Foreign Exchange Earnings from Tourism Increases by More than Nine Percent in May 2013

June 11, 2013 brookes Travel 0

Foreign Exchange Earnings ( FEEs) from tourism increased by more than nine percent in May 2013 over May 2012.Foreign Tourist Arrivals ( FTAs) also went up by more than 3.2 percent during the month of May 2013 as compared to May 2012.

The following are the important highlights regarding FTAs and FEEs from tourism during the month of May 2013.

Foreign Tourist Arrivals (FTAs):

  • FTAs during the Month of May 2013 were 3.84 lakh as compared to FTAs of 3.72 lakh during the month of May 2012 and 3.83 lakh in May 2011.
  • There has been a growth of 3.2% in May 2013 over May 2012 as compared to a negative growth of 3.1% registered in May 2012 over May 2011.
  • FTAs during the period January to May 2013 were 28.63 lakh with a growth of 2.1%, as compared to the FTAs of 28.05 lakh with a growth of 7.2% during January to May 2012 over the corresponding period of 2011.

Foreign Exchange Earnings (FEEs) from Tourism in rupee terms and US$ terms

  • FEEs during the month of May 2013 were Rs. 6,089 crore as compared to Rs. 5,562 crore in May 2012 and Rs. 5,047 crore in May 2011.
  • The growth rate in FEEs in rupee terms in May 2013 over May 2012 was 9.5% as compared to 10.2% in May 2012 over May 2011.
  • FEEs from tourism in rupee terms during January to May 2013 were Rs. 43,412 crore with a growth of 16.5%, as compared to the FEE of Rs. 37,275 crore with a growth of 25.4% during January to May 2012 over the corresponding period of 2011.
  • FEEs in US$ terms during the month of May 2013 were US$ 1.109 billion as compared to FEEs of US$ 1.023 billion during the month of May 2012 and US$ 1.124 billion in May 2011.
  • The growth rate in FEEs in US$ terms in May 2013 over May 2012 was 8.4% as compared to the negative growth of 9.0% in May 2012 over May 2011.
  • FEE from tourism in terms of US$ during January to May 2013 were US$ 7.993 billion with a growth of 9.5%, as compared to US$ 7.297 billion with a growth of 10.6 % during January-May 2012 over the corresponding period of 2011.

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) on the basis of data received from major ports and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India.