Exports during October 2017 are valued at US$ 23098.18 million as compared to US$ 23360.61 million during October,2016, a decline of 1.12 percent in dollar terms. During October 2017, Major commodity groups of export showing positive growth over the corresponding month of last year are Engineering Goods(11.77%), Petroleum Products(14.74%), Organic & Inorganic Chemicals(22.29%), Cotton Yarn/Fabs./made-ups, Handloom Products etc. (4.83%),Marine Products (8.52%) and Plastic & Linoleum (24.46%) .

Non-petroleum and Non Gems &Jewellery exports in October 2017 were valued at US$ 16604.63 million as against US$ 16202.27 million in October 2016, an increase of 2.48%.

Imports during October 2017 were valued at US$ 37117.01 million (Rs 241562.31 crore) which was 7.60 per cent higher in Dollar terms. Major commodity groups of import showing high growth in October 2017 over the corresponding month of last year are Petroleum, Crude & products(27.89%),Electronic goods(7.04%),Machinery, electrical & non-electrical(17.43%), Coal, Coke & Briquettes, etc.(66.28%) and Organic & Inorganic Chemicals (30.49%).

India’s exports to China registered a sharp increase of over 53 per cent year-on-year to reach USD 1.24 billion in October 2017. The trade deficit for October stood at USD 3.86 billion which means still import is major trade with China.

Despite the strains in the bilateral ties, India-China trade increased by 13.56 per cent year-on-year to reach USD 6.33 billion in October. The major products exported are natural pearls, precious stones and precious metals, organic chemicals, copper and articles, cotton, including yarn and woven fabric, ores, slag and ash.