India’s September Foreign Trade Data

·         Dollar Exports Valued at 36.36 percent in September 2011

Exports (including re-exports)

India’s exports during September, 2011 were valued at US $ 24821.59 million (Rs.118233.94 crore) which was 36.36 per cent higher in Dollar terms (41.01 per cent higher in Rupee terms) than the level of US $ 18203.53 million (Rs. 83848.35) during September, 2010. Cumulative value of exports for the period April-September 2011 -12 was US $ 160048.51 million (Rs 723431.51 crore) as against US $ 105240.82 million (Rs.484687.10 crore) registering a growth of 52.08 per cent in Dollar terms and 49.26 per cent in Rupee terms over the same period last year.

Imports

India’s imports during September, 2011 were valued at US $ 34588.89 million (Rs.164759.00 crore) representing a growth of 17.20 per cent in Dollar terms (21.20 per cent in Rupee terms) over the level of imports valued at US $ 29511.78 million ( Rs. 135936.00 crore) in September, 2010. Cumulative value of imports for the period April-September, 2011-12 was US $ 233509.85 million (Rs.1055338.87 crore) as against US$ 176360.05 million (Rs. 811772.59 crore) registering a growth of 32.41 per cent in Dollar terms and 30.00 per cent in Rupee terms over the same period last year.

Crude Oil and Non-Oil Imports

Oil imports during September, 2011 were valued at US $ 9209.94 million which was 14.62 per cent higher than oil imports valued at US $ 8035.03 million in the corresponding period last year. Oil imports during April-September, 2011-12 were valued at US$ 70348.54 million which was 42.39 per cent higher than the oil imports of US $ 49404.58 million in the corresponding period last year.

Non-oil imports during September, 2011 were estimated at US $ 25378.95 million which was 18.17 per cent higher than non-oil imports of US $ 21476.76 million in September, 2010. Non-oil imports during April - September, 2011-12 were valued at US$ 163161.32 million which was 28.52 per cent higher than the level of such imports valued at US$ 126955.47 million in April - September, 2010-11.

Trade Balance

The trade deficit for April - September, 2011-12 was estimated at US $ 73461.34 million which was higher than the deficit of US $ 71119.23 million during April -September, 2010-11.

Exports & Imports: (US $ Million)

(Provisional)

 

September

April-September

Exports (including re-exports)

 

 

2010-11

18203.53

105240.82

2011-12

24821.59

160048.51

%Growth 2011-12/ 2010-2011

36.36

52.08

Imports

 

 

2010-11

29511.78

176360.05

2011-12

34588.89

233509.85

%Growth 2011-12/ 2010-2011

17.20

32.41

Trade Balance

 

 

2010-11

-11308.25

-71119.23

2011-12

-9767.30

-73461.34

[Source: Ministry of Commerce & Industry PIB Press Release dated 1st November 2011]