Dollar Values of
Export and Import Fall in May
A. Exports
(including re-exports)
Exports during May, 2012 were valued at US $
25681.38 million (Rs. 139895.48 crore)
which was 4.16 per cent lower in Dollar terms (16.26 per cent higher in Rupee
terms) than the level of US $ 26796.54 million (Rs.
120328.54 crore) during May, 2011. Cumulative value
of exports for the period April-May 2012 -13 was US $ 50136.76 million (Rs
266603.94 crore) as against US $ 50486.91 million (Rs 225442.71 crore) registering a negative growth of 0.69 per
cent in Dollar terms and growth of 18.26 per cent in Rupee terms over the same
period last year.
B. Imports
Imports during May, 2012 were valued at US $ 41947.14 million
(Rs.228500.74 crore) representing a negative
growth of 7.36 per cent in Dollar terms (growth of 12.38 per cent in Rupee
terms) over the level of imports valued at US $ 45281.90 million (Rs. 203336.09 crore) in May,
2011. Cumulative value of imports for the period April-May, 2012-13 was US $
79888.84 million (Rs. 425084.64 crore)
as against US $ 81871.27 million (Rs. 365683.12 crore) registering a negative growth of 2.42 per cent in
Dollar terms and growth of 16.24 per cent in Rupee terms over the same period
last year.
C. Crude Oil and Non-Oil
Imports:
Oil imports during May, 2012 were valued at US $ 14987.2 million which
was 14.02 per cent higher than oil imports valued at US $ 13144.0
million in the corresponding period last year. Oil imports during
April-May, 2012-13 were valued at US$ 28896.3 million which was 10.51 per cent
higher than the oil imports of US $ 26148.0 million in the corresponding period
last year.
Non-oil imports during May, 2012 were estimated at US $ 26959.9 million
which was 16.11 per cent lower than non-oil imports of US $ 32137.9 million in
May, 2011. Non-oil imports during April
- May, 2012-13 were valued at US$ 50992.5 million which was 8.49 per cent lower
than the level of such imports valued at US$ 55723.2 million in April - May, 2011-12.
D. Trade
Balance
The trade deficit for April - May, 2012-13 was estimated at US $
29752.08 million which was lower than the deficit of US $ 31384.36 million
during April -May, 2011-12.
|
Exports
& Imports: (US $ Million) |
||
|
(Provisional) |
||
|
|
May |
April-May |
|
Exports(including
re-exports) |
|
|
|
2011-12 |
26796.54 |
50486.91 |
|
2012-13 |
25681.38 |
50136.76 |
|
%Growth2012-13/
2011-2012 |
-4.16 |
-0.69 |
|
Imports |
|
|
|
2011-12 |
45281.90 |
81871.27 |
|
2012-13 |
41947.14 |
79888.84 |
|
%Growth2012-13/
2011-2012 |
-7.36 |
-2.42 |
|
Trade Balance |
|
|
|
2011-12 |
-18485.36 |
-31384.36 |
|
2012-13 |
-16265.76 |
-29752.08 |
[Source: Ministry
of Commerce & Industry, PIB Press Release dated 2nd July 2012]