dollar terms and negative
growth of 5.05 per cent in Rupee terms over the same period last year.

C. CRUDE OIL AND NON-OIL IMPORTS:

Oil imports during May, 2014 were valued at US $ 14464.9 million which was 2.5 per
cent higher than oil imports valued at US $ 14119.5 million in the corresponding period last
year. Oil imports during April-May, 2014-15 were valued at US $ 27442.7 million which was
1.0 per cent higher than the oil imports of US $ 27173.0 million in the corresponding period
last year.

Non-oil imports during May, 2014 were estimated at US $ 24768.3 million which was
17.9 per cent lower than non-oil imports of US $ 30165.0 million in May, 2013. Non-oil imports
during April-May, 2014-15 were valued at US $ 47510.6 million which was 19.7 per cent lower
than the level of such imports valued at US $ 59137.4 million in April-May, 2013-14.


D. TRADE BALANCE

The trade deficit for April-May, 2014-15 was estimated at US $ 21320.69 million which was
lower than the deficit of US $ 37046.05 million during April-May, 2013-14.

EXPORTS & IMPORTS : (US $ Million)
(PROVISIONAL)

MAY APRIL-MAY
EXPORTS(including re-exports)
2013-14 24910.59 49264.36
2014-15 27998.50 53632.58
%Growth2014-15/ 2013-14 12.40 8.87
IMPORTS
2013-14 44284.54 86310.41
2014-15 39233.24 74953.27
%Growth 2014-15/ 2013-14 -11.41 -13.16
TRADE BALANCE
2013-14 -19373.95 -37046.05
2014-15 -11234.74 -21320.69

EXPORTS & IMPORTS : (Rs. Crore)

(PROVISIONAL) MAY APRIL-MAY

EXPORTS(including re-
exports)


2013-14 137035.13 269460.46
2014-15 166045.09 320763.69
%Growth 2014-15/ 2013-14 21.17 19.04
IMPORTS
2013-14 243612.77 472131.36
2014-15 232672.72 448266.65
%Growth 2014-15/ 2013-14 -4.49 -5.05
TRADE BALANCE
2013-14 -106577.64 -202670.90
2014-15 -66627.63 -127502.96