Indian Export has increased in concluded financial year 2016-17, however certain categories registered negative growth in Import Bill. These commodities restricted export bill rise, which was eventually 7.92% higher than financial year 2015-16.
Top 25 commodity with Negative Import growth in FY 2016-17 : India
- Highest de-growth in export is registered in Umbrellas, Sun Umbrellas, Walking-Sticks, Seat-Sticks, Whips,Riding-Crops And Parts, it has de grown by 91.82%. This sharp decline can be attributed to cheap Chinese product available worldwide and as well as in India.
- Tin and articles were second on the list, its exports from 382 croes declined to meagure 72 crores in FY 2016-17.
- Nickle and articles also witnessed a sharp decine and from 3201 crores in 2015-16 it was exported mere for Rs. 611 Crores. it was down by 80.92% in 2016-17.
- Fertilizers were 4 on the list and was decreased 30% as compared to prvious year.
- Wadding, Felt And Nonwovens; Spacial Yarns; Twine, Cordage, Ropes And Cables And Articles were 5th in this list and declined by 29% in FY 2016017
A detailed comprehensive list of top 25 commodities that were de-grown in FY 2016-17 are listed here.
All Values in rs. lacs
| S.No. | Commodity | 2015-2016 | %Share | 2016-2017 | %Share | %Growth |
| 1 | Umbrellas, Sun Umbrellas, Walking-Sticks, Seat-Sticks, Whips,Riding-Crops And Parts Thereof. | 15,297 | 0.01 | 1,251 | 0.00 | -91.82 |
| 2 | Tin And Articles Thereof. | 38,298 | 0.02 | 7,246 | 0.00 | -81.08 |
| 3 | Nickel And Articles Thereof. | 320,733 | 0.19 | 61,197 | 0.03 | -80.92 |
| 4 | Miscellaneous Goods. | 1,285,031 | 0.75 | 283,852 | 0.15 | -77.91 |
| 5 | Fertilisers. | 67,337 | 0.04 | 46,801 | 0.03 | -30.5 |
| 6 | Wadding, Felt And Nonwovens; Spacial Yarns; Twine, Cordage, Ropes And Cables And Articles Thereof. | 333,850 | 0.19 | 236,474 | 0.13 | -29.17 |
| 7 | Pulp Of Wood Or Of Other Fibrous Cellulosic Material; Waste And Scrap Of Paper Or Paperboard. | 7,393 | 0.00 | 5,406 | 0.00 | -26.87 |
| 8 | Products Of The Milling Industry; Malt; Starches; Inulin; Wheat Gluten. | 195,504 | 0.11 | 146,350 | 0.08 | -25.14 |
| 9 | Arms And Ammunition; Parts And Accessories Thereof. | 80,645 | 0.05 | 63,310 | 0.03 | -21.5 |
| 10 | Aircraft, Spacecraft, And Parts Thereof. | 2,420,472 | 1.41 | 2,016,800 | 1.09 | -16.68 |
| 11 | Silk | 68,142 | 0.04 | 58,294 | 0.03 | -14.45 |
| 12 | Cocoa And Cocoa Preparations. | 126,761 | 0.07 | 108,999 | 0.06 | -14.01 |
| 13 | Raw Hides And Skins (Other Than Furskins) And Leather | 685,279 | 0.40 | 596,431 | 0.32 | -12.97 |
| 14 | Sugars And Sugar Confectionery. | 1,160,778 | 0.68 | 1,014,068 | 0.55 | -12.64 |
| 15 | Products Of Animal Origin, Not Elsewhere Specified Or Included. | 60,251 | 0.04 | 53,577 | 0.03 | -11.08 |
| 16 | Dairy Produce; Birds’ Eggs; Natural Honey; Edible Prod. Of Animal Origin, Not Elsewhere Spec. Or Included. | 214,579 | 0.13 | 197,823 | 0.11 | -7.81 |
| 17 | Cotton. | 4,798,344 | 2.80 | 4,457,051 | 2.41 | -7.11 |
| 18 | Wool, Fine Or Coarse Animal Hair, Horsehair Yarn And Woven Fabric. | 116,601 | 0.07 | 108,367 | 0.06 | -7.06 |
| 19 | Wood And Articles Of Wood; Wood Charcoal. | 291,194 | 0.17 | 271,222 | 0.15 | -6.86 |
| 20 | Clocks And Watches And Parts Thereof. | 63,780 | 0.04 | 59,670 | 0.03 | -6.44 |
| 21 | Glass And Glassware. | 459,399 | 0.27 | 440,486 | 0.24 | -4.12 |
| 22 | Project Goods; Some Special Uses. | 46,721 | 0.03 | 44,870 | 0.02 | -3.96 |
| 23 | Meat And Edible Meat Offal. | 2,760,392 | 1.61 | 2,720,919 | 1.47 | -1.43 |
| 24 | Articles Of Iron Or Steel | 4,025,164 | 2.35 | 3,979,155 | 2.15 | -1.14 |
| 25 | Cereals. | 4,096,626 | 2.39 | 4,062,456 | 2.19 | -0.83 |
