India’s exports during May, 2004 are valued at US $ 5812.99 million which is 29.43% higher than the level of US $ 4491.11 million during May, 2003. This is over and above the 10.07 % export growth in May, 2003 over May, 2002. In rupee terms, the exports were Rs. 26304.24 crore, which is 24.40 % higher than the value of exports during May, 2003.
Exports during April-May, 2004-2005 are valued at US $ 10823.19 million which is 24.86% higher than the level of US $ 8668.03 million during April-May, 2003-2004. In rupee terms, the exports were Rs. 48314.61 crore, during April-May, 2004-2005 which is 18.03% higher than the value of exports during April-May, 2003-2004.
India’s Imports during April-May, 2004-2005 are valued at US $14607.50 million representing an increase of 25.79% over the level of imports valued at US $ 11612.91 million in April-May, 2003-2004.
Oil imports during April-May, 2004-05 are valued at US $ 4600.15 million which is 46.99% higher than oil imports valued at US $ 3129.51 million in the corresponding period last year. Non-oil imports during April-May, 2004-05 are estimated at US $ 10007.35 million which is 17.96% higher than the level of such imports valued at US $ 8483.40 million in April-May, 2003-04.
Imports during May, 2004 are valued at US $ 7727.30 million representing an increase of 28.22% over the level of imports valued at US $ 6026.39 million in May 2003. In Rupee terms the imports increased by 23.24%.
The trade deficit for April-May, 2004-05 is estimated at US $ 3784.31 million which is higher than the deficit at US $ 2944.88 million during April-May, 2003-04.
Tables giving details of exports, imports and trade balance, according to the provisional estimates of Directorate General of Commercial Intelligence & Statistics (DGCI&S) are attached.
Department of Commerce Economic Division
IMPORTS & EXPORTS : (PROVISIONAL)
(Unadjusted for late returns)
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