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Foreign Trade

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Recent Trends & Current


Scenario of India’s Foreign Trade

Ms. Deepali G.

© 2006 By Default!
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Team Members
 Neha Jangid
 Michelle Rodriguez
 Jaspal Singh
 Pritish Nellari
 Gopal Puri
 Abhijit Rane
 Sudhir Patil

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India’s Foreign Trade: February,


2009
A. EXPORTS (including re-exports) 
re-exports
 Exports during February, 2008-09 were
valued at US $ 11913 million which was 21.7
% lower than the level of US $ 15221 million
during February, 2008.
 In rupee terms, exports touched Rs. 58685
crores, which was 3% lower than the value of
exports during February, 2007-08.
 Cumulative value of exports for the period
April- February, 2008-09 was US$ 156597
million (Rs.705231 crore) as against US$
145878 million (Rs. 586233) registering a
growth of 7.3% in Dollar terms & 20.3% in
Rupee terms over the same period last year. 
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Source : http://www.indianstat.com/foreigntrade
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Continued..
B. IMPORTS 
 Imports during February, 2008-09 were
valued at US $ 16823 million representing a
decrease of 23.3% over the level of imports
valued at US $ 21934 million in February,
2007-08.
 In Rupee terms, imports decreased by 4.9%.
 Cumulative value of imports for the period
April- February, 2008-09 was US$ 271687
million (Rs. 1223213 crores) as against US$
228081 million (Rs. 917179 crores)
registering a growth of 19.1% in Dollar terms
and 33.4% in Rupee terms over the same
period last year. 
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Continued…
C. CRUDE OIL AND NON-OIL IMPORTS:            
 Oil imports during February, 2008-09 were valued at US $
4047 million which was 47.5 % lower than oil imports valued
at US $ 7713 million in the corresponding period last year.
 Oil imports during April- February, 2008-09 were valued at
US$ 89684 million which was 26.8 % higher than the oil
imports of US$ 70704 million in the corresponding period last
year.  
   
 Non-oil imports during February, 2008-09 were estimated at
US $ 12776 million which was 10.2 % lower than non-oil
imports of US$ 14222 million in February, 2007-08.
 Non-oil imports during April- February, 2009 were valued at
US$ 182003 million which was 15.6 % higher than the level of
such imports valued at US$ 157376 million in April- February,
2007-08.      
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Continued…
D. TRADE BALANCE 
            The trade deficit for April- February, 2008-
09 was estimated at US $ 115090 million which
was higher than the deficit at US $ 82203 million
during April- February, 2007-08. 

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Source : http://exim.indiamart.com/foreign-trade-policy
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Source : http://exim.indiamart.com/foreign-trade-policy
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Interim EXIM Policy 2009 - 10 Highlights


 Trade facilitation measures (Supplement to
Foreign Trade Policy 04-09) announced on
26th February, 2009.

 FTP Benefits Without BRC


 Additional Benefits Under Promotional
Schemes
 Gems & Jewellery Sector
 Advance Authorization
 DEPB Scheme
 EPCG Scheme
 Premier Trading Houses
 Towns Of Export Excellence
 Other Facilitation Measures
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India’s Exports
 India export data is based on shipping bills
filed at Indian customs at the time of
export clearance. This data includes:
 Date of shipment,
 Item Description,
 Quantity,
 Units,
 FOB value,
 Foreign port and buyer name & country,
 Indian port & Indian Exporter name.

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Major Items of Exports


• Live Animals • Medicines
• Dairy products • Iron ores
• Tea, coffee, spices • Beverages & liquor
• Grains • Jewellery
• Herbal extracts • Gem stones
• Tobacco • Handicrafts
• Stone • Wooden furniture
• Drugs, dyes & pigments • Engineering products
• Chemical & fertilizers • Surgical & laboratory
• Leather instruments
• Cosmetics • Readymade garments,
etc.
• Rubber items
• Silk, cotton yarns
• Sandal
• Ceramics
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India Imports
 India import data is based on Bill of entry
at Indian customs at the time of Import
clearance. Indian import data includes:
• Date of clearance
• Item description
• Quantity
• Units
• CIF value
• Foreign country exporter name
• Indian port & Importer name.

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Major Items of Imports


• Palm oils • Electrical
• Inorganic chemicals appliances
& compounds • Home appliances
• Organic chemicals • Used machines
• Leather chemicals • Computer parts &
• Timber logs peripherals
• Printing paper • Mobile phones
• Types of fibres • Toys, etc.
• Steel scraps
• Tungsten
• Industrial tools
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Contribution of
specific goods to
the Total Exports
of the country
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Source : http://commerce.nic.in/
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Contribution to total Exports 2007


– 2008.

Source : http://commerce.nic.in/
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Exports to Romania

Source : http://commerce.nic.in/ & www.ficci.com


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Exports by Principal
Commodities

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Continued…( in Dollars)

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Leather
Industry
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Industry at a Glance
 The Indian leather Industry occupies a place of prominence in
the Indian economy in view of its substantial export earnings,
employment generation and growth.
 There has been increasing emphasis on its planned
development, aimed at optimum utilization of available raw
material for maximizing the returns particularly from exports. 
 The export of leather and leather products increased manifold
over the past decades. The export increased from Rs. 290 mn
in 1956-57 and from Rs. 30760 mn in 1991-92 to Rs.
140007.33 mn in 2007-08.
 Today the industry ranks 8th in the export trade in terms of
foreign exchange earnings of the country. 
 India accounts for a share of 2.62% in the global leather trade
during 2006. With the exclusion of non-leather footwear, this
is slightly higher at 3.41%.

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Continued….
The Indian leather industry is organised as follows:
• Tanning & finishing
• Footwear & Footwear Components
• Leather Garments
• Leather Goods (bags, wallets, belts, gloves, accessories)
• Saddler and harness articles

Major production centres:


• Tamil Nadu - Chennai, Ambur, Ranipet, Vaniyambadi, Trichy, Dindigul
• West Bengal – Kolkata
• Uttar Pradesh – Kanpur, Agra & Noida
• Maharashtra - Mumbai
• Punjab - Jalandhar
• Karnataka – Bangalore
• Andhra Pradesh - Hyderabad
• Haryana  - Ambala, Gurgaon, Panchkula and Karnal
• Delhi. 
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Continued…
Strengths of Indian leather sector:
 Own raw material source – 2 billion sq ft of leather produced
annually
 Some varieties of goat / calf / sheep skins command premium
position
 Strong and eco-sustainable tanning base
 Modernized manufacturing units
 Trained / skilled manpower at competitive wage levels
 World-class institutional support for Human Resources Development
and R & D activities   
 Presence of support industries like leather chemicals and finishing
auxiliaries 
 Presence in major markets – Long Europe experience
 Preferred sourcing by several international brands – Pierre Cardin,
Versace, NEXT, Hugo Boss, Tommy Hilfiger, DKNY, Guess etc
 Strategic location in the Asian landmass
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Imports Scenario

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Export scenario for the last 5


years

Source: www.leatherindia.org
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Region wise export performance


(2007-2008)

Source: www.leatherindia.org
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% Share of Leather Products in Export
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Performance (2007-08)

©Source: www.leatherindia.org
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Country-wise Export Performance
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(2007-08)

©Source: www.leatherindia.org
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