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EXPORT GROWTH SUSTAINED INDIA’S FOREIGN TRADE DATA: APRIL-JULY 2003-2004

Date : 01 Sep 2003
Location : New Delhi
 

India’s exports during April-July, 2003-2004 are valued at US $ 17783.73 million which is 9.29% higher than the level of US $ 16271.53 million during April-July, 2002-2003. This is over and above the 18.12% growth rate in April-July, 2002-03 over corresponding period of 2001-02. In rupee terms, the exports were Rs. 83291.65 crore, during April-July, 2003-2004 which is 4.67% higher than the value of exports during April-July, 2002-2003.

Exports during July, 2003 are valued at US $ 4688.35 million which is 5.75% higher than the level of US $ 4433.53 million during July, 2002. This is over and above the 29.16% export growth rate in July, 2002 over July, 2001. In rupee terms, the exports in July, 2003 were Rs. 21674.23 crore, which is 0.25% higher than the value of exports during July, 2002.

India’s imports during April-July, 2003-2004 are valued at US $ 22719.90 million representing an increase of 22.73% over the level of imports valued at US $ 18512.49 million in April-July, 2002-2003.

Oil imports during April-July, 2003-2004 are valued at US $ 5899.11 million which is 7.72% higher than oil imports valued at US $ 5476.51 million in the corresponding period last year. Non-oil imports during April-July, 2003-2004 are estimated at US $ 16820.79 million which is 29.03% higher than the level of such imports valued at US $ 13035.98 million in April-July, 2002-2003.

Imports during July, 2003 are valued at US $ 5701.94 million representing an increase of 17.00 % over the level of imports valued at US $ 4873.60 million in July, 2002. In Rupee terms the imports increased by 10.92% during July, 2003.

The trade deficit for April-July, 2003-2004 is estimated at US $ 4936.17 million which is higher than the deficit at US $ 2240.96 million during April-July, 2002-2003.

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.

 *Final figures are given by DGCI&S