Exports decline by 1.1% in October 2017

Record a fall after 14 months of increase

by Janaki Samant

In October 2017 exports declined by 1.1 per cent to USD 23.1 billion, as per the merchandise trade data released by the ministry of commerce. The decline in October came after 14 months of continuous rise in exports. Decline in exports of gems & jewellery and readymade garments contributed to the fall in overall exports. Gems and jewellery exports declined by 24.5 per cent whereas exports of readymade garments dropped by 39.2 per cent.

Increase in exports of items like petroleum products (14.7 per cent), organic & inorganic chemicals (22.3 per cent), engineering goods (11.8 per cent) arrested a further decline in total exports.

Imports increased by 7.6 per cent to USD 37.1 billion in October 2017. POL imports increased by 27.9 per cent to USD 9.3 billion whereas non-POL imports increased by 2.2 per cent to USD 27.8 billion. Imports of electronic goods increased by seven per cent, electrical and non-electrical machinery by 17.4 per cent, coal, coke and briquettes by 66.3 per cent and that of organic & inorganic chemicals increased by 30.5 per cent in October 2017.

Trade deficit expanded to USD 14 billion in October 2017 from USD 11 billion in October 2016.

References
1. http://commerce.gov.in/writereaddata/UploadedFile/MOC_636462761671049342_PRESS_RELEASE_Oct_2017.pdf
2. http://commerce.gov.in/writereaddata/UploadedFile/MOC_636462759644224030_QUICK_ESTIMATES_Oct_2017.pdf
CMIE STATISTICS
Unemployment Rate
Per cent
5.5 -0.2
Consumer Sentiments Index
Base September-December 2015
95.8 0.0
Consumer Expectations Index
Base September-December 2015
93.9 0.0
Current Economic Conditions Index
Base September-December 2015
98.7 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.33 3.79 2.06 0.99
Completed projects 1.01 1.94 1.14 0.99
Stalled projects 1.13 0.70 2.66 0.64
Revived projects 0.18 0.67 0.30 0.22
Implementation stalled projects 0.82 0.33 0.67 0.61
Updated on: 20 Nov 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Dec 16 Mar 17 Jun 17 Sep 17
All listed Companies
 Income 6.2 10.2 9.9 8.6
 Expenses 6.3 11.9 10.1 9.9
 Net profit 40.3 15.7 -19.1 -17.8
 PAT margin (%) 6.1 6.0 5.4 6.0
 Count of Cos. 4,507 4,438 4,288 2,730
Non-financial Companies
 Income 5.9 11.8 10.6 8.6
 Expenses 7.2 15.6 10.8 8.6
 Net profit 24.5 -2.5 -24.4 -4.9
 PAT margin (%) 6.2 6.2 5.3 6.9
 Net fixed assets 6.9 10.0
 Current assets 2.6 2.1
 Current liabilities 8.8 9.9
 Borrowings 4.8 4.1
 Reserves & surplus 6.2 8.1
 Count of Cos. 3,488 3,439 3,340 1,994
Numbers are net of P&E
Updated on: 20 Nov 2017 8:29PM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.2 1.1 6.6
 Expenses 9.9 5.2 1.2 6.8
 Net profit -2.2 1.6 -12.9 20.2
 PAT margin (%) 3.2 3.2 2.9 6.5
 Assets 12.3 9.4 9.6 8.8
 Net worth 9.6 8.7 10.3 8.5
 RONW (%) 6.2 6.1 5.1 9.6
 Count of Cos. 23,895 23,579 20,184 3,629
Non-financial Companies
 Income 9.7 4.3 0.1 6.5
 Expenses 9.3 4.5 -0.6 7.4
 Net profit -2.7 -5.5 11.5 14.3
 PAT margin (%) 2.2 2.1 2.6 6.5
 Net fixed assets 11.6 13.4 15.1 7.3
 Net worth 8.2 7.1 10.6 7.2
 RONW (%) 5.1 4.9 5.4 11.0
 Debt / Equity (times) 1.1 1.1 1.1 0.6
 Interest cover (times) 2.0 1.9 2.0 3.7
 Net working capital cycle (days) 69 67 66 50
 Count of Cos. 19,154 19,053 16,707 2,782
Numbers are net of P&E
Updated on: 15 Nov 2017 2:29PM

Data added for HPI at Assessment prices and HPI at Market prices