Exports Rise by $3bn in Aug, Imports Crash, Rupee Fall Spurs
Exports (including
re-exports)
Exports during August, 2013
were valued at US $ 26135.94 million (Rs. 165202.15 crore) which was 12.97 per
cent higher in Dollar terms (28.53 per cent higher in Rupee terms) than the
level of US $ 23134.47 million (Rs. 128534.68 crore) during August, 2012.
Cumulative value of exports for the period April-August 2013-14 was US $
124426.07 million (Rs724733.44 crore) as against US $ 119771.91 million (Rs.
654859.77 crore) registering a growth of 3.89 per cent in Dollar terms and
growth of 10.67 per cent in Rupee terms over the same period last year.
Imports
Imports during August, 2013 were valued at US $
37053.85 million (Rs.234212.93 crore) representing a negative growth of 0.68
per cent in Dollar terms and growth of 12.99 per cent in Rupee terms over the
level of imports valued at US $ 37307.27 million (Rs. 207278.42 crore) in
August, 2012. Cumulative value of imports for the period April-August, 2013-14
was US $ 197792.14 million (Rs. 1146140.26 crore) as against US $ 194442.45
million (Rs. 1062866.95 crore) registering a growth of 1.72 per cent in Dollar
terms and growth of 7.83 per cent in Rupee terms over the same period last
year.
Crude Oil and
Non-Oil Imports
Oil imports during August, 2013 were valued at US $
15095.3 million which was 17.88 per cent higher than oil imports valued
at US $ 12805.7 million in the corresponding period last year. Oil imports
during April-August, 2013-14 were valued at US $ 69679.6 million which was 5.60
per cent higher than the oil imports of US $ 65982.0 million in the
corresponding period last year.
Non-oil imports during August, 2013 were estimated
at US $ 21958.6 million which was 10.4 per cent lower than non-oil imports of
US $ 24501.6 million in August, 2012. Non-oil imports during April-August,
2013-14 were valued at US $ 128112.5 million which was 0.3 per cent lower than
the level of such imports valued at US $ 128460.5 million in April-August,
2012-13.
Trade Balance
The trade deficit for April-August, 2013-14 was
estimated at US $ 73366.07 million which was lower than the deficit of US $
74670.54 million during April-August, 2012-13.
|
Exports & Imports: (US $ Million) |
||
|
(Provisional) |
|
|
|
|
August |
April-August |
|
Exports (including re-exports) |
|
|
|
2012-13 |
23134.47 |
119771.91 |
|
2013-14 |
26135.94 |
124426.07 |
|
%Growth 2013-14/ 2012-2013 |
12.97 |
3.89 |
|
Imports |
|
|
|
2012-13 |
37307.27 |
194442.45 |
|
2013-14 |
37053.85 |
197792.14 |
|
%Growth 2013-14/ 2012-2013 |
-0.68 |
1.72 |
|
Trade Balance |
|
|
|
2012-13 |
-14172.80 |
-74670.54 |
|
2013-14 |
-10917.91 |
-73366.07 |
[Source: PIB (MoC&I) Press Release dated 10th
September 2013]