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Home News News and Press Release Month 11 2007 2007 (11) This

India's exports up by 19%

2-11-2007
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India's exports up by 19% "

India's exports during September, 2007 were valued at US $ 12796.61 million which was 19.26 % higher than the level of US $ 10730.34 million during September, 2006. In rupee terms, exports touched Rs.51621.52 crore, which was 4.31% higher than the value of exports during September, 2006. Cumulative value of exports for the period April-September, 2007 was US$ 72280.60 million (Rs.295233.05 Crore) as against US$ 60985.84 million (Rs.280275.27 Crore) registering a growth of 18.52% in Dollar terms and 5.34% in Rupee terms during the same period last year.

India's imports during September, 2007 were valued at US $ 17217.65 million representing an increase of 2.31 % over the level of imports valued at US $ 16828.82 million in September, 2006. In Rupee terms, imports declined by 10.51%. Cumulative value of imports for the period April-September, 2007 was US$ 109204.43 million (Rs.446420.86 Crore) as against US$ 87010.23 million (Rs.399815.04 Crore) registering a growth of 25.51% in Dollar terms and 11.66% in Rupee terms during the same period last year.

Oil imports during September, 2007 were valued at US $ 5497.96 million which was 7.98% higher than oil imports valued at US $ 5091.55 million in the corresponding period last year. Oil imports during April-September, 2007 were valued at US$ 31399.22 million which was 8.26% higher than the oil imports of US$ 29003.64 million in the corresponding period last year.
Non-oil imports during September, 2007 were estimated at US $ 11719.69 million which was 0.15% lower than growth of non oil imports of US$ 11737.27 million in September, 2006. Non-oil imports during April-September, 2007 were valued at US$ 77805.21 million which was 34.13% higher than the level of such imports valued at US$ 58006.59 million in April-September, 2006.

The trade deficit for April-September, 2007 was estimated at US $ 36923.83 million which was higher than the deficit at US $ 26024.39 million during April-September, 2006.

Detailed data showing exports, imports and trade balance is attached below.

EXPORTS & IMPORTS: (US $ Million)

(PROVISIONAL)

 

 

 

SEPTEMBER

APRIL-SEPTEMBER

EXPORTS (including re-exports)

 

 

2006-2007

10730.34

60985.84

2007-2008

12796.61

72280.60

%Growth 2007-2008/ 2006-2007

19.26

18.52

 

 

 

IMPORTS

 

 

2006-2007

16828.82

87010.23

2007-2008

17217.65

109204.43

%Growth 2007-2008/ 2006-2007

2.31

25.51

 

 

 

TRADE BALANCE

 

 

2006-2007

-6098.48

-26024.39

2007-2008

-4421.04

-36923.83

 

 

 

EXPORTS & IMPORTS  : (Rs. Crores)

(PROVISIONAL)

 

 

 

SEPTEMBER

APRIL-SEPTEMBER

EXPORTS(including re-exports)

 

 

2006-2007

49486.28

280275.27

2007-2008

51621.52

295233.05

%Growth 2007-2008/ 2006-2007

4.31

5.34

 

 

 

IMPORTS

 

 

2006-2007

77611.31

399815.04

2007-2008

69456.01

446420.86

%Growth 2007-2008/ 2006-2007

-10.51

11.66

 

 

 

TRADE BALANCE

 

 

2006-2007

-28125.03

-119539.77

2007-2008

-17834.49

-151187.81

Figures for 2006-07 are the latest revised whereas figures for 2007-08 are provisional

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