October
Dollar Export Rise 10.8%, Imports Rise 21.7%
Engineering goods crash giving up
gains in first half year, over invoicing of DEPB is the culprit
[Ref: PIB (MoC&I) Release dated 1 December 2011]
Exports
(including re-exports)
India’s
exports during October, 2011 were valued at US$ 19869.97 million (Rs.97875.32 crore) which was 10.82 per cent higher in Dollar terms
(22.92 per cent higher in Rupee terms) than the level of US$ 17929.64 million (Rs. 79626.77) during October, 2010. Cumulative value of
exports for the period April-October 2011 -12 was US$ 179777.23 million (Rs 820679.43 crore) as against
US$ 123170.46 million
(Rs.564313.87 crore) registering a growth of 45.96 per cent in Dollar terms and 45.43 per
cent in Rupee terms over the same period last year.
Imports
India’s
imports
during October, 2011 were valued at US$ 39513.73 million (Rs.194636.35 crore) representing a growth of 21.72 per cent in Dollar
terms (35.01 per cent in Rupee terms) over the level of imports valued at US$
32461.70 million ( Rs. 144164.69 crore)
in October, 2010. Cumulative value of imports for the period April-October,
2011-12 was US$ 273467.77 million (Rs.1251948.19 crore)
as against US$ 208821.75 million (Rs. 955937.28 crore) registering a growth of 30.96 per cent in Dollar
terms and 30.97 per cent in Rupee terms over the same period last year.
Crude Oil and Non-Oil
Imports
Oil imports during October,
2011 were valued at US$ 10076.48 million which was 20.73 per cent higher than
oil imports valued at US$ 8346.44 million in the corresponding period last
year. Oil imports during April-October, 2011-12 were valued at US$ 81921.93
million which was 40.82 per cent higher than the oil imports of US$ 58175.62
million in the corresponding period last year.
Non-oil imports during
October, 2011 were estimated at US$ 29437.25 million which was 22.07 per cent
higher than non-oil imports of US$ 24115.26 million in October, 2010. Non-oil
imports during April - October, 2011-12 were valued at US$ 191545.84 million
which was 27.15 per cent higher than the level of such imports valued at US$
150646.14 million in April - October, 2010-11.
Trade
Balance
The trade deficit for
April-October, 2011-12 was estimated at US$ 93690.54 million which was higher
than the deficit of US$ 85651.29 million during April-October, 2010-11.
|
Exports
& Imports : (US $ Million) (Provisional) |
||
|
October |
April-October |
|
|
Exports (including
re-exports) |
||
|
2010-11 |
17929.64 |
123170.46 |
|
2011-12 |
19869.97 |
179777.23 |
|
%Growth2011-12/
2010-2011 |
10.82 |
45.96 |
|
Imports |
||
|
2010-11 |
32461.70 |
208821.75 |
|
2011-12 |
39513.73 |
273467.77 |
|
%Growth2011-12/
2010-2011 |
21.72 |
30.96 |
|
Trade Balance |
||
|
2010-11 |
-14532.06 |
-85651.29 |
|
2011-12 |
-19643.76 |
-93690.54 |
|
Exports & Imports : (Rs. Crore) |
||
|
October |
April-October |
|
|
Exports(including
re-exports) |
||
|
2010-11 |
79626.77 |
564313.87 |
|
2011-12 |
97875.32 |
820679.43 |
|
%Growth2011-12/
2010-2011 |
22.92 |
45.43 |
|
Imports |
||
|
2010-11 |
144164.69 |
955937.28 |
|
2011-12 |
194636.35 |
1251948.19 |
|
%Growth2011-12/
2010-2011 |
35.01 |
30.97 |
|
Trade Balance |
||
|
2010-11 |
-64537.92 |
-391623.41 |
|
2011-12 |
-96761.03 |
-431268.76 |