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Tuesday 13 August 2013

India's Exports during July 2013 were valued at 25834.46 Million US Dollars

As per the data released by Ministry of Commerce and Industry on 12 August 2013, India's exports in July 2013 were valued at 25834.46 million US dollars.
Exports (including re-exports)
Exports during July, 2013 were valued at 25834.46 million US dollars (154426.51 crore rupees) which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of 23140.43 million US dollars (128417.33 crore rupees) during July, 2012. Cumulative value of exports for the period April-July 2013 -14 was 98290.13 million US dollars (559531.29 crore rupees) as against US $ 96632.20 million US dollars (526301.34 crore rupees) registering a growth of 1.72 per cent in Dollar terms and growth of 6.31 per cent in Rupee terms over the same period last year.

Imports
Imports during July, 2013 were valued at 38102.56 million US dollars (227759.60 crore rupees) representing a negative growth of 6.20 per cent in Dollar terms and growth of 1.04 per cent in Rupee terms  over the level of imports valued at 40619.45 million US dollars (225416.80 crore rupees) in July, 2012. Cumulative value of imports for the period April-July, 2013-14 was 160738.29 million US dollars ( 911927.33 crore rupees) as against 156327.95 million US dollars (851289.60 crore rupees) registering a growth of 2.82 per cent in Dollar terms and growth of 7.12 per cent in Rupee terms over the same period last year.

Crude Oil and Non-Oil Imports             
Oil imports during July, 2013 were valued at 12709.4 million US dollars which was 8.02  per cent lower than oil imports valued at 13816.9 million US dollars in the corresponding period last year. Oil imports during April-July, 2013-14 were valued at 54584.3 million US dollars which was 2.65 per cent higher than the oil imports of 53174.3 million US dollars in the corresponding period last year.
Non-oil imports during July, 2013 were estimated at 25393.2 million US dollars which was 5.26 per cent lower than non-oil imports of 26802.6 million US dollars in July, 2012. Non-oil imports during April-July, 2013-14 were valued at 106154.0 million US dollars which was 2.9 per cent higher than the level of such imports valued at 103153.6 million US dollars in April-July, 2012-13.                                                                                                                                                                                                                                                                               


Trade Balance
The trade deficit for April-July, 2013-14 was estimated at 62448.16 million US dollars which was higher than the deficit of 59695.75 million US dollars during April-July, 2012-13.

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