1st July, 2002
Ministry of Commerce & Textiles  


INDIA'S FOREIGN TRADE DATA FOR APRIL-MAY 2002-2003


India’s Exports during April-May, 2002-2003 are valued at US $ 7449.68 million which is 10.46% higher than the level of US $ 6744.25 million during April-May, 2001-2002. In rupee terms, the exports were Rs.36472.16 crore, which is 15.41% higher than the value of exports during April-May, 2001-2002.

Exports during May, 2002-2003 are valued at US $ 3768.79 million which is 3.85% higher than the level of US $ 3629.24 million during May, 2001-2002. In rupee terms, the exports were Rs. 18465.87 crore, which is 8.44% higher than the value of exports during May, 2001-2002.

India’s Imports during April-May, 2002-2003 are valued at US $ 8444.62 million representing a decline of 3.69% over the level of imports valued at US $ 8768.24 million in April-May, 2001-2002.

Oil imports during April-May, 2002-2003 are valued at US $ 2487.87 million which is 6.79% lower than oil imports valued at US $ 2669.05 million in the corresponding period of last year. Non-oil imports during April-May,2002-2003 are estimated at US $ 5956.75 million which is 2.34% lower than the level of such imports valued at US $ 6099.19 million in April-May,2001-2002.

Imports during May, 2002-2003 are valued at US $ 4405.82 million registering a decline of 5.74% over the level of imports valued at US $ 4674.26 million in May,2001-2002. In Rupee terms the imports decreased by 1.57%.

The trade deficit for April-May, 2002-2003 is estimated at US $ 994.94 million which is lower than the deficit at US $ 2023.99 million during April-May, 2001-2002.

Tables giving details of exports, imports and trade balance, according to the provisional estimates of Directorate General of Commercial Intelligence & Statistics (DGCI&S), are attached.

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(US $ Million)

May

April-May

EXPORTS

_________

2001-2002*

3629.24

6744.25

2002-2003

3768.79

7449.68

%Grw 2002-2003/2001-2002

3.85

10.46

IMPORTS

_________

2001-2002*

4674.26

8768.24

2002-2003

4405.82

8444.62

%Grw 2002-2003/2001-2002

-5.74

-3.69

TRADE BALANCE

_______________

2001-2002

-1045.02

-2023.99

2002-2003

-637.03

-994.94

*Final figures as given by DGCI&S

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(Rs Crore)

May

April-May

EXPORTS

_________

2001-2002*

17028.49

31601.56

2002-2003

18465.87

36472.16

%Grw 2002-2003/2001-2002

8.44

15.41

IMPORTS

_________

2001-2002*

21931.74

41084.77

2002-2003

21587.12

41344.24

%Grw 2002-2003/2001-2002

-1.57

0.63

TRADE BALANCE

_______________

2001-2002

-4903.25

-9483.21

2002-2003

-3121.25

-4872.08

*Final figures as given by DGCI&S