India’s exports dip between April and August

October 1st, 2009 NEW DELHI - India's merchandise exports fell for the 11th straight month in August, with the value of shipments falling 19.4 percent to $14.29 billion from $17.72 billion in the like month of last year. According to an official trade data released Thursday, merchandise exports during the first five months of this fiscal were down 31 percent at $64.13 billion, compared with $92.96 billion registered duing the corresponding period of last fiscal.

September 9th, 2009 NEW DELHI - Exports of agricultural products from India will more than double to top Rs.1 lakh crore (Rs.1 trillion or $20 billion) in the next five years, says an official export promotion agency of the commerce ministry. According to estimates by the Agricultural and Processed Food Products Export Development Authority (Apeda), the share of India's farm product exports in the global trade will also grow from 2 percent now to over 5 percent.

September 1st, 2009 NEW DELHI - India's merchandise exports fell for the 10th straight month in July and were valued 28.4 percent lower at $13.62 billion against $19.04 billion during the corresponding month last year, latest trade data showed Tuesday. Cumulative value of exports for the first four months of this fiscal (April-July) was $49.65 billion - 34.1 percent lower than the $75.29 billion that was logged during the year-ago period, as per the data released by the commerce ministry.

August 3rd, 2009 India's exports plunge 27.7 percent in JuneMUMBAI, India — India's merchandise exports fell by more than a quarter in June, the Ministry of Commerce said Monday, marking the nation's ninth month of steeply declining trade. Merchandise exports were valued at 612.17 billion rupees ($12.8 billion), down 27.7 percent in dollar terms from 759.3 billion rupees ($17.7 billion) a year earlier, according to government figures.

July 27th, 2009 NEW DELHI - Despite India's overall exports growth dipping considerably, exports from its special economic zones (SEZs) grew 50 percent during 2008-09, the government said Monday. "The value of exports made from SEZs during 2008-09 was Rs.99,689 crore against Rs.66,638 crore in the previous year, an increase over 50 percent," said Minister of State for Commerce and Industry Jyotiraditya M.

July 1st, 2009 India's exports plunge 29.2 percent in MayMUMBAI, India — India's exports fell by nearly a third in May, the eighth straight month of declines, as overseas demand withered. Merchandise exports were valued at 534.3 billion rupees ($11.0 billion), up slightly from April, but down 29.2 percent in dollar terms from 655.0 billion rupees ($15.5 billion) a year earlier, according to government figures Wednesday.

July 1st, 2009 NEW DELHI - India's merchandise exports continued to suffer a setback this fiscal to register a decline for the second straight month with the value of shipments 29.2 percent lower at $11.01 billion in May over the same month of last fiscal. Merchandise exports had dipped 33.2 percent to $10.74 billion in April, while in May last year, they were valued at $15.55 billion, as per latest data on foreign trade released here Wednesday by the commerce and industry ministry.

June 9th, 2009 German exports plungeBERLIN — Germany, Europe's largest economy, saw its exports plunge nearly 30 percent in April as the global economic crisis continued to hurt demand for its products, the Federal Statistical Office reported Tuesday. The country saw exports drop to euro63.8 billion ($88.47 billion) in April, compared with euro89.5 billion in the same month the previous year — a drop of 28.7 percent.

June 1st, 2009 NEW DELHI - The current fiscal year has started on a sour note for India's merchandise exports sector with the value of such shipments down 33.2 percent at $10.74 billion in April against $16.08 billion in the same month of the previous fiscal. Imports, too, fell 36.6 percent to $15.75 billion in April from $24.82 billion in the like month of last year, according to official data on external trade released by the commerce and industry ministry Monday.

June 1st, 2009 India's exports plunge 33.2 percent in AprilMUMBAI, India — India's exports fell by a third in April, the biggest drop since 1991 and the seventh-straight month of declines, as overseas demand withered. Merchandise exports during April were valued at 537.8 billion rupees ($10.7 billion), down 33.2 percent in dollar terms from last April's 643.4 billion rupees ($16.1 billion), according to government figures Monday.

March 15th, 2009 MUMBAI - India's gems and jewellery exports declined 34.57 percent in February owing to the sharp depreciation of the rupee and slower demand, according to data released Saturday. The Gems and Jewellery Export Promotion Council (GJEPC) said gems and jewellery exports fell 34.57 percent to $1.22 billion (Rs.5.91 billion) last month from $1.86 billion in the same period last year.

March 2nd, 2009 NEW DELHI - India's merchandise exports fell for the fourth consecutive month in January and were valued at $12.381 billion, down 15.9 percent from the $14.717 billion registered in the like month of last fiscal. Cumulatively, the exports registered a mere 13.2 percent growth in the first 10 months of this fiscal at $144.266 billion against $127.454 billion in the like period of the previous year, official data showed Monday.

February 1st, 2009 NEW DELHI - After registering a decline for two successive months, India's merchandise exports were marginally up 1.1 percent in December at $12.690 billion, as against $12.825 billion during the like month of last fiscal. Cumulatively, the exports grew 17.1 percent during the first nine moths of the fiscal to $131.990 billion against $112.737 billion during the corresponding period of the previous fiscal, official data showed Monday.

February 1st, 2009 NEW DELHI - India's merchandise exports registered a decline for the third straight month in dollar terms and were valued at $12.690 billion, down 1.1 percent over $12.825 billion logged during the like month of last fiscal. Cumulatively, however, the exports grew 17.1 percent during the first nine months of the fiscal to $131.990 billion, against $112.737 billion during the corresponding period of the previous fiscal, official data showed Monday.

December 31st, 2008 NEW DELHI - The New Year started with some disheartening news for India's exporting community with the latest trade data showing a 9.9-percent drop in outbound merchandise shipments in November - the second straight month of decline. Exports during November were valued at $11.505 million, which was 9.9 percent lower than the $12.768 million during the like month of last fiscal, as per data released by the commerce and industry ministry Thursday.