India’s exports decline by 0.66% in March; trade deficit widens to $13.69 billion

16 Apr 2018 Evaluate

Breaking the four months growth momentum, India’s exports fell by 0.66% in the month of March 2018 over the same period in the previous year, as shipments declined, but, the full year exports surpassed $300 billion mark. However, imports rose by 7.15% in March 2018 over the corresponding month of the previous year. Besides, the trade deficit widened to $13.69 billion in March 2018 from $10.65 billion in March 2017, on the back of higher imports, amid concerns over global trade. The overall trade deficit for April-March 2017-18 widened to $87.17 billion as compared to $47.70 billion during April-March 2016-17.

As per the data released by the Commerce Ministry, exports decreased marginally by 0.66% to $29.11 billion in March 2018, as compared to $29.30 billion in the same month a year ago. In Rupee terms, it was down by 1.95% to Rs 189271.16 crore in March 2018, as compared to Rs 193028.91 crore in March 2017. Cumulative value of exports for the period April-March 2017-18 was $302.84 billion as against $275.85 billion, registering a positive growth of 9.78% over the same period last year. In Rupee terms, it was up by 5.56% to Rs 1952168.79 crore from Rs 1849428.76 crore.

Non-petroleum and Non Gems & Jewellery exports in March 2018 were valued at $22.42 billion as against $21.44 billion in March 2017, an increase of 4.60%. Non-petroleum and Non Gems and Jewellery exports during April-March 2017-18 were valued at $222.45 billion as compared to $200.89 billion for the corresponding period in 2016-17, an increase of 10.73%.

Imports during March 2018, increased by 7.15% to $42.80 billion as compared to $39.95 billion in March 2017, while in rupee terms it was up by 5.75% to Rs 278296.95 crore from Rs 263155.49 crore in March 2017. Cumulative value of imports for the period April-March 2017-18 was $459.67 billion as against $384.36 billion, registering a positive growth of 19.59% over the same period last year. In rupee terms, it was Rs 2962897.70 crore, up by 14.94% from Rs 2577665.59 crore in the same period last year.

Oil imports during March 2018 were valued at $11.11 billion which was 13.92% higher than oil imports valued at $9.75 billion in March 2017. Oil imports during April-March 2017-18 were valued at $109.11 billion which was 25.47% higher than the oil imports of $86.96 billion in the corresponding period last year. Non-oil imports during March 2018 were estimated at $31.69 billion which was 4.96% higher than non-oil imports of $30.20 billion in March 2017. Non-oil imports during April-March 2017-18 were valued at $350.56 billion which was 17.88% higher than the level of such imports valued at $297.39 billion in April-March, 2016-17.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

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

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

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

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.