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India's Foreign Trade: May, 2011

Posted on 01 July 2011,    
 4533    Share  Report

EXPORTS (including re-exports

India�s Exports during May, 2011 were valued at US $ 25941.28 million (Rs. 116488.01 crore) which was 56.93 per cent higher in Dollar terms (53.82 per cent higher in Rupee terms) than the level of US $ 16530.85 million (Rs. 75730.31 crore) during May, 2010. Cumulative value of exports for the period April-May 2011 -12 was US $ 49790.60million (Rs 222307.44 crore) as against US $ 34272.98 million (Rs154681.89 crore)registering agrowth of 45.28 per cent in Dollar terms and 43.72 per cent in Rupee terms over the same period last year.

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IMPORTS

India�s Imports during May, 2011 were valued at US $ 40906.95 million (Rs.183690.60 crore) representing a growth of 54.08 per cent in Dollar terms (51.03 per cent in Rupee terms)over the level of imports valued at US $ 26549.51 million ( Rs. 121627.30 crore) in May, 2010. Cumulative value of imports for the period April-May, 2011-12 was US $ 73741.31 million (Rs. 329376.66 crore) as against US $ 55319.57 million

(Rs. 249652.61 crore) registering a growth of 33.30 per cent in Dollar terms and 31.93 per cent in Rupee terms over the same period last year.

CRUDE OIL AND NON-OIL IMPORTS:���������

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Oil imports during May, 2011 were valued at US $ 10161.0 million which was 18.57per cent higher than oil imports valued at US $8570.0 million in the corresponding period last year.Oil imports during April-May, 2011-12 were valued at US$ 20347.0 million which was 12.89 per cent higher than the oil imports of US $ 18024.0 million in the corresponding period last year.

Non-oil imports during May, 2011 were estimated at US $ 30745.8 million which was 71.0 per cent higher than non-oil imports of US $ 17979.5 million in May, 2010.Non-oil imports during April - May, 2011-12 were valued at US$ 53394.2 million which was 43.17 per cent higher than the level of such imports valued at US$ 37295.5 million in April - May, 2010-11.

TRADE BALANCE

The trade deficit for April - May, 2011-12 was estimated at US $ 23950.71 million which was lower than the deficit of US $ 21046.59 million during April -May, 2010-11.

EXPORTS & IMPORTS: (US $ Million)��� ����������

(PROVISIONAL)����� ����������

MAY

APRIL-MAY

EXPORTS(including re-exports)

2010-11

16530.85

34272.98

2011-12

25941.28

49790.60

%Growth2011-12/ 2010-2011

56.93

45.28

IMPORTS

2010-11

26549.51

55319.57

2011-12

40906.95

73741.31

%Growth2011-12/ 2010-2011

54.08

33.30

TRADE BALANCE

2010-11

-10018.66

-21046.59

2011-12

-14965.67

-23950.71

EXPORTS & IMPORTS��: (Rs. Crore)

(PROVISIONAL)

MAY

APRIL-MAY

EXPORTS(including re-exports)

2010-11

75730.31

154681.89

2011-12

116488.01

222307.44

%Growth2011-12/ 2010-2011

53.82

43.72

IMPORTS

2010-11

121627.30

249652.61

2011-12

183690.60

329376.66

%Growth2011-12/ 2010-2011

51.03

31.93

TRADE BALANCE

2010-11

-45896.99

-94970.72

2011-12

-67202.59

-107069.22



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