Wednesday, September 1, 2010

India’s foreign trade: July, 2010





India’s exports during July, 2010 were valued at US $ 16240 million (Rs. 76064 crore) which was 13.2 per cent higher in Dollar terms (9.4 per cent higher in Rupee terms) than the level of US $ 14341 million (Rs.69521 crore) during July, 2009. Cumulative value of exports for the period April-July 2010 was US $ 68629 million (Rs 315302 crore) as against US $ 52737 million (Rs. 256739 crore) registering a growth of 30.1 per cent in Dollar terms and 22.8 per cent in Rupee terms over the same period last year.



India’s imports during July, 2010 were valued at US $ 29170 million (Rs.136625 crore) representing a growth of 34.3 per cent in Dollar terms (29.7 per cent in Rupee terms) over the level of imports valued at US $ 21724 million ( Rs. 105312 crore) in July, 2009. Cumulative value of imports for the period April-July, 2010 was US $ 112214 million (Rs. 515617 crore) as against US $ 84156 million (Rs. 409518 crore) registering a growth of 33.3 per cent in Dollar terms and 25.9 per cent in Rupee terms over the same period last year.



Oil imports during July, 2010 were valued at US $ 7665 million which was 4.4 per cent higher than oil imports valued at US $ 7344 million in the corresponding period last year. Oil imports during April-July, 2010 were valued at US$ 32941 million which was 37.3 per cent higher than the oil imports of US $ 23993 million in the corresponding period last year.



Non-oil imports during July, 2010 were estimated at US $ 21505 million which was 49.6 per cent higher than non-oil imports of US $ 14379 million in July, 2009. Non-oil imports during April - July, 2010 were valued at US$ 79273 million which was 31.8 per cent higher than the level of such imports valued at US$ 60163 million in April - July, 2009.



The trade deficit for April - July, 2010 was estimated at US $ 43585 million which was higher than the deficit of US $ 31420 million during April -July, 2009.

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