CPO Import Up 15.8% in April-March 2011
Total import of sensitive items for the period
April-March 2011 has been Rs.70656 crores as compared
to Rs.65565 crores during the corresponding period of
last year thereby showing an increase of 7.8%. The gross import of all
commodities during same period of current year was Rs.1596869 crores as compared to Rs 1363736 crores during the same period of last year. Thus import of
sensitive items constitutes 4.8% and 4.4% of the gross imports during last year
and current year respectively.
Imports of pulses, cotton & silk, spices and
tea & coffee have declined at broad group level during the period. Imports
of all other items viz. edible oil, automobiles, fruits & vegetables
(including nuts), rubber, products of SSI, milk & milk products, alcoholic
beverages, marble & granite and food grains have increased during the
period under reference.
In the edible oil segment, the import has increased
from Rs 25975.3 crores last
year to Rs 29319.1 crores
for the corresponding period of this year. A significant feature of edible oil
import is that import of crude oil has gone up by 15.8% and that of refined oil
have gone down by 2.5%. The increase in edible oil import is mainly due to
substantial increase in import of crude palm oil and its fractions.
Imports of sensitive items from Indonesia, China P
RP, Argentina, Malaysia, Korea RP, Germany, Ukraine, Thailand, Tanzania REP,
Australia, United Kingdom, Cote D’ Ivoire, Vietnam
SOC REP etc. have gone up while those from United States of America, Myanmar,
Brazil, Japan, Canada, Czech Republic etc. have gone down.
[Source: PIB (MoC&I)
Press Release dated 18th July 2011]