Business EconomyPosted at: Nov 15 2018 7:08PM

New Delhi, Nov 15 (UNI) India’s overall exports (Merchandise and Services combined) in April-October 2018-19 are estimated to be USD 308.32 Billion, exhibiting a positive growth of 17.17 per cent over the same period last year.
Overall imports in April-October 2018-19 are estimated to be USD 374.88 Billion, exhibiting a positive growth of 18.88 per cent over the same period last year, according to data released by Commerce and Industry on Thursday.
Exports in October 2018 were USD 26.98 Billion, as compared to USD 22.89 Billion in the same month last year, exhibiting a positive growth of 17.86 per cent.
In Rupee terms, exports were Rs 1,98,634.84 Crore in October 2018, as compared to Rs 1,48,962.64 Crore same month last year, registering a positive growth of 33.35per cent.
Cumulative value of exports for the period April-October 2018-19 was USD 191.01Billion (Rs13,23,940.28 Crore) as against USD 168.64Billion (Rs 10,87,270.47 Crore) during the period April-October 2017-18, registering a positive growth of 13.27per cent in Dollar terms (21.77 per cent in Rupee terms).
Non-petroleum and Non Gems and Jewellery exports in October 2018 were USD 18.94 Billion, as compared to USD 16.54 Billion in October 2017, exhibiting a positive growth of 14.54 per cent.
Non-petroleum and Non Gems and Jewellery exports in April-October 2018-19 were USD 137.98 Billion, as compared to USD 124.45 Billion for the corresponding period in 2017-18, an increase of 10.88 per cent.
Imports in October 2018 were USD 44.11 Billion (Rs 3,24,774.78 Crore), which was 17.62 per cent higher in Dollar terms and 33.07per cent higher in Rupee terms over imports of USD 37.50Billion (Rs 2,44,064.20Crore) in the same month last year.
Cumulative value of imports for the period April-October 2018-19 was USD 302.47Billion (Rs.20,97,058.41Crore), as against USD 259.92Billion (Rs.16,75,887.95 Crore) during the period April-October 2017-18, registering a positive growth of 16.37per cent in Dollar terms (25.13 per cent in Rupee terms).
Oil imports in October 2018 were USD 14.21Billion (Rs 1,04,630.60Crore), which was 52.64 per cent higher in Dollar terms (72.70percent higher in Rupee terms), compared to USD 9.31Billion (Rs. 60,586.10Crore) same month last year.
Oil imports in April-October 2018-19 were US $ 83.94Billion (Rs. 5,82,813.70 Crore) which was 50.48per cent higher in Dollar terms (62.01percent higher in Rupee terms) compared to USD 55.78Billion (Rs. 3,59,733.15Crore), over the same period last year.
Non-oil imports in October 2018 were estimated at USD 29.90Billion (Rs 2,20,144.18Crore) which was 6.05 per cent higher in Dollar terms (19.98 percent higher in Rupee terms), compared to USD 28.19 Billion (Rs 1,83,478.10 Crore) same month last year.
Non-oil imports in April-October 2018-19 were USD 218.53Billion (Rs15,14,244.71 Crore) which was 7.05 per cent higher in Dollar terms (15.05 percent higher in Rupee terms), compared to USD 204.14Billion (Rs 13,16,154.80Crore) in April-October2017-18.
Non-Oil and Non-Gold imports were USD 28.21billion in October 2018, recording a positive growth of 11.77 per cent, as compared to Non-Oil and Non-Gold imports in October 2017. Non-Oil and Non-Gold imports were USD 199.21billion in April-October 2018-19, recording a positive growth of 8.14 per cent, as compared to Non-Oil and Non-Gold imports in April-October 2017-18.
Exports in September 2018 were USD 16.38 Billion (Rs.1,18,295.88 Crore) registering a negative growth of 0.88 per cent in dollar terms, vis-a-vis August 2018.
Imports in September 2018 were USD 9.95 Billion (Rs 71,825.34 Crore) registering a negative growth of 3.94 per cent in dollar terms,vis-à-vis August 2018.
The trade deficit for October 2018 was estimated at USD 17.13Billion as against the deficit of USD 14.61 Billion same month last year.
As per RBI’s statement on Thursday, the trade balance in Services (i e Net Services export) for September 2018 is estimated at USD 6.44Billion.
Taking merchandise and services together, overall trade deficit for April-October 2018-19 is estimated at USD 66.57Billion as compared to USD 52.23Billion in April-October 2017-18.
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