double digit export growth continues

india’s foreign trade data: april-september, 2004-2005

Friday, October 15, 2004


India’s exports during the first six months (April-September) of the current financial year 2004-2005 are valued at US $ 33750.01 million (US $ 33.7 billion) which is 24.39% higher than the level of US $ 27132.61 million (US $ 27.1 billion) during April-September 2003-2004. This is over and above the 5.70% export growth in April-September, 2003-04 over April-September, 2002-03. In rupee terms, the exports were Rs. 153771.24 crore, during April-September, 2004-2005 which is 21.88% higher than the value of exports during April-September, 2003-2004.


Exports during September, 2004 are valued at US $ 6198.38 million which is 17.39% higher than the level of US $ 5280.13 million during September, 2003. In rupee terms, the exports were Rs. 28571.45 crore, which is 18.03% higher than the value of exports during September, 2003.


India’s imports during April-September, 2004-2005 are valued at US $ 46404.29 million representing an increase of 34.29% over the level of imports valued at US $ 34554.76 million in April-September, 2003-2004.

Oil imports during April-September, 2004-05 are valued at US $ 14539.29 million which is 57.78% higher than oil imports valued at US $ 9214.98 million in the corresponding period last year. Non-oil imports during April-September, 2004-05 are estimated at US $ 31865.00 million which is 25.75% higher than the level of such imports valued at US $ 25339.78 million in April-September, 2003-04.


Imports during September, 2004 are valued at US $ 8585.22 million representing an increase of 41.20% over the level of imports valued at US $ 6080.32 million in September, 2003. In Rupee terms the imports increased by 41.96%.


The trade deficit for April-September, 2004-05 is estimated at US $ 12654.28 million which is higher than the deficit at US $ 7422.15 million during April-September, 2003-04.


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


IMPORTS & EXPORTS : (PROVISIONAL)




(Unadjusted for late returns)



(US $ Million)




September
April-September









EXPORTS





_________





2003-2004*
5280.13
27132.61



2004-2005
6198.38
33750.01









%Growth 2004-2005/2003-2004
17.39
24.39



IMPORTS





_________





2003-2004*
6080.32
34554.76



2004-2005
8585.22
46404.29









%Growth 2004-2005/2003-2004
41.20
34.29









TRADE BALANCE





_______________





2003-2004*
-800.19
-7422.15



2004-2005
-2386.84
-12654.28



*Final figures as given by DGCI&S






IMPORTS & EXPORTS : (PROVISIONAL)




(Unadjusted for late returns)



(Rs Crores)




September
April-September









EXPORTS





_________





2003-2004*
24207.86
126164.06



2004-2005
28571.45
153771.24









%Growth 2004-2005/2003-2004
18.03
21.88









IMPORTS





_________





2003-2004*
27876.49
160763.90



2004-2005
39573.56
211373.86









%Growth 2004-2005/2003-2004
41.96
31.48









TRADE BALANCE





_______________





2003-2004*
-3668.63
-34599.84



2004-2005
-11002.11
-57602.62









*Final figures as given by DGCI&S