Department of Commerce

Indian Trade Statistics (US $ Terms)

F. No. 1(1)/2007-EPL

Government of India

Ministry of Commerce and Industry

Department of Commerce

Economic Division

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New Delhi,  The  2nd July, 2007

 

PRESS RELEASE

 

INDIA’S FOREIGN TRADE: APRIL-MAY, 2007.

 

A. EXPORTS (including re-exports)

 

Exports during May, 2007 were valued at US $ 11861.28 million which was 18.07 % higher than the level of US $ 10045.99 million during May, 2006. In rupee terms,  exports touched Rs. 48371.98 crore, which was 6.04% higher than the value of exports during May, 2006. Cumulative value of exports for the period April-May, 2007 was US$ 22436.39 million (Rs. 92944.16 Crore) as against US$ 18639.50 million (Rs. 84243.20 Crore) during the same period last year.

 

B. IMPORTS

 

Imports during May, 2007 were valued at US $ 18077.81 million representing an increase of 26.36 % over the level of imports valued at US $ 14306.76 million in May, 2006. In Rupee terms,  imports increased by 13.49 %. Cumulative value of imports for the period April-May, 2007 was US$ 35713.14 million (Rs. 148053.58 Crore) as against US$ 26841.29 million (Rs. 121304.73 Crore) during the same period last year

 

C. CRUDE OIL AND NON-OIL IMPORTS: 

               

            Oil imports during May, 2007 were valued at US $ 4740.29 million which was 2.99% lower than oil imports valued at US $ 4886.44 million in the corresponding period last year.  Oil imports during April-May, 2007 were valued at US$ 9165.20 million which was 1.01% higher than the oil imports of US$ 9073.62 million in the corresponding period last year.

 

           Non-oil imports during May, 2007 were estimated at US $ 13337.52 million which was 41.58 % higher than growth on non oil imports of US$ 9420.32 million in May, 2006. Non-oil imports during April-May, 2007 were valued at US$ 26547.94 million which was 49.42% higher than the level of such imports valued at US$ 17767.67 million in April-May, 2006.

                                   

D. TRADE BALANCE

 

            The trade deficit for April-May, 2007 was estimated at US $ 13276.75 million which was higher than the deficit at US $ 8201.79 million during April-May, 2006.

 

DEPARTMENT OF COMMERCE

ECONOMIC DIVISION

EXPORTS & IMPORTS  : (US $ Million)
(PROVISIONAL)    
MAY APRIL-MAY
EXPORTS(including re-exports)    
2006-2007 10045.99

18639.50
2007-2008 11861.28 22436.39
%Growth 2007-2008/ 2006-2007 18.07 20.37
   
IMPORTS    
2006-2007 14306.76 26841.29
2007-2008 18077.81 35713.14
%Growth 2007-2008/ 2006-2007 26.36 33.05
   
TRADE BALANCE    
2006-2007 -4260.77 -8201.79
2007-2008 -6216.53 -13276.75
   

EXPORTS & IMPORTS  : (Rs. Crores)
(PROVISIONAL)    
MAY APRIL-MAY
EXPORTS(including re-exports)    
2006-2007 45616.13 84243.20
2007-2008 48371.98 92944.16
%Growth 2007-2008/ 2006-2007 6.04 10.33
   
IMPORTS    
2006-2007 64963.15 121304.73
2007-2008 73723.84 148053.58
%Growth 2007-2008/ 2006-2007 13.49 22.05
   
TRADE BALANCE    
2006-2007 -19347.02 -37061.53
2007-2008 -25351.86 -55109.42
   
Figures for 2006-07 are the latest revised whereas figures for 2007-08 are provisional.

 

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