India’s imports of sensitive items up 34.5 percent

October 1st, 2009 NEW DELHI - India's exports in the five months since April have dipped 31 percent in dollar terms and 20.4 percent in rupee terms, government data released Thursday said. Imports fell 32.4 percent in dollar terms and 23.9 percent in rupee terms during the same period.

August 11th, 2009 Chinese exports, imports fall sharply in JulyBEIJING — China's government says the decline in the country's exports and imports accelerated in July amid weak global consumer demand. Tuesday's report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.

August 4th, 2009 TOKYO - More than 19 percent of Japan's oil imports in June came from the United Arab Emirates (UAE), WAM news agency reported. Tokyo imported 18.81 million barrels of oil, accounting for 19.4 percent of the country's oil imports, from the UAE during this period, Japan's natural and energy resources agency said Monday.

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 7th, 2009 TOKYO - Saudi Arabia and the United Arab Emirates (UAE) are the largest oil suppliers to the world's second largest economy Japan and account for over half of the country's oil imports, WAM news agency reported Tuesday citing Japanese government figures. Saudi Arabia remained the largest crude oil supplier to Japan in May 2009, exporting 31.4 million barrels per day and accounting for 28.8 percent of total its oil imports.

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.

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.

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.

May 1st, 2009 NEW DELHI - India's merchandise exports fell short of the target set for the previous fiscal and were valued at $168.7 billion, up merely 3.4 percent over $163.13 billion in the year before, latest trade data showed Friday. The government had set a target of $200 billion, which could not materialise due to the general downturn in the global economy and recession in some of the country's largest trading partners such as the US and Britain.

April 1st, 2009 NEW DELHI - India's merchandise exports dipped 21.7 percent in February to Rs.58,685 crore ($11.91 billion), as compared to Rs.60,476 crore ($15.22 billion) in the corresponding month last year, according to government data released Wednesday. Exports figures have been contracting since last October, forcing the commerce ministry to revise the target for 2008-09 to $175 billion from $200 billion following fall in overseas demand.

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.