SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Trade deficit narrows but exports contracts by 20.2% in May

16 Jun 2015 Evaluate

In a mixed economic development, while the Indian trade deficit narrowed to $10.4 billion in May against $11.2 billion in the same month a year ago,  the country's merchandise exports declining for the sixth straight month shrank 20.2 percent to $22.35 billion in May, dragged down by a slump in global demand. The trade deficit for April-May, 2015-16 was estimated at $ 21398.54 million which was higher than the deficit of $ 21320.69 million during April-May, 2014-15.

As per the government data, exports during May, 2015 were valued at $22346.75 million which was 20.19 per cent lower in Dollar terms than the level of $27998.50 million and in rupee terms stood at Rs 142572.92 crore, 14.14 per cent lower compared to Rs 166045.09 crore during May, 2014.Cumulative value of exports for the period April-May 2015-16 was $ 44401.47 million as against $53632.58 million, while in rupee term it stood at  Rs 280973.36 crore compared to Rs 320763.69 crore, registering a negative growth of 17.21 per cent in Dollar terms and 12.40 per cent in Rupee terms over the same period last year.

The imports also fell 16.5 percent to $32.8 billion in May, valued at $32752.99, 16.52 per cent lower against $39233.24 million. In Rupee terms the level of imports valued at Rs.208965.06 crore, 10.19 per cent lower compared to Rs. 232672.72 crore in May, 2014. Cumulative value of imports for the period April-May 2015-16 was $65800.01 million as against $ 74953.27 million, while in rupee terms it was Rs 416345.69 crore against Rs 448266.65 crore, registering a negative growth of 12.21 per cent in Dollar terms and 7.12 per cent in Rupee terms over the same period last year.

Oil imports during May, 2015 were valued at $8538.67 million, 40.97  per cent lower than oil imports valued at US $14464.88 million in the corresponding period last year. Oil imports during April-May, 2015-16 were valued at $ 15981.59 million which was 41.76 per cent lower than the oil imports of $ 27442.71 million in the corresponding period last year. Non-oil imports during May, 2015 were estimated at $24214.32 million, 2.24 per cent lower than non-oil imports of $24768.36 million in May, 2014. Non-oil imports during April-May, 2015-16 were valued at $ 49818.42 million which was 4.86 per cent higher than the level of such imports valued at $ 47510.56 million in April-May, 2014-15. The country's gold imports however increased by 10.4 percent to $2.42 billion in May this year.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: