Exports show positive growth

In continuation with the positive growth exhibited by exports for the last twelve months, exports during August 2017 have shown growth of 10.29 per cent in dollar terms valued at US $ 23818.83 million as compared to US $ 21597.09 million during August,2016. In Rupee terms, during August 2017 exports were valued at Rs.152365.23 crore as compared to Rs.144570.03 crore during August,2016, registering a positive growth of 5.39 per cent.
During August 2017, Major commodity groups of export showing positive growth over the corresponding month of last year are Engineering Goods (19.53%), Petroleum Products (36.56%), Organic & Inorganic Chemicals (32.41%), Drugs & Pharmaceuticals (4.21%), and RMG of all Textiles (0.56%).
Cumulative value of exports for the period April-August 2017-18 was US $ 118574.96 million (Rs 763145.37 crore) as against US $ 109215.44 million (Rs 731420.12crore) registering a positive growth of 8.57 per cent in Dollar terms and 4.34 per cent in Rupee terms over the same period last year.
Non-petroleum and Non Gems & Jewellery exports in August 2017 were valued at US $ 17742.94 million against US $ 15500.73 million in August 2016, an increase of 14.47%. Non-petroleum and Non Gems and Jewellery exports during April -August 2017-18 were valued at US $ 87438.57 million as compared to US $ 79622.79 million for the corresponding period in 2016-17, an increase of 9.82%.