Dollar Exports Up by 11.5% in Sept 2013, Import Fall – 18.10%

Exports (including re-exports)

Exports during September, 2013 were valued at US $ 27679.33 million (Rs. 176461.53 crore) which was 11.15 per cent higher in Dollar terms (29.77 per cent higher in Rupee terms) than the level of US $ 24902.00 million (Rs. 135978.63 crore) during September, 2012. Cumulative value of exports for the period April-September 2013 -14 was US $ 152105.40 million (Rs 901194.97 crore) as against US $ 144673.91 million (Rs. 790838.40 crore) registering a growth of 5.14 per cent in Dollar terms and growth of 13.95 per cent in Rupee terms over the same period last year.

Imports

Imports during September, 2013 were valued at US $ 34439.50 million (Rs.219559.04 crore) representing a negative growth of 18.10 per cent in Dollar terms and a negative growth of 4.38 per cent in Rupee terms over the level of imports valued at US $ 42051.45 million (Rs. 229624.04 crore) in September, 2012. Cumulative value of imports for the period April-September, 2013-14 was US $ 232231.64 million (Rs. 1365699.30 crore) as against US $ 236493.90 million (Rs. 1292490.99 crore) registering a negative growth of 1.80 per cent in Dollar terms and growth of 5.66 per cent in Rupee terms over the same period last year.

Crude Oil and Non-Oil Imports

Oil imports during September, 2013 were valued at US $ 13196.5 million which was 5.94 per cent lower than oil imports valued at US $ 14029.5 million in the corresponding period last year. Oil imports during April-September, 2013-14 were valued at US $ 82876.1 million which was 3.58 per cent higher than the oil imports of US $ 80011.6 million in the corresponding period last year.

Non-oil imports during September, 2013 were estimated at US $ 21243.0 million which was 24.19 per cent lower than non-oil imports of US $ 28022.0 million in September, 2012. Non-oil imports during April-September, 2013-14 were valued at US $ 149355.5 million which was 4.55 per cent lower than the level of such imports valued at US $ 156482.3 million in April-September, 2012-13.

Trade Balance

The trade deficit for April-September, 2013-14 was estimated at US $ 80126.24 million which was lower than the deficit of US $ 91819.99 million during April-September, 2012-13.

Exports & Imports: (US $ Million)

(Provisional)

September

April-September

Exports (including re-exports)

2012-13

24902.00

144673.91

2013-14

27679.33

152105.40

%Growth2013-14/ 2012-2013

11.15

5.14

Imports

2012-13

42051.45

236493.90

2013-14

34439.50

232231.64

%Growth2013-14/ 2012-2013

-18.10

-1.80

Trade Balance

2012-13

-17149.45

-91819.99

2013-14

-6760.17

-80126.24

[Source: PIB (MoC&I) Press Release dated 9th October 2013]