Exports rise 28 Per cent in August

By Our Economy Bureau | 20 Sep 2004

New Delhi: The country''s exports grew at 28.13 per cent in dollar terms at $562.53 million in August, with the cumulative export growth running at 26.08 per cent during the first five months of the current fiscal.

Provisional trade figures collected by the Directorate-General of Commercial Intelligence and Statistics (DGCI&S), Kolkata, and released by the department of commerce show that exports during April-August are valued at $27,551.63 million, against $21,852.48 million during the corresponding months of 2003-04.

In rupee terms, the exports were Rs 1,25,199.79 crore during the first five months of the current fiscal, against Rs 1,01,956.20 crore, showing a growth of 22.80 per cent.

The country''s imports during April-August are valued at $37,137.75 million, representing an increase of 30.42 per cent over the level of imports valued at $28,474.44 million in the same period last year.

Imports during August are valued at $7,102.04 million ($5,656.41 million in August 2003), representing an increase of 25.55 per cent.