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5.trends in India's Foreign Trade
5.trends in India's Foreign Trade
400
350
300
250
200
US $ BILLION
150
100
50
0
2004- 2005- 2006- 2007- 2008- 2009- 2010- 2011- 2012- 2013-
2005 2006 2007 2008 2009 2010 2011 2012 13 14
Export Target (US $ Bn) 75 100 125 160 200 175 200 300 360 325
Actually achieved (US $ Bn) 83.54 103.09 126.41 163.13 185.30 178.75 251.14 305.96 300.40 312.61
Chapter-3
deficit of US $ 190.34 billion during 2012-13. of Trade during 2004-05 to 2013-14 is given
Performance of Exports, Imports and Balance in the table 3.1:
20.00
% Growth
15.00
10.00
5.00
0.00
-5.00
-10.00
AUGUS SEPTEM OCTOBE NOVEM DECEM JANUAR FEBRUA
APRIL MAY JUNE JULY MARCH
T BER R BER BER Y RY
% Growth during 2013-14 over 2012-13 in $ terms 2.36 0.17 -3.82 11.80 13.93 12.94 14.26 3.56 3.70 4.03 -5.19 -4.80
TRANSPORT EQUIPMENTS
50.0
13.15 MACHINERY AND
INSTRUMENTS
DRUGS,PHRMCUTES & FINE
CHEMLS
6.85
Others
5.19
4.81
The export performance (in terms of growth) vis the corresponding period of the previous
of top five commodities during 2013-14 vis-a- year is shown in Chart 3.4.
Chapter-3
Chart 3.4
Growth of Top Five Exports during 2012-13 & 2013-14
11.13
8.60
7.13
5.93 5.63
3.00 2.58
PETROLEUM (CRUDE GEMS & JEWELLARY TRANSPORT MACHINERY AND DRUGS,PHRMCUTES Others
& PRODUCTS) -3.44 EQUIPMENTS INSTRUMENTS & FINE CHEMLS
-5.18 -5.32
-14.12
13 registering a negative growth of 72.84 per (Crude & Products), Electronic Goods, Gold,
cent. Pearls, precious and semi-precious stones and
Machinery except electrical and electronic.
Petroleum Products
Export of Petroleum Products increased to The share of top five Principal Commodity in
US $ 62,685.29 million during 2013-14, as India’s total imports during 2013-14 is given
compared with US $ 60,859.81 million in at Chart 3.5 below:
Chart 3.5
Share of Top Five Commodities in India's Imports 2013-14
Chart 3.6
Growth of Top Five Imports during 2012-13 & 2013-14
5.9 5.9
0.7 2.3
-14.3
-19.6
During the period 2013-14, the share of UAE (6.47 per cent), USA (4.96 per cent) and
Asia comprising of East Asia, ASEAN, West Switzerland (4.31 per cent).
Chart 3.7 Chart 3.8
Major Destinations of India's Major Sources of India's
Exports for 2013-14 Imports for 2013-14
12.53 11.33
8.12
9.76
6.47
4.76
4.07 4.96
64.9 64.81 4.31
4