June Export Fall $1.14bn Over Last Year, Imports Steady

· Oil Rises $1.54bn in June

· Rupee Devaluation and Incentives Yet to Show Result

Exports (including re-exports)

Exports during June, 2013 were valued at US $ 23785.64 million (Rs. 138901.73 crore) which was 4.56 per cent lower in Dollar terms (0.53 per cent lower in Rupee terms) than the level of US $ 24923.11 million (Rs. 139644.68 crore) during June, 2012. Cumulative value of exports for the period April-June 2013 -14 was US $ 72455.67 million (Rs. 405104.78 crore) as against US $ 73491.77 million (Rs. 397884.01 crore) registering a negative growth of 1.41 per cent in Dollar terms and growth of 1.81 per cent in Rupee terms over the same period last year.

Imports

Imports during June, 2013 were valued at US $ 36034.74 million (Rs.210433.14 crore) representing a negative growth of 0.37 per cent in Dollar terms and growth of 3.84 per cent in Rupee terms over the level of imports valued at US $ 36167.56 million (Rs. 202647.54 crore) in June, 2012. Cumulative value of imports for the period April-June, 2013-14 was US $ 122635.73 million (Rs. 684167.73 crore) as against US $ 115708.50 million (Rs. 625872.80 crore) registering a growth of 5.99 per cent in Dollar terms and growth of 9.31 per cent in Rupee terms over the same period last year.

Crude Oil and Non-Oil Imports

Oil imports during June, 2013 were valued at US $ 12767.7 million which was 13.74 per cent higher than oil imports valued at US $ 11225.6 million in the corresponding period last year. Oil imports during April-June, 2013-14 were valued at US $ 41875.0 million which was 6.40 per cent higher than the oil imports of US $ 39357.4 million in the corresponding period last year.

Non-oil imports during June, 2013 were estimated at US $ 23267.0 million which was 6.71 per cent lower than non-oil imports of US $ 24942.0 million in J

une, 2012. Non-oil imports during April - June, 2013-14 were valued at US $ 80760.7 million which was 5.78 per cent higher than the level of such imports valued at US $ 76351.1 million in April-June, 2012-13.

Trade Balance

The trade deficit for April-June, 2013-14 was estimated at US $ 50180.06 million which was higher than the deficit of US $ 42216.73 million during April-June, 2012-13.

Exports & Imports: (US $ Million)

(Provisional)
	June	April-June
Exports (including re-exports)
2012-13	24923.11	73491.77
2013-14	23785.64	72455.67
%Growth 2013-14/ 2012-2013	-4.56	-1.41
Imports
2012-13	36167.56	115708.50
2013-14	36034.74	122635.73
%Growth 2013-14/ 2012-2013	-0.37	5.99
Trade Balance
2012-13	-11244.45	-42216.73
2013-14	-12249.10	-50180.06

[Source: PIB (MoC&I) Press Release dated 12 July 2013]