1st September, 2002
Ministry of Commerce & Industry  


EXPORTS UP BY OVER 17% IN JULY 2002

INDIA'S FOREIGN TRADE: APRIL-JULY, 2002-2003


India’s exports during April-July, 2002-2003 are valued at US $ 15865.31 million which is 15.17% higher than the level of US $ 13775.00 million during April-July, 2001-2002. In rupee terms, the exports were Rs.77597.09 crore, during April-July, 2002-2003 which is 19.94% higher than the value of exports during April-July, 2001-2002.

Exports during July, 2002 are valued at US $ 4041.43 million which is 17.74% higher than the level of US $ 3432.64 million during July, 2001. In rupee terms, the exports were Rs. 19707.41 crore, which is 21.79% higher than the value of exports during July, 2001.

India’s imports during April-July, 2002-2003 are valued at US $ 17747.34 million representing an increase of 0.22% over the level of imports valued at US $ 17708.00 million in April-July, 2001-2002.

Oil imports during April-July, 2002-2003 are valued at US $ 5383.00 million which is 1.12% higher than oil imports valued at US $ 5323.23 million in the corresponding period of last year. Non-oil imports during April-July, 2002-2003 are estimated at US $ 12364.00 million which is 0.17% lower than the level of such imports valued at US $ 12384.77 million in April-July, 2001-2002.

Imports during July, 2002 are valued at US $ 4644.19 million registering a decline of 5.65% over the level of imports valued at US $ 4922.46 million in July, 2001. In Rupee terms the imports increased by 4.37% during April-July, 2002-2003.

The trade deficit for April-July, 2002-2003 is estimated at US $ 1882.03 million which is lower than the deficit at US $ 3933.00 million during April-July, 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)

EXPORTS

July

April-July

2001-2002*

3432.64

13775.00

2002-2003

4041.43

15865.31

%Grw 2002-2003/2001-02

17.74

15.17

     

IMPORTS

   

2001-2002*

4922.46

17708.00

2002-2003

4644.19

17747.34

%Grw. 2002-2003/2001-02

-5.65

0.22

     

TRADE BALANCE

   

2001-2002

-1489.82

-3933.00

2002-2003

-602.76

-1882.03

* Final figures as given by DGCI&S

IMPORTS & EXPORTS : (PROVISIONAL)

(Unadjusted for late returns)

(Rs Crore)

EXPORTS

July

April-July

2001-2002*

16181.22

64695.26

2002-2003

19707.41

77597.09

%Grw 2002-2003/2001-02

21.79

19.94

     

IMPORTS

   

2001-2002*

23204.12

83171.77

2002-2003

22646.71

86802.23

%Grw 2002-2003/2001-02

-2.40

4.37

     

TRADE BALANCE

   

2001-2002

-7022.90

-18476.51

2002-2003

-2939.30

-9205.14

* Final figures as given by DGCI&S

 
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