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IMPORT OF SENSITIVE ITEMS DURING APRIL-JULY 2004 DECLINES BY 22%

Date : 16 Sep 2004
Location : New Delhi
 
The total import of 300 sensitive tariff lines for the period April-July 2004 has been Rs 4,606 crore as compared to Rs 5,913 crore during the corresponding period of last year thereby showing a negative growth of 22%. The gross import of all commodities during same period of the current year was Rs 1,37,720 crore as compared to Rs 1,06,907 crore during the same period of last year. Thus import of 300 sensitive items constitute only 3.3% and 5.5% of the gross imports during current year and last year respectively. The major item that has contributed significantly to the decline in imports is crude palm oil and its fractions.

Imports of edible oil and cotton & silk have shown a decline at broad group level during the period. Imports of fruits & vegetables, tea & coffee, spices, rubber, marble & granite, automobiles, and products of SSI have shown an increase during the period under reference.

In the edible oil section, the imports has gone down from Rs 4,143 crore last year to Rs 2,857 crore this year. A significant feature of edible oil import is that import of crude oil has gone down by 47%, and that of refined palm oil & palmolein gone up by 87%. The drastic reduction in edible oil import is mainly due to a huge reduction in import of crude palm oil, which has gone down by 58%. Import of Soya bean crude oil has also gone down significantly.

Imports of sensitive items from Benin, China P RP, Cote D’ Ivoire, Egypt A RP, Guinea Bissau, Germany, Ghana, Japan, Korea RP, Romania, Russia, Sri Lanka, United Kingdom, Ukraine etc. have gone up while those from Argentina, Brazil, Indonesia, Malaysia, Thailand and United States of America etc. have shown a decrease.

IMPORT OF SENSITIVE ITEMS-PROVISIONAL ESTIMATES

(Value in Rs Crore)

 

Sr. No. Commodity Group No. of Tariff Lines Weights w.r.t. total sensitive items Value of Import (Rs Crore) Difference (Rs Crore) (Col. 7 -Col. 6) Growth
      Upto July 2003 Upto July 2004 Upto July 2003 Upto July 2004  
1 2 3 4 5 6 7 8 9
1 Milk & Milk Products 16 0.25% 0.56% 15.04 25.59 10.55 70.2%
  Significant growth is observed in Butter Oil and its Contribution is 13.31 23.38 10.07 75.6%
  ( and its %age share to this group)     88.5% 91.4%    
2 Fruits & Vegetables 43 9.18% 15.58% 542.59 717.57 174.98 32.2%
  Significant growth in Cashew nuts in shell IS   363.23 565.28 202.05 55.6%
  ( and its %age share to this group)     66.9% 78.8%    
3 Poultry 10 0.00% 0.00% 0.00 0.00 0.00  
4 Tea & Coffee 31 0.28% 1.01% 16.81 46.51 29.71 176.8%
  Significant growth in black tea (in packet, leaf and dust in bulk) 10.59 22.57 11.98 113.1%
  ( and their %age share to this group)     63.0% 48.5%    
5 Spices 34 1.45% 2.11% 85.71 97.19 11.48 13.4%
  (Significant shortfall in Black pepper ungarbled and its contribution is) 9.17 5.95 -3.23 -35.2%
  ( and their %age share to this group)     10.7% 6.1%    
  (Significant growth in Pepper long, Cassia, Cloves not extracted and their contribution is) 31.57 47.89 16.32 51.7%
  ( and their %age share to this group)     36.8% 49.3%    
6 Food Grains 11 0.00% 0.00% 0.22 0.19 -0.03 Less weigtage
7 Edible Oils 22 70.07% 62.02% 4143.21 2856.66 -1286.55 -31.1%
  (a) Crude       3645.69 1926.23 -1719.46 -47.2%
  ( Ratio of crude to total Edible )     88.0% 67.4%    
  (b) Refined       497.52 930.43 432.91 87.0%
  ( Ratio of Refined to total edible import)   12.0% 32.6%    
8 Alcoholic Beverages 11 0.20% 0.52% 11.90 24.12 12.22 102.7%
9 Rubber 11 1.37% 3.45% 81.30 159.01 77.71 95.6%
  Significant growth in natural rubber in smoked sheet & non-latex 63.25 141.34 78.09 123.5%
  ( and their %age share to this group)     77.8% 88.9%    
10 Cotton & Silk 20 14.88% 8.38% 879.68 386.01 -493.67 -56.1%
  Significant Shortfall in :cotton(other than Indian of all staple length) 657.86 135.22 -522.64 -79.4%
  ( and their %age share to this group)     74.8% 35.0%    
11 Marble & Granite 9 0.30% 1.02% 17.47 46.89 29.42 168.4%
  Marble blocks/tiles, polished and others (Simply cut/Sawnmarble trauertine & alabaster with a flat or even surface 15.75 46.08 30.33 192.6%
  ( and their %age share to this group)     90.1% 98.3%    
12 Automobiles 33 0.72% 2.39% 42.42 110.12 67.69 159.6%
13 Product of SSI 37 1.20% 2.22% 70.85 102.42 31.57 44.6%
  (Umbrella, locks, toys, writing instruments, tiles, glassware, etc.)      
  Significant growth in drinking glasses other than lead crystal and other glassware used for table excluding glasses 12.49 21.69 9.19 73.6%
  ( and their %age share to this group)     17.6% 21.2%    
14 Others (Wheat floor, sugar, cigarette & salt) 12 0.09% 0.73% 5.42 33.80 28.39 524.0%
  Total of Sensitive items   100.0% 100.0% 5912.61 4606.08 -1306.54 -22.1%
  %age share of Import of sensitive items to Total Import (All Commodities) 5.5% 3.3%    
  Total of All commodities ( including sensitive items) as per quick estimate 106907.5 137720.1 30812.6 28.8%

 

Directorate General of Foreign Trade, Ministry of Commerce & Industry

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