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EXPORTS UP BY 18.91% IN AUGUST 2007 - INDIA'S FOREIGN TRADE: APRIL-AUGUST, 2007 |
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| 4-10-2007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Exports during August, 2007 were valued at US $ 12686.38 million which was 18.91 % higher than the level of US $ 10668.78 million during August, 2006. In rupee terms, exports touched Rs. 51787.31crore, which was 4.31% higher than the value of exports during August, 2006. Cumulative value of exports for the period April-August, 2007 was US$ 59483.99 million (Rs. 243611.53 Crore) as against US$ 50255.50 million (Rs.230788.99 Crore) registering a growth of 18.36% in Dollar terms and 5.56% in Rupee terms during the same period last year. Imports during August, 2007 were valued at US $ 19569.31 million representing an increase of 32.64 % over the level of imports valued at US $ 14753.47 million in August, 2006. In Rupee terms, imports increased by 16.35 %. Cumulative value of imports for the period April-August, 2007 was US$ 91986.78 million (Rs. 376964.85 Crore) as against US$ 70181.41 million (Rs. 322203.73 Crore) registering a growth of 31.07% in Dollar terms and 17% in Rupee terms during the same period last year Oil imports during August, 2007 were valued at US $ 6022.74 million which was 19.52% higher than oil imports valued at US $ 5038.96 million in the corresponding period last year. Oil imports during April-August, 2007 were valued at US$ 25901.26 million which was 8.32% higher than the oil imports of US$ 23912.08 million in the corresponding period last year. Non-oil imports during August, 2007 were estimated at US $ 13546.58 million which was 39.57% higher than growth on non oil imports of US$ 9705.74 million in August, 2006. Non-oil imports during April-August, 2007 were valued at US$ 66085.52 million which was 42.85% higher than the level of such imports valued at US$ 46260.56 million in April-August, 2006. The trade deficit for April-August, 2007 was estimated at US $ 32502.79 million which was higher than the deficit at US $ 19925.91 million during April-August, 2006. Tables containing details of exports, imports and trade balance are attached.
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