EXPORT PERFORMANCE MONITOR

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1 India s Exports Recorded High Growth Provisional figures available for April, 2007 show that India s merchandise exports during April 2007 are valued at US $ million ($ billion) which is % higher than the level of US $ million ($ 8.59 billion) during April, In rupee terms, the exports were Rs crores, which is 15.39% higher than the value of exports during April, (Source: Ministry of Commerce, Press Release) Engineering Exports Registered a Record Growth According to the provisional data available from DGCI&S up to December 2006, India s export of engineering goods have posted a strong growth of % during April- December in comparison to the same period in the previous fiscal. The provisional data indicate that exports of engineering goods from India have reached USD million up to December In the month of December 2006 exports of engineering goods were to the tune of USD million which is % higher than USD million during the same period last year. In rupee terms India s export of engineering goods are valued at Rs Crore during April-December which is % higher than the value of export of Rs Crore during April-December Statistics Department, EEPC Head Office June 2007 Release Page 1

2 What s up and what s down in December In comparison to cumulative export performance in April - December What's UP:,,, Primary & semi-finished iron & steel,,, Ferro alloys, What's Down: Mica, Machine tools Monthly Export performance of Principal Commodities and Services for Dec 2006 (Figure in USD million) Principal Commodity/Service Cumulative Export APR- DEC % Change over APR- DEC %Change in DEC 06 Over NOV 06 %Change in DEC 06 over DEC Primary & semi-finished iron & steel Aluminium other than products Machine tools Residual engineering items Mica Grand Total Statistics Department, EEPC Head Office June 2007 Release Page 2

3 Top Destinations: APR DEC New entrants in the top 20 list: Oman, Spain, Taiwan Out of the list: Nigeria, France, and Bangladesh Monthly Export performance to Top 20 Destinations for DEC 2006 (Figures in USD million) Importing Country Cumulative Export APR- DEC % Change over APR- DEC Exports DEC 06 Rank APR- DEC Rank APR- DEC %Change NOV 06 overoct 06 %Change DEC 06 overdec05 USA UAE Italy China Saudi Arabia UK Singapore Belgium Germany Sri Lanka South Africa Iran Oman Indonesia Netherlands Korea Republic (South) Thailand Spain Malaysia Taiwan (Taipei) Statistics Department, EEPC Head Office June 2007 Release Page 3

4 Top 5 destinations: Product Performance Destinations Substantial Growth Heavy Decline USA UAE Primary & semi-finished iron & steel Primary & semi-finished iron & steel Mica Machine tools Italy Residual engineering items Primary & semi-finished iron & steel Saudi Arabia China Mica Primary & semi-finished iron & steel Machine tools Statistics Department, EEPC Head Office June 2007 Release Page 4

5 Emerging Destinations 1. Growth in cumulative exports of the period under consideration: more than 50% 2. Exports between 0.5% and 1% of total exports of engineering goods in this period Destinations (Figures in USD million) Cumulative Export April-Dec Cumulative Export April-Dec % GRTH Egypt Kuwait Qatar Statistics Department, EEPC Head Office June 2007 Release Page 5

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