 |
| Indo-Latin American Trade |
|
| Indo-Latin American Trade |
In spite of various constraints, India’s trade with the region during the last few years has been growing rapidly. Our trade with the region has increased from US$ 1072.45 million in 1996-97 to US$ 5365.44 million in 2005-06, registering an increase of over 400% in a decade. India’s trade with the region during these years has been as follows:
(Values in US$ million)
|
YEAR |
EXPORT VALUES |
IMPORT |
TOTAL TRADE |
BALANCE |
|
1996-1997 |
478.74 |
593.71 |
1072.45 |
-114.97 |
|
1997-1998 |
699.83 |
580.42 |
1280.25 |
119.41 |
|
1998-1999 |
611.31 |
730.69 |
1342.00 |
-119.38 |
|
1999-2000 |
652.46 |
936.74 |
1589.20 |
-284.28 |
|
2000-2001 |
978.42 |
707.71 |
1686.13 |
270.71 |
|
2001-2002 |
1455.71 |
989.73 |
2445.44 |
465.98 |
|
2002-2003 |
1636.36 |
1044.92 |
2681.28 |
591.44 |
|
2003-2004 |
1777.13 |
1194.13 |
2971.26 |
583.00 |
|
2004-2005 |
2160.71 |
2054.80 |
4021.51 |
105.91 |
|
2005-2006 |
2956.01 |
2409.43 |
5365.44 |
546.58 |
(Data source: DGCI&S, Kolkata)
