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EXPORTS UP BY 20.47% DURING JANUARY 2008 INDIA’S FOREIGN TRADE DATA – APRIL-JANUARY 2008

Date : 03 Mar 2008
Location : New Delhi
 

India’s exports during January, 2008 were valued at US $ 13140.71 million which was 20.47 per cent higher than the level of US $ 10907.72 million during January, 2007. In rupee terms, exports touched Rs.51739.82 crore, which was 7.00 per cent higher than the value of exports during January, 2007. Cumulative value of exports for the period April- January, 2008 was US $ 124190.41 million (Rs.500117.15 crore) as against US $ 102110.27 million (Rs.464532.19 crore) registering a growth of 21.62 per cent in Dollar terms and 7.66 per cent in Rupee terms over the same period last year.

India’s imports during January, 2008 were valued at US $ 22504.41 million representing an increase of 63.57 per cent over the level of imports valued at US $ 13757.93 million in January, 2007. In Rupee terms, imports increased by 45.28 per cent. Cumulative value of imports for the period April- January, 2008 was US $ 191604.13 million (Rs.771628.90 crore) as against US $ 147812.69 million (Rs.672514.33 crore) registering a growth of 29.63 per cent in Dollar terms and 14.74 per cent in Rupee terms over the same period last year.

Oil imports during January, 2008 were valued at US $ 7711.78 million which was 60.81 per cent higher than oil imports valued at US $ 4795.46 million in the corresponding period last year. Oil imports during April- January, 2008 were valued at US $ 57023.33 million which was 16.49 per cent higher than the oil imports of US $ 48951.65 million in the corresponding period last year.

Non-oil imports during January, 2008 were estimated at US $ 14792.62 million which was 65.05 per cent higher than non-oil imports of US $ 8962.47 million in January, 2007. Non-oil imports during April- January, 2008 were valued at US $ 134580.80 million which was 36.13 per cent higher than the level of such imports valued at US $ 98861.04 million in April- January, 2007.

The trade deficit for April- January, 2008 was estimated at US $ 67413.73 million which was higher than the deficit at US $ 45702.42 million during April- January, 2007.

Tables showing India’s exports, imports and trade balance, according to the Directorate General of Commercial Intelligence & Statistics (DGCI&S), is attached.  

EXPORTS & IMPORTS : (US $ Million)
(PROVISIONAL)    
 

JANUARY

APRIL-JANUARY

EXPORTS (including re-exports)    
2006-2007

10907.72

102110.27

2007-2008

13140.71

124190.41

%Growth 2007-2008/ 2006-2007

20.47

21.62

IMPORTS

 

 

2006-2007

13757.93

147812.69

2007-2008

22504.41

191604.13

%Growth 2007-2008/ 2006-2007

63.57

29.63

TRADE BALANCE

 

 

2006-2007

-2850.22

-45702.42

2007-2008

-9363.70

-67413.73

     
EXPORTS & IMPORTS : (Rs. Crore)
(PROVISIONAL)

 

 

 

JANUARY

APRIL-JANUARY

EXPORTS(including re-exports)

 

 
2006-2007

48356.63

464532.19

2007-2008

51739.82

500117.15

%Growth 2007-2008/ 2006-2007

7.00

7.66

IMPORTS

 

 

2006-2007

60992.35

672514.33

2007-2008

88608.17

771628.90

%Growth 2007-2008/ 2006-2007

45.28

14.74

TRADE BALANCE

 

 

2006-2007

-12635.72

-207982.14

2007-2008

-36868.35

-271511.75

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

 

 

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