INDIA’S EXPORTS CONTINUE ON A DOUBLE
DIGIT GROWTH TRAJECTORY
FOREIGN
TRADE DATA FOR THE FIRST QUARTER: APRIL- JUNE 2003-2004
India’s exports during
April-June, 2003-2004 are valued at US $ 13147.45 million which
is 11.06% higher than the level of US $ 11838.00 million during
April-June, 2002-2003. In rupee terms, the exports were Rs. 61868.77
crore, during April-June, 2003-2004 which is 6.75% higher than
the value of exports during April-June, 2002-2003.
Exports during June,
2003 are valued at US $ 4283.86 million which is 10.95% higher
than the level of US $ 3861.12 million during June, 2002. In rupee
terms, the exports were Rs. 20009.83 crore, which is 5.84% higher
than the value of exports during June, 2002.
India’s imports during
April-June, 2003-2004 are valued at US $ 17328.81 million representing
an increase of 27.05% over the level of imports valued at US $
13638.89 million in April-June, 2002-2003.
Oil imports during
April-June, 2003-2004 are valued at US $ 4818.02 million which
is 17.94% higher than oil imports valued at US $ 4085.10 million
in the corresponding period last year. Non-oil imports during
April-June, 2003-2004 are estimated at US $ 12510.79 million which
is 30.95% higher than the level of such imports valued at US $
9553.79 million in April-June, 2002-2003.
Imports during June,
2003 are valued at US $ 5893.57 million representing an increase
of 38.65 % over the level of imports valued at US $ 4250.70 million
in June, 2002. In Rupee terms the imports increased by 32.26%
during June, 2003-2004.
The trade deficit
for April-June, 2003-2004 is estimated at US $ 4181.36 million
which is higher than the deficit at US $ 1800.89 million during
April-June, 2002-2003.
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.
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IMPORTS & EXPORTS : (PROVISIONAL)
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(Unadjusted for late returns)
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(US $ Million)
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June
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April-June
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EXPORTS
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_________
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2002-2003*
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3861.12
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11838.00
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2003-2004
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4283.86
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13147.45
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%Growth 2003-2004/2002-2003
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10.95
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11.06
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IMPORTS
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_________
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2002-2003*
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4250.70
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13638.89
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2003-2004
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5893.57
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17328.81
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%Growth 2003-2004/2002-2003
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38.65
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27.05
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TRADE BALANCE
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_______________
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2002-2003*
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-389.58
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-1800.89
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2003-2004
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-1609.71
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-4181.36
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*Final figures as given by DGCI&S
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IMPORTS & EXPORTS : (PROVISIONAL)
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(Unadjusted for late returns)
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(Rs Crores)
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June
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April-June
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EXPORTS
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_________
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2002-2003*
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18906.56
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57959.35
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2003-2004
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20009.83
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61868.77
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%Growth 2003-2004/2002-2003
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5.84
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6.75
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IMPORTS
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_________
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2002-2003*
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20814.17
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66780.30
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2003-2004
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27528.75
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81532.37
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%Growth 2003-2004/2002-2003
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32.26
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22.09
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TRADE BALANCE
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_______________
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2002-2003*
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-1907.61
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-8820.95
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2003-2004
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-7518.92
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-19663.60
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*Final figures as given by DGCI&S
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