THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY
(SHRI C. R. CHAUDHARY)
(a): India’s merchandise exports have increased since 2016-17. During the current period 2018-19 (Apr-June), India’s exports registered a high positive growth of 14.21% as compared to the corresponding period of previous year. The details of India’s exports for last three years and the current year are as follows:
Years Value of Export (in US$ billions) % Change
2015-16 262.29 -15.49
2016-17 275.85 5.17
2017-18 303.38 9.98
2017-18 (Apr-June) 72.21 --
2018-19 (Apr-June)* 82.47 14.21
Source: DGCI&S, Kolkata (*: Quick Estimates)
The details of India’s export to top 25 countries/SAR for last three years and the current year are given as follows:
(Value in US$ millions)
S.No. Country 2015-16 2016-17 2017-18 2017-18 (Apr-May) 2018-19 (Apr-May)* % Growth rate in 2018-19 (Apr-May) over 2017-18 (Apr-May)
1 U S A 40340.03 42216.48 47882.55 7,762.82 8,737.00 12.55
2 U Arab Emts 30316.50 31175.50 28145.64 5,966.78 6,116.79 2.51
3 China P RP 9014.55 10172.41 13337.67 1,737.97 2,644.77 52.18
4 Hong Kong 12092.28 14047.24 14690.27 2,885.63 1,875.23 -35.01
5 Singapore 7719.97 9564.67 10202.24 1,420.73 1,831.69 28.93
6 Netherland 4727.39 5071.22 6263.27 702.82 1,556.32 121.44
7 Germany 7094.55 7183.86 8689.24 1,310.48 1,468.17 12.03
8 U K 8857.77 8551.14 9712.59 1,462.31 1,453.40 -0.61
9 Bangladesh PR 6034.96 6820.13 8460.34 1,279.47 1,419.49 10.94
10 Nepal 3902.70 5453.59 6597.09 964.72 1,297.21 34.46
11 Belgium 5027.65 5656.92 6206.92 939.32 1,244.88 32.53
12 Vietnam Soc Rep 5265.99 6786.56 7813.08 974.43 1,220.98 25.30
13 Turkey 4140.01 4626.59 5090.70 807.06 1,077.12 33.46
14 Saudi Arab 6381.72 5110.28 5410.70 860.53 971.79 12.93
15 Italy 4218.21 4902.70 5710.27 1,020.58 933.77 -8.51
16 Malaysia 3706.88 5224.88 5700.12 752.18 921.05 22.45
17 South Africa 3588.08 3545.97 3825.22 627.74 873.12 39.09
18 France 4633.77 5250.27 4901.61 811.71 844.17 4.00
19 Korea Rp 3524.51 4242.56 4462.14 868.45 811.08 -6.61
20 Japan 4663.09 3845.82 4734.75 663.87 726.80 9.48
21 Indonesia 2819.49 3488.16 3965.56 568.77 713.38 25.43
22 Mexico 2865.13 3460.98 3782.79 651.66 706.82 8.46
23 Thailand 2987.86 3133.44 3653.66 550.51 685.37 24.50
24 Spain 3237.46 3426.13 3996.15 676.69 684.62 1.17
25 Sri Lanka DSR 5310.75 3913.15 4476.33 612.58 676.27 10.40
Total export to above 192471.27 206870.66 227710.90 36,879.81 41521.57 12.59
% Share of above 73.38 74.99 75.06 76.00 75.71 --
India’s total export 262291.09 275852.43 303376.22 48,524.60 54841.29 13.02
Source: DGCI&S, Kolkata (*: Provisional)
The sector-wise India’s export for last three years and the current year are given as follows:
(Value in US$ millions)
S. No. Sectors 2015-16 2016-17 2017-18 2017-18 (Apr-May) 2018-19 (Apr-May)* % Growth rate in 2018-19 (Apr-May) over 2017-18 (Apr-May)
1 Engineering Goods 61949.53 67216.12 78706.35 12297.66 14368.75 16.84
2 Petroleum Products 30582.64 31545.26 37456.65 5274.95 8112.03 53.78
3 Gems And Jewellery 39284.27 43412.76 41544.45 7910.19 6972.77 -11.85
4 Organic & Inorganic Chemicals 13696.98 14476.86 18497.62 2542.03 3521.96 38.55
5 Drugs And Pharmaceuticals 16909.49 16785.00 17282.44 2502.48 2988.42 19.42
6 RMG of all Textiles 16964.36 17368.15 16706.75 3353.18 2686.69 -19.88
7 Cotton Yarn/Fabs./Madeups, Handloom Products Etc. 10119.36 9862.20 10257.65 1533.28 1841.11 20.08
8 Rice 5846.62 5733.79 7733.87 1222.48 1420.45 16.19
9 Plastic And Linoleum 5764.18 5796.46 6850.86 1015.96 1358.74 33.74
10 Electronic Goods 5959.52 5962.93 6393.93 1014.31 1159.88 14.35
11 Marine Products 4767.51 5903.06 7387.72 1032.66 1062.23 2.86
12 Man-Made Yarn/Fabs./Madeups 4621.66 4557.08 4826.35 781.01 837.28 7.21
13 Leather And Leather Manufactures 5407.84 5165.60 5288.93 821.92 816.78 -0.63
14 Meat, Dairy & Poultry Products 4575.47 4368.79 4610.08 616.60 707.18 14.69
15 Mica, Coal And Other Ores, Minerals Including Process 3656.04 3578.16 3775.04 663.64 700.86 5.61
16 Spices 2541.46 2851.95 3105.93 534.71 556.71 4.11
17 Fruits And Vegetables 2268.81 2454.72 2450.00 418.03 399.68 -4.39
18 Ceramic Products & Glassware 1712.05 1856.63 2131.35 346.34 392.66 13.37
19 Handicrafts Excl. Hand Made Carpet 1648.00 1926.75 1822.54 295.99 286.00 -3.38
20 Cereal Preparations And Miscellaneous Processed Item 1319.75 1270.85 1416.81 221.96 241.60 8.85
21 Carpet 1440.07 1490.19 1429.76 241.36 233.47 -3.27
22 Oil Seeds 1246.89 1355.23 1174.34 171.09 183.42 7.21
23 Oil Meals 553.01 805.45 1089.88 173.25 176.42 1.83
24 Iron Ore 191.46 1533.53 1471.06 279.38 171.72 -38.54
25 Coffee 783.87 842.84 968.57 179.01 169.31 -5.41
26 Tobacco 982.01 958.69 934.23 155.78 153.83 -1.25
27 Tea 720.03 731.26 837.33 99.36 104.51 5.18
28 Cashew 768.55 786.93 922.41 160.59 98.14 -38.89
29 Other Cereals 261.18 212.30 248.26 28.25 74.92 165.23
30 Jute Mfg. Including Floor Covering 295.36 309.95 335.08 51.32 49.20 -4.12
31 Others 15453.12 14732.96 15719.96 2585.84 2994.53 15.80
India’s total export 262291.09 275852.43 303376.22 48524.60 54841.29 13.02
Source: DGCI&S, Kolkata (*: Provisional)
(b) & (c): The 3rd meeting of Council for Trade Development & Promotion was held on 8th January, 2018 in New Delhi under the Chairmanship of Hon’ble Commerce & Industry Minister in which representative from 28 states and 4 UTs participated, including 13 Ministers. The State/UT representatives articulated their perspective on the trade policy, the need for creating more awareness about export related issues and resolved to jointly address impediments in trade which affect India’s exports. The major issues discussed were promoting services exports, organic farming, value addition to agricultural products including facilitation for branding, promotion, packing and developing post-harvest infrastructure for agri-horticultural product exports, facilitation to exporters and creation of export infrastructure at the borders. As per Foreign Trade Policy 2015-20, the Government aims to increase India’s exports of merchandise and services from US$ 465.9 billions to approximately US$ 900 billions by 2019-20 and to raise India’s share in world exports (Goods and Services) from 2% to 3.5%.
(d): Small and medium exporters are experiencing teething problems while coping up with the new tax regime i.e. GST. Further, limited exposure of the MSMEs to the seminar/workshops in small cities adds to the problem. The Government has taken several measures to address the problems. Specialized training programme on packaging for exports for MSE units are organized through its field offices i.e. MSME-DIs, in collaboration with Indian Institute of Packaging (IIP), Mumbai and other such institutions. The main objective of the programme is to impart training to MSMEs/Exporters on packaging technology, scientific packaging techniques, latest designs of packaging, improving their packaging standards and overall appearance, durability, value of products and highlighting the importance of packaging in marketing. 17 MSEs have been nominated to participate in various International Trade Fairs in different countries and provide subsidies to the tune of around Rs. 24 lakhs during the year 2017-18 to explore export opportunities of their products. 75 SME export-units have been trained in GST in association with O/o the Commissioner of Commercial Taxes, Govt. of West Bengal to make them aware of the GST obligations in exporting their products.
(e): In order to boost India’s exports, the Government announced a major relief package for exporters in October 2017 by extending the Advance Authorization (AA)/ Export Promotion of Capital Goods (EPCG)/ 100% EOU schemes to sourcing inputs etc. from abroad as well as domestic suppliers. During the mid-term review of Foreign Trade Policy in December 2017, export incentives under Merchandise Exports from India Scheme (MEIS) have been increased by 2% for labour intensive and MSME sectors leading to additional annual incentive of Rs 4,567 crore. This was in addition to already announced increasein MEIS incentives from 2% to 4% for Ready-made Garments and Made Ups in the labour intensive Textiles Sector with an additional annual incentive of Rs 2,743 crore. Further, incentives under Services Exports from India Scheme (SEIS) have also been increased by 2% leading to additional annual incentive of Rs 1,140 crore.
The following steps have been taken to make the process of availing the benefits of these schemes simpler:
a) Processing of MEIS applications has been made based on HS Codes only, except for a few items.
b) The MEIS schedule has been harmonized with the ITC HS 2017.
c) The free of cost exports value limit has been increased to Rs 1 Crore and for pharma exports, the limit has been raised to 8% of total exports, if supplied to certain organizations such as Pan American Health Organization (PAHO) etc.
d) The validity of scrips under Chapter 3 has been increased to 24 months from 18 months.
e) As part of the “Ease of Doing Business” initiatives, the Government has launched Single Window Interface for Facilitating Trade (SWIFT) clearances project w.e.f 1st April, 2016. The scheme enables the importers/exporters to file a common electronic ‘Integrated Declaration’ on the Indian Customs Electronic Commerce/Electronic Data Interchange (EC/EDI) Gateway i.e. ICEGATE portal. The Integrated Declaration compiles the information requirements of Customs, FSSAI, Plant Quarantine, Animal Quarantine, Drug Controller, Wild Life Control Bureau and Textile Committee. It replaces nine separate forms required by these 6 different agencies and Customs.
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