Page 2 - Export Growth
February export growth rate dips for third straight month at 4.48%
A similar situation was seen in December 2017 as well when growth rate had halved to 12.4 per cent from November's 30.5 per cent
 "February export growth rate dips for third straight month at 4.48%")
T N Ninan: Flat-lined exports are impeding India's economic momentum
The Modi govt's recent focus on protecting the home market through tariff hikes is unlikely to help exporters; whether it will serve the cause of import substitution remains to be seen
Export growth rate dips by half in Dec; trade deficit at 3-year high
The pace of growth in export declined by a little more than half in December as compared to November, even as these grew by double-digits for a second month in a row.At $27 billion, export was up 12.4 per cent in December compared to 30.5 growth in November. The December figure has again prompted exporters to air grievances about refunds in the goods and services tax (GST) regime. However, they say the country is on course to meet the target of $300 billion in 2017-18.The growth rate declined in refinery products, engineering, electronics and gems & jewellery, among others. For instance, oil export growth declined to 25.1 per cent, from 47.7 per cent in November; engineering goods to 25.3 per cent, from 43.8 per cent; electronics to 4.8 per cent, from 26 per cent; and gems & jewellery to 2.4 per cent, from 32.7 per cent. Agriculture produce added to the items which contracted in December, due to subdued demand globally. Import rose 21.1 per cent in December to $41.9 bn due to .
 "Export growth rate dips by half in Dec; trade deficit at 3-year high")
Despite 26% growth in September, exporters advise caution
Even after exports rose by more than 25 per cents in September, economists and exporters alike have advised caution against celebrating the return of sustained trade growth. Despite issues over liquidity, exports grew at a six-month-high rate of 25.7 per cent in September year-on-year, maintaining the momentum of 13 months of interrupted rise under the Goods and Services Tax (GST) regime. However, experts said the rise in September was drastic and do not reflect the supply side issues being faced by the industry. The recent set of easing in GST norms which happened in October may take time till November or December to be reflected in the charts, they added. This includes the government continuing the duty drawback scheme through revised rates post October and easing the filing of GST documents. "While I am happy at the high levels of growth shown by the industry in September, it should be kept in mind that exporters tried to push out built up stocks till September 30, when the old ..
 "Despite 26% growth in September, exporters advise caution")
