FALL IN IMPORT OF SENSITIVE ITEMS DURING APRIL 2005 -FEBRUARY 2006
Date : 19 May 2006
Location : New Delhi
The total import of sensitive items have fallen by 8.3% -- to Rs.15086 crore during April-February 2005-06 as compared to Rs.16460 crores during the corresponding period of last year.
The gross import of all commodities during same period of current year was Rs.558992 crores as compared to Rs.427456 crores during the same period of last year. Thus, import of sensitive items constitute only 3.9% and 2.7% of the gross imports during last year and current year respectively.
Imports of edible oil, cotton & silk, milk & milk products and rubber have shown a decline at broad group level during the period. Imports of fruits & vegetables, spices, automobiles, tea & coffee, Alcoholic beverages and products of SSI have shown increase during the period under reference.
In the edible oil section, the imports has decreased from Rs.9558 crores last year to Rs.7863 crores for the corresponding period of this year. A significant feature of edible oil import is that import of crude oil has gone up by 26.4% and that of refined oil have gone down by 75.8%. The downfall in edible oil import is mainly due to huge shortfall in import of RBD Palmolein, which has gone down by 72% and Other Refined Palm Oil which has gone down by 77%.
Imports of sensitive items from Argentina, Benin, China P RP, Cote D’ Ivoire, Egypt A RP, Germany, Guinea Bissau, United Arab Emirates, United States of America, Vietnam Soc Rep etc. have gone up while those from Brazil, Japan, Indonesia, Malaysia. Sri Lanka DSR and Tanzania Rep have shown a decrease.