In continuation with the double digit growth exhibited by exports during March 2017, exports during April 2017have shown growth of 19.77 per cent in dollar terms valued at USD 24635.09 million as compared to USD 20568.85 million during April,2016. In Rupee terms, duringApril 2017 exports were valued at Rs. 1589.13 billion as compared to Rs. 1367.20 billion during April,2016, registering a positive growth of 16.23 per cent.
Non-petroleum and Non Gems & Jewellery exports in April 2017 were valued at USD 17718.87 million against USD 15136.41 million in April 2016, an increase of 17.06%.
The growth in exports is positive for all major economies, USA (4.74%), EU (0.16%),Japan (13.30%) except for China (-1.56%)for February 2017 over the corresponding period of previous year as per latest WTO statistics.
Imports during April 2017 were valued at USD 37884.28 million (Rs. 2443.80 billion) which was 49.07 per cent higher in Dollar terms and 44.67 per cent higher in Rupee terms over the level of imports valued at USD 25413.72 million (Rs. 1689.23 billion) in April, 2016.