Exports up by 32% in April-January 2006-07

The cumulative value of exports for the period April- January, 2007 was US $ 99137.44 million ($ 99 billion) or Rs.451167.67 Crore as against US $ 74978.00 million ($ 74.9 billion) or Rs.331771.01 crore during the same period last year, indicating a growth of 32.22%, according to the provisional data available from Directorate General of Commercial Intelligence & Statistics (DGCI&S). Exports during the month of January 2007 were valued at US $ 9648.36 million (Rs.42773.57 crore) during the month of January 2007 compared with US $ 8457.72 million (Rs.37549.74 crore) in January, 2006.

The cumulative value of imports during April - January, 2007 was US $ 149725.99 million (Rs.680940.63 crore) which was higher than imports at US $ 108802.77 million (Rs.481338.68 crore) during April-January, 2006. Imports during the month of January, 2007 were valued at US $ 15430.06 million(Rs.68405.33 crore) compared with US $ 11367.68million (Rs.50469.10 crore) in January, 2006.

Crude Oil imports were valued at US $ 4795.46 million in January 2007 compared with US $ 4167.40 million in the corresponding period last year thus registering a growth of 15.07%. Crude Oil imports during April-January 2007were valued at US $ 48612.07 million which was 36.40 % higher than Crude Oil imports of US $ 35638.39 million in the corresponding period last year.

Non-oil imports were estimated at US $ 10634.61 million during January 2007 which was 27.32 % higher than the value of non-oil imports at US $ 8352.67 million in January 2006. Non-oil imports during April- January, 2007 were valued at US $ 101113.93 million which was 23.31% higher than the level of such imports valued at US $ 82000.35 million in April- January 2006.

The trade deficit for April-January, 2007 was estimated at US $ 50588.55 million which was higher than the deficit of US $ 33824.77 million during April-January 2006.

Source : Press Information Bureau

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