1st May, 2002
Ministry of Commerce  


INDIA'S FOREIGN TRADE FOR THE YEAR 2001-2002

India’s exports during the financial year (April-March) 2001-2002 are valued at US $ 43998.53 million which is just 0.08% lower than the level of US $ 44035.37 million during April- March, 2000-2001. In rupee terms, the exports were Rs. 210010.93 crore, which is 3.16% higher than the value of exports during April- March, 2000-2001.

Exports during March 2002 are valued at US $ 4342.55 million which is 0.78% higher than the level of US $ 4309.12 million in March 2001. In rupee terms the exports were Rs. 21164.33 crore, which is 5.35% higher than the value of exports during March, 2001.

India’s imports during April-March, 2001-2002 are valued at US $ 50654.01 million representing a growth of 1.08% over the level of imports valued at US $ 50113.25 million in April- March, 2000-2001.

Oil imports during April- March, 2001-2002 are valued at US $ 13669.00 million which is 12.73% lower than oil imports valued at US $ 15663.58 million in the corresponding period last year. Non-oil imports during April- March, 2001-2002 are estimated at US $ 36985.01 million which is 7.36% higher than the level of such imports valued at US $ 34449.67 million in April- March 2000-2001.

Imports during March 2002 are valued at US $ 4301.04 million which is 6.76% lower than the level of US $ 4612.75 million in March, 2001. In Rupee terms the imports decreased by 2.52%.

The trade deficit for April- March, 2001-2002 is estimated at US $ 6655.48 million which is higher than the deficit at US $ 6077.88 million during April- March, 2000-2001.

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)

March

April-March

EXPORTS

_________

2000-2001*

4309.12

44035.37

2001-2002

4342.55

43998.53

%Grw 2001-2002/2000-2001

0.78

-0.08

IMPORTS

_________

2000-2001*

4612.75

50113.25

2001-2002

4301.04

50654.01

%Grw 2001-2002/2000-2001

-6.76

1.08

TRADE BALANCE

_______________

2000-2001

-303.63

-6077.88

2001-2002

41.51

-6655.48

*Final figures as given by DGCI&S

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(Rs. Crore)

March

April-March

EXPORTS

_________

2000-2001*

20089.35

203571.01

2001-2002

21164.33

210010.93

%Grw 2001-2002/2000-2001

5.35

3.16

IMPORTS

_________

2000-2001*

21504.88

230872.76

2001-2002

20962.04

241478.16

%Grw 2001-2002/2000-2001

-2.52

4.59

TRADE BALANCE

_______________

2000-2001

-1415.53

-27301.75

2001-2002

202.29

-31467.23

*Final figures as given by DGCI&S