Indian Retail Sector

Top 25 commodity with Negative Import growth in FY 2016-17 : India

Indian import has increased in concluded financial year 2016-17, however certain categories registered negative growth in Import Bill. These commodities help to check import bill rise, which was eventually 3.5% higher than previous year.

Import Export 2016-17
Import Export 2016-17

Fertilizers top this list with 37% de-growth in import. Its contribution in import bill falled to 1.1% than 1.8% in FY 2015-16.

Fertilizers were closely followed by Nickel and articles which saw 36.68 % De-growth in import bill.

Ceramic products were third in this list with 32.7% DE-growth in financial year 2016-17.

Also Read, Top 25 commodity with Negative Import growth in FY 2017-18

Top 25 commodity that registered highest de-growth in imports are listed here.

All value in rs. lacs

S.No. Commodity 2015-2016 %Share 2016-2017 %Share %Growth
1 Fertilizers. 4,597,310.59 1.8461 2,875,418.65 1.1156 -37.45
2 Nickel And Articles Thereof. 585,615.06 0.2352 370,807.90 0.1439 -36.68
3 Ceramic Products. 464,943.28 0.1867 312,914.13 0.1214 -32.7
4 Dairy Produce; Birds’ Eggs; Natural Honey; Edible Prod. Of Animal Origin, Not Elsewhere Spec. Or Included. 34,045.17 0.0137 24,382.62 0.0095 -28.38
5 Iron And Steel 7,355,789.06 2.9538 5,527,757.41 2.1447 -24.85
6 Railway Or Tramway Locomotives, Rolling-Stock And Parts Thereof; Railway Or Tramway Track Fixtures And Fittings And Parts Thereof; Mechanical 326,854.56 0.1313 245,823.84 0.0954 -24.79
7 Project Goods; Some Special Uses. 1,823,527.33 0.7323 1,401,404.14 0.5437 -23.15
8 Other Made Up Textile Articles; Sets; Worn Clothing And Worn Textile Articles; Rags 360,434.57 0.1447 289,020.04 0.1121 -19.81
9 Ores, Slag And Ash. 3,529,660.27 1.4174 2,869,389.32 1.1133 -18.71
10 Printed Bookds, Newspapers, Pictures And Other Products Of The Printing Industry; Manuscripts, Typescripts And Plans. 228,815.73 0.0919 186,296.61 0.0723 -18.58
11 Photographic Or Cinematographic Goods. 153,916.67 0.0618 129,024.97 0.0501 -16.17
12 Wood And Articles Of Wood; Wood Charcoal. 1,550,233.97 0.6225 1,340,332.76 0.52 -13.54
13 Salt; Sulphur; Earths And Stone; Plastering Materials, Lime And Cement. 1,684,673.99 0.6765 1,458,881.40 0.566 -13.4
14 Man-Made Staple Fibres. 440,054.37 0.1767 382,649.13 0.1485 -13.05
15 Fish And Crustaceans, Molluscs And Other Aquatic Invertabrates. 44,151.88 0.0177 39,524.15 0.0153 -10.48
16 Wool, Fine Or Coarse Animal Hair, Horsehair Yarn And Woven Fabric. 236,878.90 0.0951 217,309.59 0.0843 -8.26
17 Tin And Articles Thereof. 127,367.92 0.0511 117,149.66 0.0455 -8.02
18 Tobacco And Manufactured Tobacco Substitutes. 33,121.57 0.0133 30,575.47 0.0119 -7.69
19 Other Vegetable Textile Fibres; Paper Yarn And Woven Fabrics Of Paper Yarn. 243,400.92 0.0977 228,400.08 0.0886 -6.16
20 Tools Implements, Cutlery, Spoons And Forks, Of Base Metal; Parts Thereof Of Base Metal. 589,078.33 0.2365 554,477.32 0.2151 -5.87
21 Umbrellas, Sun Umbrellas, Walking-Sticks, Seat-Sticks, Whips,Riding-Crops And Parts Thereof. 17,309.86 0.007 16,296.70 0.0063 -5.85
22 Special Woven Fabrics; Tufted Textile Fabrics; Lace; Tapestries; Trimmings; Embroidery. 130,653.87 0.0525 123,050.60 0.0477 -5.82
23 Miscellaneous Goods. 5,015,759.63 2.0141 4,733,162.09 1.8364 -5.63
24 Carpets And Other Textile Floor Coverings. 60,855.21 0.0244 57,451.74 0.0223 -5.59
25 Articles Of Iron Or Steel 2,451,977.64 0.9846 2,326,062.46 0.9025 -5.14

 

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