India’s Foreign Trade: Direction and Composition of Trade

77,083 views 44 slides Mar 14, 2015
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About This Presentation

India’s Foreign Trade: Direction and Composition of Trade


Slide Content

India’s Foreign Trade: Direction and Composition of Trade Presented by Range Gowda I Ph.D ( Agril . Economics)

INTRODUCTION Trade between two or more nations is called foreign trade or international trade Foreign trade is also known as external trade.

Importance IMPORTS

India’s merchandise exports reached a level of US $ 312.61 billion during 2013-14 registering a growth of 4.06 percent as compared to a negative growth of 1.82 percent during the previous year. Exports recorded a growth of 4.06 per cent during Apr-Mar 2013-14. The Government had set an export target of US $ 325 billion for 2013-14. The merchandise exports have reached US $ 312.61 billion in 2013-14. Export target and achievement from 2004-05 to 2013-14 is given in the Fig.1

Fig. 1 Export target and Achievement

Table 1.Trade Data for period 2004-05 to 2013-14 Rs Crores Source: DGCI&S, Kolkata

Foreign trade has played a crucial role in India s economy and its growth The composition and direction of foreign trade has undergone substantial changes particularly after the liberalization process which began in early 1990’s. Over the years, India's trade with other countries have gone up substantially. Apart from that, India is now a major player in global trading systems and all the major sectors of Indian economy are linked to the world outside either directly or indirectly through international trade.

Composition Export Import Fuels, capital goods, chemicals, food grains, Petroleum products, Capital goods ,Pearls and precious gems, Iron and steel Fertilizers ,edible oil Manufactured goods textiles , Gems and Jewellery , Handicraft , Light machinery etc.

IMPORTS It refers to goods that we buy from other countries. At times of independence India was an agrarian economy. Partition of our country has brought food shortage because wheat growing regions vested with Pakistan. Hence India need to import in large quantities, food , cotton jute. Etc

With development of economy over these days, there occurred changes in composition of imports. The development required setting up of industries modernization of agriculture etc. Capital goods like machinery chemicals fertilizers metals minerals petroleum products etc. Contd..

EXPORTS Exports means that we are selling commodities to other countries. At the time of independence our exports comprise of agricultural products like tobacco, spices, raw materials of cotton and jute etc. Due to industrialization the proportion of raw materials in our exports declined.

DIRECTION OF INDIA’S FOREIGN TRADE Direction means countries to which India exports its goods and countries from which it imports. Direction of trade also helps to understand the diplomatic relationship maintained by India with other countries of trade. West Europe (28.1 per cent), America (25.4 per cent), Africa (6.3 per cent) and East Europe (3.1 per cent).

Group of countries to which India Exports

Contd..

Rank Country Apr-Oct  2013 Apr-Oct  2014 %Growth %Share 1 U S A 1,38,361.69 1,56,989.51 13.46 13.99 2 U ARAB 1,06,301.59 1,18,755.34 11.72 10.58 3 SAUDI ARAB 44,574.68 48,892.93 9.69 4.36 4 HONG KONG 46,268.35 48,174.01 4.12 4.29 5 CHINA 43,553.83 41,049.86 -5.75 3.66 6 SINGAPORE 51,821.36 34,751.25 -32.94 3.1 7 U K 33,009.03 33,334.27 0.99 2.97 8 BRAZIL 17,541.28 28,308.36 61.38 2.52 9 GERMANY 25,330.86 27,134.18 7.12 2.42 10 NETHERLAND 29,841.05 22,915.51 -23.21 2.04 11 SRI LANKA 13,774.66 22,381.28 62.48 1.99 12 SOUTH AFRICA 18,243.74 22,368.88 22.61 1.99 13 BANGLADESH 19,292.92 21,677.57 12.36 1.93 14 VIETNAM 16,291.64 21,369.50 31.17 1.9 15 BELGIUM 21,547.40 20,267.13 -5.94 1.81   Total 10,80,203.40 11,22,499.74 3.92 100 Values in Rs. Crores Source: (DGCI&S), Kolkata Table 2. Top 15 Countries of Export (2013-2014)

Source: DGCI&S, Kolkata

Source: DGCI&S, Kolkata

Rank Country Apr-Oct  2013 Apr-Oct  2014 %Growth %Share 1 CHINA 182780.64 210531.91 15.18 12.76 2 SAUDI ARAB 125972.38 115854.96 -8.03 7.02 3 U ARAB 110228.82 99425.31 -9.8 6.03 4 SWITZERLAND 77638.23 78953.48 1.69 4.79 5 U S A 85294.26 74775.57 -12.33 4.53 6 IRAQ 69632.05 59472.33 -14.59 3.61 7 QATAR 51771.75 57953.07 11.94 3.51 8 KUWAIT 62476.6 56084.46 -10.23 3.4 9 NIGERIA 45226 55214.16 22.09 3.35 10 INDONESIA 50493.38 51555.86 2.1 3.13 11 VENEZUELA 52390.42 48347.22 -7.72 2.93 12 KOREA RP 44509.77 47931.73 7.69 2.91 13 GERMANY 44901.09 44943.11 0.09 2.72 14 MALAYSIA 32752.77 41564.97 26.91 2.52 15 BELGIUM 36770.14 39733.32 8.06 2.41   Total 1590363.02 1649496.64 3.72 100 Source: DGCI&S, Kolkata Values in Rs. Crores Table 3 .15 Countries of Import

Source: DGCI&S, Kolkata

Source: DGCI&S, Kolkata

Table 4. Top 15 Commodities of Export Rank Commodity Apr-Oct  2013 Apr-Oct  2014(P) %Growth %Share 1 PETROLEUM PRODUCTS 2,29,299.95 2,32,089.79 1.22 20.68 2 PEARL, PRECS, SEMIPRECS STONES 1,05,188.65 91,005.42 -13.48 8.11 3 GOLD AND OTH PRECS METL JWLERY 36,456.20 46,715.35 28.14 4.16 4 DRUG FORMULATIONS, BIOLOGICALS 36,385.69 39,993.19 9.91 3.56 5 IRON AND STEEL 30,130.97 31,892.78 5.85 2.84 6 RMG COTTON INCL ACCESSORIES 29,556.86 31,754.95 7.44 2.83 7 PRODUCTS OF IRON AND STEEL 22,965.26 26,078.31 13.56 2.32 8 MOTOR VEHICLE/CARS 20,871.11 23,224.72 11.28 2.07 9 MARINE PRODUCTS 16,851.27 20,834.66 23.64 1.86 10 ORGANIC CHEMICALS 18,984.98 19,803.09 4.31 1.76 11 COTTON FABRICS, MADEUPS ETC. 17,580.49 19,633.30 11.68 1.75 12 MANMADE YARN,FABRICS,MADEUPS 17,644.25 18,835.06 6.75 1.68 13 SHIP, BOAT AND FLOATING STRUCT 12,817.86 18,583.18 44.98 1.66 14 AIRCRAFT, SPACECRAFT AND PARTS 14,001.14 17,390.52 24.21 1.55 15 INDL. MACHNRY FOR DAIRY ETC 14,449.88 16,421.57 13.65 1.46   Total 10,80,203.40 11,22,499.74 3.92 100 Source: DGCI&S, Kolkata Values in Rs. Crores

Source: DGCI&S, Kolkata Fig. 6 Top 15 Commodities % Growth in Export 2013-14

Source: DGCI&S, Kolkata

Table 5. Top 15 Commodities of Import Rank Commodity Apr-Oct  2013 Apr-Oct  2014(P) %Growth %Share 1 PETROLEUM: CRUDE 4,98,932.69 4,18,522.14 -16.12 25.37 2 GOLD 1,20,335.78 1,13,969.57 -5.29 6.91 3 OTHER COMMODITIES 42,854.16 1,10,246.83 157.26 6.68 4 PETROLEUM PRODUCTS 68,708.96 85,457.93 24.38 5.18 5 PEARL, PRECS, SEMIPRECS STONES 86,144.39 82,157.64 -4.63 4.98 6 COAL,COKE AND BRIQUITTES ETC 56,454.13 61,221.04 8.44 3.71 7 TELECOM INSTRUMENTS 39,869.59 51,295.04 28.66 3.11 8 ORGANIC CHEMICALS 39,355.32 44,835.22 13.92 2.72 9 IRON AND STEEL 34,058.25 42,707.77 25.4 2.59 10 PLASTIC RAW MATERIALS 27,524.61 35,437.01 28.75 2.15 11 VEGETABLE OILS 23,637.73 35,408.86 49.8 2.15 12 INDL. MACHNRY FOR DAIRY ETC 31,248.24 31,629.44 1.22 1.92 13 COMPUTER HARDWARE, PERIPHERALS 26,080.38 25,866.05 -0.82 1.57 14 BULK MINERALS AND ORES 19,331.44 24,938.30 29 1.51 15 FERTILEZERS MANUFACTURED 24,145.46 20,990.74 -13.07 1.27   Total 15,90,363.03 16,49,496.65 3.72 100 Source: DGCI&S, Kolkata Values in Rs. Crores

Source: DGCI&S, Kolkata Fig.8 Top 15 Commodities % Growth in Import 2013-14

Source: DGCI&S, Kolkata

Table 6. Export of Principal Commodities Groups Commodity Apr-Mar  2013 Apr-Mar  2014 %Growth %Share A)  PLANTATION 9,429.86 9,672.45 2.57 0.51 B)  AGRI & ALLIED PRDTS 1,74,194.01 1,95,731.08 12.36 10.27 C)  MARINE PRODUCTS 18,841.20 30,627.28 62.55 1.61 D)  ORES & MINERALS 30,597.00 34,063.47 11.33 1.79 E)  LEATHER & MNFRS 26,596.87 34,679.98 30.39 1.82 F)  GEMS & JEWELLERY 2,36,162.03 2,52,175.14 6.78 13.24 G)  SPORTS GOODS 1,125.33 1,437.49 27.74 0.08 H)  CHEMICALS & RELATED PRODUCTS 2,25,865.81 2,66,453.03 17.97 13.99 I)  ENGINEERING GOODS 3,08,948.09 3,73,931.68 21.03 19.63 J)  ELECTRONIC GOODS 45,970.26 46,703.78 1.6 2.45 K)  PROJECT GOODS 780.8 291.22 -62.7 0.02 L)  TEXTILES 1,43,444.81 1,84,770.64 28.81 9.7 M)  HANDICRAFTS 1,110.29 1,721.68 55.07 0.09 N)  CARPETS 5,374.22 6,278.31 16.82 0.33 O)  COTTON RAW INCL WASTE 20,276.51 22,337.84 10.17 1.17 P)  PETROLEUM PRODUCTS 3,30,790.01 3,83,247.88 15.86 20.12 Q)  UNCLASSIFIED EXPORTS 54,811.74 60,888.15 11.09 3.2 Total 16,34,318.83 19,05,011.08 16.56 100 Source: DGCI&S, Kolkata Values in Rs. Crores

Source: DGCI&S, Kolkata

Table 7. Import of Principal Commodities Groups 2013-2014 Commodity Apr-Mar  2013 Apr-Mar  2014 %Growth %Share A)  BULK IMPORTS 12,10,529.52 12,90,386.27 6.6 47.52 B)  PEARLS, PRECIOUS & SEMI-PRECIOUS STONES 1,23,043.23 1,44,167.22 17.17 5.31 C)  MACHINERY 2,83,054.87 2,76,846.86 -2.19 10.2 D)  PROJECT GOODS 35,658.51 27,442.24 -23.04 1.01 E)  OTHERS 10,16,700.06 9,76,373.77 -3.97 35.96 Total 26,69,161.95 27,15,433.90 1.73 100 Source: DGCI&S, Kolkata Values in Rs. Crores

Source: DGCI&S, Kolkata

Source: DGCI&S, Kolkata

Table 8. Import by Region India 2013-2014 Region Apr-Oct  2013 Apr-Oct  2014(P) %Growth %Share 1)  Europe 2,57,950.06 2,57,687.52 -0.1 15.62         1.1 EU Countries 1,75,161.91 1,71,111.07 -2.31 10.37         1.2 European Free Trade Association (EFTA) 79,494.22 81,199.90 2.15 4.92         1.3 Other European Countries 3,293.93 5,376.55 63.23 0.33 2)  Africa 1,28,077.64 1,48,080.27 15.62 8.98         2.1 Southern African Customs Union (SACU) 24,668.44 26,166.80 6.07 1.59         2.2 Other South African Countries 22,581.21 20,910.81 -7.4 1.27         2.3 West Africa 57,798.12 79,689.17 37.88 4.83         2.4 Central Africa 475.46 937.44 97.17 0.06         2.5 East Africa 3,480.37 4,509.45 29.57 0.27         2.6 North Africa 19,074.06 15,866.62 -16.82 0.96 3)  America 1,99,364.70 2,04,886.70 2.77 12.42         3.1 North America 1,08,231.28 99,028.64 -8.5 6         3.2 Latin America 91,133.42 1,05,858.06 16.16 6.42 4)  Asia 9,72,654.69 9,82,078.67 0.97 59.54         4.1 East Asia (Oceania) 36,871.44 37,530.24 1.79 2.28         4.2 ASEAN 1,45,355.99 1,60,189.17 10.2 9.71         4.3 West Asia- GCC 3,64,202.50 3,38,675.39 -7.01 20.53         4.4 Other West Asia 1,13,868.61 1,09,977.42 -3.42 6.67         4.5 NE Asia 3,04,478.28 3,26,447.30 7.22 19.79         4.6 South Asia 7,877.88 9,259.15 17.53 0.56 5)  CIS & Baltics 25,746.61 30,503.73 18.48 1.85         5.1 CARs Countries 1,704.43 3,834.90 125 0.23         5.2 Other CIS Countries 24,042.18 26,668.84 10.93 1.62 6)  Unspecified Region 6,561.25 26,186.97 299.12 1.59 Total 15,90,363.02 16,49,496.64 3.72 100 Values in Rs. Crores

Regions (countries) Apr-Oct  2013 Apr-Oct  2014 % Growth % Share 1)  Europe 2,57,950.06 2,57,687.52 -0.1 15.62 2)  Africa 1,28,077.64 1,48,080.27 15.62 8.98 3)  America 1,99,364.70 2,04,886.70 2.77 12.42 4)  Asia 9,72,654.69 9,82,078.67 0.97 59.54 5)  CIS & Baltics 25,746.61 30,503.73 18.48 1.85 6)  Unspecified Region 6,561.25 26,186.97 299.12 1.59 Total 15,90,363.02 16,49,496.64 3.72 100 Source: DGCI&S, Kolkata Table 9. Import by Region India 2013-2014 Values in Rs. Crores

Source: DGCI&S, Kolkata

Region Apr-Oct  2013 Apr-Oct  2014 %Growth %Share 1)  Europe 1,97,857.81 2,00,017.00 1.09 17.82         1.1 EU Countries 1,76,765.43 1,75,256.71 -0.85 15.61         1.2 European Free Trade Associatipn (EFTA) 8,381.81 4,494.31 -46.38 0.4         1.3 Other European Countries 12,710.57 20,265.98 59.44 1.81 2)  Africa 1,02,428.35 1,25,376.38 22.4 11.17         2.1 Southern African Customs Union (SACU) 19,738.12 23,131.75 17.19 2.06         2.2 Other South African Countries 6,796.66 12,513.79 84.12 1.11         2.3 West Africa 24,571.90 25,196.60 2.54 2.24         2.4 Central Africa 3,601.79 4,238.47 17.68 0.38         2.5 East Africa 29,770.03 39,132.24 31.45 3.49         2.6 North Africa 17,949.85 21,163.53 17.9 1.89 3)  America 1,87,482.67 2,22,092.91 18.46 19.79         3.1 North America 1,51,645.44 1,74,292.29 14.93 15.53         3.2 Latin America 35,837.23 47,800.63 33.38 4.26 4)  Asia 5,31,151.26 5,52,240.93 3.97 49.2         4.1 East Asia (Oceania) 9,267.40 11,825.87 27.61 1.05         4.2 ASEAN 1,20,091.96 1,08,631.00 -9.54 9.68         4.3 West Asia- GCC 1,69,071.42 1,85,766.51 9.87 16.55         4.4 Other West Asia 43,996.66 41,560.55 -5.54 3.7         4.5 NE Asia 1,34,378.83 1,34,384.92 11.97         4.6 South Asia 54,344.98 70,072.09 28.94 6.24 5)  CIS & Baltics 11,746.08 12,133.88 3.3 1.08         5.1 CARs Countries 1,713.55 2,074.83 21.08 0.18         5.2 Other CIS Countries 10,032.53 10,059.06 0.26 0.9 6)  Unspecified Region 49,316.20 10,322.38 -79.07 0.92 Total 10,80,203.40 11,22,499.74 3.92 100 Table 10. Export by Region India 2013-2014 Values in Rs. Crores

Region Apr-Oct  2013 Apr-Oct  2014 % Growth % Share 1)  Europe 1,97,857.81 2,00,017.00 1.09 17.82 2)  Africa 1,02,428.35 1,25,376.38 22.4 11.17 3)  America 1,87,482.67 2,22,092.91 18.46 19.79 4)  Asia 5,31,151.26 5,52,240.93 3.97 49.2 5)  CIS & Baltics 11,746.08 12,133.88 3.3 1.08 6)  Unspecified Region 49,316.20 10,322.38 -79.07 0.92 Total 10,80,203.40 11,22,499.74 3.92 100 Source: DGCI&S, Kolkata Table 11. Export by Region India 2013-2014 Values in Rs. Crores

Source: DGCI&S, Kolkata

  time Commodity / Country 1 2 3 4 5 6 7 8 9 10 Sub total %Share of commodity in India's total Export     U S A U ARAB CHINA HONG K ONG SINGAPORE SAUDI ARAB UNSPEC IFIED U K NETHER LAND GERMAN Y 1 PETROLEUM (CRUDE & PRODUCTS) 23,588.20 25,404.48 6,295.97 155.61 43,974.57 41,144.32 33,670.71 6,569.97 23,232.07 209.06 2,04,244.97 20.12 -6.15 -6.63 -1.64 -0.04 -11.47 -10.74 -8.79 -1.71 -6.06 -0.05 -53.29 2 GEMS & JEWELLARY 47,236.17 77,262.22 758.33 67,621.71 3,215.34 136.46 11,513.54 2,650.74 131.13 708.57 2,11,234.20 13.24 -18.73 -30.64 -0.3 -26.82 -1.28 -0.05 -4.57 -1.05 -0.05 -0.28 -83.76 3 TRANSPORT EQUIPMENTS 9,081.35 14,807.37 3,269.14 103.06 11,638.29 2,356.81 34.28 5,905.31 2,179.83 2,400.80 51,776.24 6.82 -6.99 -11.4 -2.52 -0.08 -8.96 -1.82 -0.03 -4.55 -1.68 -1.85 -39.88 4 MACHINERY AND INSTRUMENTS 12,570.03 4,582.86 3,083.94 605.54 2,621.97 3,356.97 116.66 4,583.46 1,179.31 4,955.45 37,656.18 5.15 -12.82 -4.68 -3.15 -0.62 -2.67 -3.42 -0.12 -4.68 -1.2 -5.06 -38.41 5 DRUGS,PHRMCUTES & FINE CHEMLS 24,361.32 718.64 729.17 247.6 740.34 210.07 1,285.22 3,169.03 1,536.03 2,776.81 35,774.24 4.84 -26.43 -0.78 -0.79 -0.27 -0.8 -0.23 -1.39 -3.44 -1.67 -3.01 -38.81 Table 12. India's First 10 Product Groups and First 10 Countries ( 10x10 Matrix) Matrix of Export for the Period Apr-2013  to  Mar-2014 Values in Rs. Crores Source: DGCI&S, Kolkata

  Commodity/Country 1 2 3 4 5 6 7 8 9 10 Sub total of Export of 10 Countries %Share of commodity in India's total Export     U S A U ARAB EMTS CHINA P RP HONG K ONG SINGAP ORE SAUDI ARAB UNSPEC IFIED U K NETHER LAND GERMAN Y 6 OTHER COMMODITIES 8,557.61 6,676.23 1,266.10 118.49 1,251.12 583.81 18,886.08 1,731.80 599.71 1,690.41 41,361.35 3.19 -14.08 -10.98 -2.08 -0.19 -2.06 -0.96 -31.07 -2.85 -0.99 -2.78 -68.04 7 MANUFACTURES OF METALS 11,037.99 7,148.95 630.19 120.96 666.77 2,216.40 26.07 3,511.51 1,263.59 3,366.07 29,988.51 3.08 -18.79 -12.17 -1.07 -0.21 -1.14 -3.77 -0.04 -5.98 -2.15 -5.73 -51.06 8 RMG COTTON INCL ACCESSORIES 13,522.94 4,294.08 257.85 349.92 195.25 1,164.76 50.96 6,486.38 2,101.17 5,235.83 33,659.13 2.88 -24.63 -7.82 -0.47 -0.64 -0.36 -2.12 -0.09 -11.81 -3.83 -9.53 -61.29 9 COTTON YARN,FABRICS,MADEUPSETC 9,168.45 999.67 11,758.11 949.57 44.57 170.49 110.54 1,181.28 392.62 1,403.41 26,178.71 2.84 -16.96 -1.85 -21.75 -1.76 -0.08 -0.32 -0.2 -2.19 -0.73 -2.6 -48.44 10 ELECTRONIC GOODS 6,322.04 5,752.23 2,082.36 1,288.36 1,892.87 955.08 959.79 1,498.76 2,802.74 2,085.97 25,640.20 2.43 -13.66 -12.43 -4.5 -2.78 -4.09 -2.06 -2.07 -3.24 -6.06 -4.51 -55.42 Sub-total Export of 10 Commodity 1,65,446.10 1,47,646.73 30,131.16 71,560.82 66,241.09 52,295.18 66,653.84 37,288.24 35,418.19 24,832.38 6,97,513.73   {69.90} {79.90} {33.18} {92.65} {88.36} {70.80} {97.49} {62.69} {72.64} {54.50} % Share of country in India's total Export 12.42 9.7 4.77 4.05 3.94 3.88 3.59 3.12 2.56 2.39 50.42   Values in Rs. Crores Source: DGCI&S, Kolkata

  Commodity/Country 1 2 3 4 5 6 7 8 9 10 Sub total of Import of 10 Countries %Share of commodity in India's total Import   CHINA P RP SAUDI ARAB U ARAB EMTS U S A SWITZE RLAND IRAQ KUWAIT QATAR INDONE SIA NIGERI A 1 ELECTRONIC GOODS 96,844.78 3.33 301.72 9,818.36 726.6 5.62 0.27 0.72 1,054.60 5.22 1,08,761.22 6.9 -51.7 -0.16 -5.24 -0.39 -0.56 -58.07 2 GOLD 306.25 195.21 30,475.75 7,070.60 98,699.90       13.32   1,36,761.02 6.12 -0.18 -0.12 - 18.33 -4.25 -59.37 -0.01 -82.27 3 PERLS PRCUS SEMIPRCS STONES 203.16 947.67 36,111.78 3,984.51 1,394.69   0.02 0.24 10.3 42,652.37 5.31 -0.14 -0.66 -25.05 -2.76 -0.97 -0.01 -29.59 4 MACHRY EXCPT ELEC & ELECTRONIC 35,321.77 46.69 510.38 14,944.83 2,484.73 0.3 3.52 654.28 0.51 53,967.00 5.26 -24.73 -0.03 -0.36 -10.46 -1.74 -0.46 -37.79 5 OTHER COMMODITIES 15,724.64 52.39 6,204.36 21,094.30 618.97 7.16 61.52 8.46 1,450.97 47.57 45,270.35 4.18 -13.85 -0.05 -5.47 -18.58 -0.55 -0.01 -0.05 -0.01 -1.28 -0.04 -39.88 Table 13. India's First 10 Product Groups and First 10 Countries ( 10x10 Matrix) Matrix of Import for the Period Apr-2013  to  Mar-2014 Source: DGCI&S, Kolkata Values in Rs. Crores

  Commodity/Country 1 2 3 4 5 6 7 8 9 10 Sub total of Import of 10 Countries %Share of commodity in India's total Import   CHINA P RP SAUDI ARAB U ARAB EMTS U S A SWITZE RLAND IRAQ KUWAIT QATAR INDONE SIA NIGERI A 6 COAL,COKE & BRIQUITTES ETC. 3,510.93   3,207.49         41,328.87   48,047.28 3.65 -3.54 -3.24 -41.69 -48.47 7 ORGANIC CHEMICALS 26,754.82 7,351.97 141.13 5,201.00 679.14 4,407.13 1,575.53 1,243.35 47,354.08 3.53 -27.88 -7.66 -0.15 -5.42 -0.71 -4.59 -1.64 -1.3 -49.34 8 TRANSPORT EQUIPMENTS 12,327.54 8.11 3,536.13 16,606.36 45.82   0.01 1.09 1,557.15 0.02 34,082.24 3.51 -12.92 -0.01 -3.71 -17.4 -0.05 -1.63 -35.72 9 METALIFERS ORES & METAL SCRAP 444.11 2,309.74 4,971.81 2,591.96 65.4 0.01 811.63 201.46 4,539.63 171.79 16,107.53 2.68 -0.61 -3.18 -6.84 -3.57 -0.09 -1.12 -0.28 -6.25 -0.24 -22.17 10 VEGETABLE OILS FIXED (EDIBLE) 0.2 19.06 409.79 166.34       27,807.99 28,403.38 2.08 -0.03 -0.72 -0.29 -49.15 -50.21 Sub-total Import of 10 Commodity 1,91,438.20 10,934.17 82,662.84 84,685.74 1,04,715.25 12.79 5,280.88 1,790.78 79,650.39 235.42 5,61,406.47   {61.91} {4.96} {47.47} {62.45} {93.21} {0.01} {5.11} {1.88} {89.46} {0.27} % Share of country in India's total Import 11.39 8.12 6.41 4.99 4.14 4.11 3.81 3.5 3.28 3.16 52.91   Source: DGCI&S, Kolkata Values in Rs. Crores

Conclusion