Exports rise 18% to Rs 20,000 crore in July

New Delhi: Indias exports during July 2002 went up by 17.74 per cent. The exports in the period are valued at $4,041.43 million against $3,432.64 million during July 2001.

In rupee terms, the exports were worth Rs 19,707.41 crore, which is 21.79 per cent higher than the value of exports during July 2001, according to an official release.

The exports during the period April-July 2002-03 are valued at $15865.31 million, which is 15.17 per cent higher than the level of $13,775.00 million during April-July 2001-02. In rupee terms, the exports were at Rs 77,597.09 crore 19.94 per cent higher than the value of exports previously.

Further, the imports during the period are valued at $17,747.34 million, representing an increase of 0.22 per cent over the level of imports valued at $17,708.00 million in April-July 2001-02. The oil imports during the period are valued at $5,383 million, which is 1.12-per cent higher than oil imports valued at $5,323.23 million in the corresponding period last year. The non-oil imports are estimated at $12,364 million, which is 0.17 per cent lower than the level of such imports valued at $12,384.77 million.

The imports during July 2002 are valued at $4,644.19 million, registering a decline of 5.65 per cent over $4,922.46 million in July 2001. The trade deficit for April-July 2002-03 is estimated at $1,882.03 million, which is lower than the deficit at $3,933 million during April-July 2001-02.