core sector communique

India’s Foreign Trade: June, 2011




EXPORTS (including re-exports)



India’s exports during June, 2011 were valued at US $ 29213.14 million (Rs. 131031.43 crore) which was 46.45 per cent higher in Dollar terms (41.06 per cent higher in Rupee terms) than the level of US $ 19948.18 million (Rs. 92892.68 crore) during June, 2010. Cumulative value of exports for the period April-June 2011 -12 was US $ 79003.74 million (Rs 353338.87 crore) as against US $ 54221.16 million (`247574.57 crore) registering a growth of 45.71 per cent in Dollar terms and 42.72 per cent in Rupee terms over the same period last year.



IMPORTS



India’s imports during June, 2011 were valued at US $ 36872.49 million (Rs.165386.41 crore) representing a growth of 42.46 per cent in Dollar terms (37.22 per cent in Rupee terms) over the level of imports valued at US $ 25883.03 million ( Rs. 120529.51 crore) in June, 2010. Cumulative value of imports for the period April-June, 2011-12 was US $ 110613.80 million (Rs. 494763.07 crore) as against US$ 81202.60 million
(Rs. 370182.12 crore) registering a growth of 36.22 per cent in Dollar terms and 33.65 per cent in Rupee terms over the same period last year.



CRUDE OIL AND NON-OIL IMPORTS:



Oil imports during June, 2011 were valued at US $ 10180.1 million which was 30.09 per cent higher than oil imports valued at US $ 7825.4 million in the corresponding period last year. Oil imports during April-June, 2011-12 were valued at US$ 30527.2 million which was 18.10 per cent higher than the oil imports of US $ 25849.5 million in the corresponding period last year.



Non-oil imports during June, 2011 were estimated at US $ 26692.4 million which was 47.82 per cent higher than non-oil imports of US $ 18057.6 million in June, 2010. Non-oil imports during April - June, 2011-12 were valued at US$ 80086.6 million which was 44.68 per cent higher than the level of such imports valued at US$ 55353.1 million in April - June, 2010-11.





TRADE BALANCE



The trade deficit for April - June, 2011-12 was estimated at US $ 31610.06 million which was lower than the deficit of US $ 26981.44 million during April -June, 2010-11.