1st October, 2002
Ministry of Commerce & Industry  


EXPORTS GO UP BY OVER 13%

INDIA’S FOREIGN TRADE: APRIL-AUGUST, 2002-2003


India’s exports during April-August, 2002-2003 are valued at US $ 19766.26 million which is 13.37% higher than the level of US $ 17435.88 million during April- August, 2001-2002. In rupee terms, the exports were Rs.96550.42 crores, during April- August, 2002-2003 which is 17.82% higher than the value of exports during April- August, 2001-2002.

Exports during August, 2002 are valued at US $ 3885.61 million which is 6.55% higher than the level of US $ 3646.85 million during August, 2001. In rupee terms, the exports were Rs. 18878.30 crores, which is 9.84% higher than the value of exports during August, 2001.

India’s imports during April- August, 2002-2003 are valued at US $ 22468.68 million representing an increase of 1.76% over the level of imports valued at US $ 22080.33 million in April-August, 2001-2002.

Oil imports during April- August, 2002-2003 are valued at US $ 6873.03 million which is 5.29% higher than oil imports valued at US $ 6527.86 million in the corresponding period of last year. Non-oil imports during April-August, 2002-2003 are estimated at US $ 15595.65 million which is 0.28% higher than the level of such imports valued at US $ 15552.47million in April- August, 2001-2002.

Imports during August, 2002 are valued at US $ 4627.83 million registering an increase of 5.84% over the level of imports valued at US $ 4372.33 million in August, 2001. In Rupee terms the imports increased by 5.75% during April- August, 2002-2003.

The trade deficit for April- August, 2002-2003 is estimated at US $ 2702.42 million which is lower than the deficit at US $ 4644.45 million during April- August, 2001-2002.

IMPORTS & EXPORTS: (PROVISIONAL)

(Unadjusted for late returns)

(Rs Crores)

August

April-August

EXPORTS

2001-2002*

17186.32

81947.58

2002-2003

18878.30

96550.42

%Grw 2002-2003/2001-2002

9.84

17.82

IMPORTS

2001-2002*

20605.25

103777.03

2002-2003

22484.40

109742.63

%Grw 2002-2003/2001-2002

9.12

5.75

TRADE BALANCE

2001-2002

-3418.93

-21829.45

2002-2003

-3606.10

-13192.21

IMPORTS & EXPORTS: (PROVISIONAL)

(Unadjusted for late returns)

(US $ Million)

August

April-August

EXPORTS

2001-2002*

3646.85

17435.88

2002-2003

3885.61

19766.26

%Grw 2002-2003/2001-2002

6.55

13.37

IMPORTS

2001-2002*

4372.33

22080.33

2002-2003

4627.83

22468.68

%Grw 2002-2003/2001-2002

5.84

1.76

TRADE BALANCE

2001-2002

-725.48

-4644.45

2002-2003

-742.22

-2702.42

*Final figures as given by DGCI&S