trends in India’s Foreign Trade in terms of composition


A. EXPORTS (including re-exports)



Exports during August, 2010 were valued at US $ 16644 million (Rs. 77509 crore) which was 22.5 per cent higher in Dollar terms (18.0 per cent higher in Rupee terms) than the level of US $ 13586 million (Rs.65670 crore) during August, 2009. Cumulative value of exports for the period April-August 2010  was US $ 85273 million (Rs 392811 crore) as against US $ 66326 million (Rs. 322424 crore) registering a  growth of 28.6  per cent in Dollar terms and 21.8 per cent in Rupee terms over the same period last year.





B. IMPORTS

Imports during August, 2010 were valued at US $ 29679 million (Rs.138211  crore) representing a growth of 32.2 per cent in Dollar terms (27.4 per cent in Rupee terms)  over the level of imports valued at US $ 22449 million ( Rs. 108506 crore) in August, 2009. Cumulative value of imports for the period April-August, 2010 was US $ 141894 million (Rs. 653828 crore) as against US $ 106605 million (Rs. 518024 crore) registering a growth of 33.1 per cent in Dollar terms and 26.2 per cent in Rupee terms over the same period last year.





C. CRUDE OIL AND NON-OIL IMPORTS:





Oil imports during August, 2010 were valued at US $ 7795 million which was 12.4  per cent higher than oil imports valued at US $  6936 million in the corresponding period last year.   Oil imports during April-August, 2010 were valued at US$ 40736 million which was 31.7 per cent higher than the oil imports of US $ 30929 million in the corresponding period last year.

Non-oil imports during August, 2010 were estimated at US $ 21884 million which was 41.1 per cent higher than non-oil imports of US $ 15513 million in August, 2009. Non-oil imports during April - August, 2010 were valued at US$ 101157 million which was 33.7 per cent higher than the level of such imports valued at US$ 75676 million in April - August, 2009.



D. TRADE BALANCE



The trade deficit for April - August, 2010 was estimated at US $ 56620 million which was higher than the deficit of US $ 40279 million during April -August, 2009.
































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