Indian Retail Sector

Top 25 commodity Imported by India in FY 2016-17

India saw an increase in import bill by 3.5% in FY 2016-17 over previous year. In 2015-16 India’s import bill was 2,490,298.08 crore rupees which increased to Rs. 2,577,421.65 in 2016-17. Top 25 commodity contributed 91% of total import bill.

Import Export 2016-17
Import Export 2016-17

India’s import bill increased due to Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes, Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts, Aircraft, Spacecraft, And Parts Thereof, Ships, Boats And Floating Structures, Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard.

India dependency on fuel is not coming down, in FY 2016-17 it increased 9.38% besides fuel pricing being lowest.

Important : All Figures are in Rs Lacs in Table.

S.No. Commodity 2015-2016 %Share 2016-2017 %Share %Growth
1 Mineral Fuels, Mineral Oils And Products Of Their Distillation; Bituminous Substances; Mineral Waxes. 63,202,188.50 25.3794 69,127,976.88 26.8206 9.38
2 Natural Or Cultured Pearls,Precious Or Semiprecious Stones,Pre.Metals,Clad With Pre.Metal And Artcls Thereof;Imit.Jewlry;Coin. 36,948,050.48 14.8368 36,026,228.83 13.9776 -2.49
3 Electrical Machinery And Equipment And Parts Thereof; Sound Recorders And Reproducers, Television Image And Sound Recorders And Reproducers,And Parts. 23,558,683.02 9.4602 25,869,628.81 10.037 9.81
4 Nuclear Reactors, Boilers, Machinery And Mechanical Appliances; Parts Thereof. 21,542,902.36 8.6507 21,531,458.78 8.3539 -0.05
5 Organic Chemicals 10,198,608.75 4.0953 10,379,791.07 4.0272 1.78
6 Plastic And Articles Thereof. 7,456,628.39 2.9943 7,757,755.71 3.0099 4.04
7 Animal Or Vegetable Fats And Oils And Their Cleavage Products; Pre. Edible Fats; Animal Or Vegetable Waxex. 6,892,713.95 2.7678 7,340,691.66 2.8481 6.5
8 Aircraft, Spacecraft, And Parts Thereof. 3,257,767.09 1.3082 5,644,531.08 2.19 73.26
9 Iron And Steel 7,355,789.06 2.9538 5,527,757.41 2.1447 -24.85
10 Optical, Photographic Cinematographic Measuring, Checking Precision, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof; 4,758,125.99 1.9107 4,962,411.79 1.9253 4.29
11 Miscellaneous Goods. 5,015,759.63 2.0141 4,733,162.09 1.8364 -5.63
12 Ships, Boats And Floating Structures. 2,971,658.12 1.1933 3,805,801.59 1.4766 28.07
13 Inorganic Chemicals; Organic Or Inorganic Compounds Of Precious Metals, Of Rare-Earth Metals, Or Radi. Elem. Or Of Isotopes. 3,316,958.03 1.332 3,172,445.48 1.2309 -4.36
14 Vehicles Other Than Railway Or Tramway Rolling Stock, And Parts And Accessories Thereof. 3,264,217.63 1.3108 3,165,315.08 1.2281 -3.03
15 Miscellaneous Chemical Products. 2,720,739.47 1.0925 3,056,692.52 1.1859 12.35
16 Edible Vegetables And Certain Roots And Tubers. 2,640,929.37 1.0605 2,881,312.01 1.1179 9.1
17 Fertilisers. 4,597,310.59 1.8461 2,875,418.65 1.1156 -37.45
18 Ores, Slag And Ash. 3,529,660.27 1.4174 2,869,389.32 1.1133 -18.71
19 Aluminium And Articles Thereof. 2,241,930.43 0.9003 2,332,594.62 0.905 4.04
20 Articles Of Iron Or Steel 2,451,977.64 0.9846 2,326,062.46 0.9025 -5.14
21 Copper And Articles Thereof. 2,150,765.79 0.8637 2,270,885.29 0.8811 5.58
22 Edible Fruit And Nuts; Peel Or Citrus Fruit Or Melons. 1,988,399.14 0.7985 2,035,952.74 0.7899 2.39
23 Rubber And Articles Thereof. 1,906,467.85 0.7656 1,950,048.70 0.7566 2.29
24 Paper And Paperboard; Articles Of Paper Pulp, Of Paper Or Of Paperboard. 1,620,457.31 0.6507 1,816,294.41 0.7047 12.09
25 Salt; Sulphur; Earths And Stone; Plastering Materials, Lime And Cement. 1,684,673.99 0.6765 1,458,881.40 0.566 -13.4

 

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