India’s exports up 1.1 percent in December

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.

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 8th, 2009 NEW DELHI - The decline in India's exports due to the global financial crisis has been arrested and a turnaround is now visible, the Rajya Sabha was informed Wednesday. "The downward trend has been arrested and now a turnaround is visible," Commerce Minister Anand Sharma said during question hour.

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 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.

April 30th, 2009 NEW DELHI - India's exports to the US have fallen by 11.5 percent in the five-month period since last October, said the Federation of Indian Chambers of Commerce and Industry (FICCI), adding that this was a 'matter of deep concern'. 'The sharp decline in our exports to the US that accounts for 13 percent of our global exports is a matter of deep concern,' FICCI president Harshpati Singhania said in a statement Thursday.

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 2nd, 2009 NEW DELHI - India's merchandise exports will fall again in January - by as much as 22 percent - after three successive months of decline since October, because of the global economic meltdown, Commerce Secretary G.K. Pillai said Tuesday.

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.

February 1st, 2009 NEW DELHI - Auto major Hyundai Motor India Monday said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units for the corresponding month last year. However, total sales including exports saw only a marginal dip of 1.3 percent to 37,216 units in the period under review from 37,700 units in the year-ago period.

January 12th, 2009 BEIJING - China's exports and imports declined for the second consecutive month in December, reflecting deteriorating demand in external and domestic markets amid the global financial crisis. The country's exports fell 2.8 percent in December from a year earlier to $111.16 billion, while imports in the month totalled $72.18 billion, down 21.3 percent year on year, the General Administration of Customs said Tuesday.

December 31st, 2008 NEW DELHI - Maruti Suzuki Ltd, the country's largest passenger carmaker, Thursday reported 10 percent dip in its December sales. The company sold 56,293 vehicles last month as against 62,515 units in December 2007, an official statement said.