double digit export growth continues

foreign trade data for april 2005-06

Tuesday, May 17, 2005

India's exports during April 2005 are valued at US $ 6567.99 million (US $ 6.5 billion), which is 17.20 % higher than the level of US $ 5603.96 million (US $ 5.6 billion) during April 2004. This growth is over and above the 19.19% export growth in April 2004 over the export growth in April 2003. In rupee terms, the exports were Rs.28729.18 crore, which is 16.70% higher than the value of exports during April, 2004.

India's imports during April 2005 are valued at US $ 10422.54 million representing an increase of 51.05 % over the level of imports valued at US $ 6900.15 million in April 2004. In Rupee terms, the imports increased by 50.40 %.

Oil imports during April, 2005 are valued at US $ 3299.64 million which is 41.37 % higher than oil imports valued at US $ 2334.11 million in the corresponding period last year. Non-oil imports during April, 2005 are estimated at US $ 7122.90 million which is 56.00 % higher than the level of such imports valued at US $ 4566.04 million in April, 2004. The trade deficit for April 2005 is estimated at US $ 3854.55 million, which is higher than the deficit at US $ 1296.19 million during April 2004.

Tables giving details of exports, imports and trade balance, according to the provisional estimates of Directorate General of Commercial Intelligence & Statistics (DGCI&S) are attached.




IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)



(US $ Million)


April


EXPORTS



_________



2004-2005*
5603.96


2005-2006
6567.99






%Growth 2005-2005/2004-2005
17.20






IMPORTS



_________



2004-2005*
6900.15


2005-2006
10422.54






%Growth 2005-2006/2004-2005
51.05






TRADE BALANCE



_______________



2004-2005*
-1296.19


2005-2006
-3854.55


*Final figures as given by DGCI&S






IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)



(Rs Crores)


April


EXPORTS



_________



2004-2005*
24618.81


2005-2006
28729.18






%Growth 2005-2005/2004-2005
16.70






IMPORTS



_________



2004-2005*
30313.13


2005-2006
45589.46






%Growth 2005-2006/2004-2005
50.40






TRADE BALANCE



_______________



2004-2005*
-5694.32


2005-2006
-16860.28


*Final figures as given by DGCI&S




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