Exports rise 20.47 per cent during January 2008 news
03 March 2008

India's exports during January 2008 were valued at $13,140.71 million, a rise of 20.47 per cent than the $10,907.72 million during January 2007.

The cumulative value of exports for the period April- January 2008 was $124,190.41 million up from $102,110.27 million registering a growth of 21.62 per cent in dollar terms and 7.66 per cent in rupee terms over the same period last year.

India's imports during January 2008 were valued at $22,504.41 million representing an increase of 63.57 per cent over imports of $3,757.93 million in January 2007.

The cumulative value of imports for the period April- January, 2008 was US $ 191604.13 million (Rs.771628.90 crore) as against $147,812.69 million registering a growth of 29.63 per cent in dollar terms and 14.74 per cent in rupee terms over the same period last year.

Oil imports: During January 2008 were valued at $7,711.78 million which was 60.81 per cent higher than oil imports valued at $4,795.46 million in the corresponding period last year. Oil imports during April- January, 2008 were valued at $57,023.33 million, which was 16.49 per cent higher than the oil imports of $48,951.65 million in the corresponding period last year.

Non-oil imports: During January 2008 were estimated at $14,792.62 million, which was 65.05 per cent higher than non-oil imports of $8,962.47 million in January 2007. Non-oil imports during April-January 2008 were valued at $134,580.80 million, which was 36.13 per cent higher than the level of such imports valued at $98,861.04 million in April- January 2007.

Trade Deficit: The trade deficit for April-January 2008 was estimated at $67,413.73 million, which was higher than the deficit at $45,702.42 million during April- January 2007.

India's exports, imports and trade balance (Source: Directorate General of Commercial Intelligence & Statistics)
EXPORTS & IMPORTS : ($ million)
(PROVISIONAL)
JANUARY
APRIL-JANUARY
EXPORTS (including re-exports)
2006-2007
10907.72
102110.27
2007-2008
13140.71
124190.41
%Growth 2007-2008/ 2006-2007
20.47
21.62
IMPORTS
2006-2007
13757.93
147812.69
2007-2008
22504.41
191604.13
%Growth 2007-2008/ 2006-2007
63.57
29.63
TRADE BALANCE
2006-2007
-2850.22
-45702.42
2007-2008
-9363.70
-67413.73
     
EXPORTS & IMPORTS : (Rs. Crore)
(PROVISIONAL)
JANUARY
APRIL-JANUARY
EXPORTS(including re-exports)    
2006-2007
48356.63
464532.19
2007-2008
51739.82
500117.15
%Growth 2007-2008/ 2006-2007
7.00
7.66
IMPORTS
2006-2007
60992.35
672514.33
2007-2008
88608.17
771628.90
%Growth 2007-2008/ 2006-2007
45.28
14.74
TRADE BALANCE
2006-2007
-12635.72
-207982.14
2007-2008
-36868.35
-271511.75
Figures for 2006-07 are the latest revised whereas figures for 2007-08 are provisional

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Exports rise 20.47 per cent during January 2008